Lily Kim 
Due to the increasing price of Bitcoin, the whole crypto market is seeing a rapid inflow of investments from FOMO-ridden investors. In the past week alone, the crypto market has grown by 5.41% and currently sits at $1.08 trillion. The trickle-down effect has also affected Ethereum, which has grown by 4.56% in the past 24 … Read more
Binance exchange has been facing issues with the banking enterprise that is acting in the third-party capacity for providing payment solutions. On this account, Binance has reported that it has been finding new banking partners to continue its British pound payment services. Recently, Skrill announced that it will stop collaborating with the Binance exchange. Thus … Read more
Circle, the parent company behind the stablecoin USDC, had its $3.3 billion reserves stuck in the failed Silicon Valley Bank. This caused USDC, the second-largest stablecoin in the crypto market, to lose its $1 peg. However, after some positive developments regarding the SVB hoax, USDC is all set to regain its $1 peg. The stablecoin … Read more
The debate between the SEC and CFTC on the matter of cryptocurrency regulations is only growing spicier with time. The Chairperson of CFTC recently faced off against his SEC counterpart on the matter of Bitcoin-only remarks. For context, SEC chairperson Gary Gensler recently remarked that Bitcoin is the only cryptocurrency that is not an unregistered … Read more
