USDC and BUSD are breathing a sigh of relief, thanks to the Biden administration

The US government is bailing out bankrupt banks. However, BUSD and USDC continue to suffer. The crypto community in general criticized the government’s bailout. In recent days, the collapse of Signature and the Silicon Valley Bank has had quite an impact on the financial and crypto markets. On March 12, a long-awaited response came from … Read more

Bitcoin Cash outperformed Litecoin and Ethereum Classic in this category

Bitcoin Cash ranks higher in decentralization than Litecoin and Ethereum Classic. BCH whales have rebounded during the recent crash. Bitcoin cash [BCH] was for the most part overshadowed by its more popular counterparts. Nevertheless, it has managed to maintain a significant following, and it is perhaps the most underrated cryptocurrency in terms of decentralization. Is … Read more

Coinbase, Celsius and Paxos announce funds in Signature Bank

Crypto exchange Coinbase, crypto lender Celsius and stablecoin issuer Paxos are among the crypto companies with funds allegedly linked to the now-closed Signature Bank. The crypto-friendly Signature Bank was shut down on March 12 by New York regulators in conjunction with the US Federal Deposit Insurance Corporation (FDIC) to “protect the US economy” as they … Read more

OpenSea fixes vulnerability that may expose users’ identities

Non-fungible token marketplace OpenSea has reportedly patched a vulnerability that, if exploited, could reveal identifying information about its anonymous users. In a March 9 blog post, cybersecurity firm Imperva detailed how it discovered the vulnerability, which it claimed could de-anonymize OpenSea users “by linking an IP address, a browser session, or an email under certain … Read more