Day: 13 March 2023

Circle has announced Cross River Bank as its new commercial banking partner for the production and redemption of the US Dollar Coin (USDC). Circle’s USDC operations will open for business on Monday morning, including with new automated settlement via our new partnership with Cross River Bank. https://t.co/ybkSEedzrC — Jeremy Allaire ...

To set the stage for this discussion, let's first define some key terms: Innovative: 'characterized by the creation of new, forward-looking ideas or inventions'. Regenerate: 'to reconstruct or create anew, especially in an improved manner, or to revitalize something'. Finance: 'the management of money, monetary resources, and other similar assets'. ...

The President of the United States, Joe Biden, has promised to ensure that those responsible for the downfall of Silicon Valley Bank and Signature Bank are held accountable. He also stated that depositors need not worry about their funds' safety, as their deposits are secure. Biden stated:  "I am firmly ...

Renowned Japanese automaker, Nissan, has joined other automobile manufacturers in embracing Web3 technology. The company recently applied for four new NFT and Metaverse trademarks in the United States. Additionally, its Japan unit is experimenting with metaverse auto sales. The trademark application was filed on March 7, 2023, with the United ...

According to reports, the now-defunct Signature Bank held funds for several crypto companies, including crypto exchange Coinbase, bankrupt crypto lender Celsius, and stablecoin issuer Paxos. Recall that on March 12, the Federal Deposit Insurance Corporation (FDIC) and New York regulators closed the bank, citing it as a systemic risk to ...