Operation Choke Point 2.0 - US Goes after crypto
The Biden Administration is quietly trying to ban crypto.
Latest Crypto News
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ISO 20022 - Going Live: March 20th, 2023
Swift will begin the ISO 20022 starting on March 20, 2023.
Stablecoin USDC Slipps off dollar peg after revealing $3.3B Silicon Valley Bank Exposure
USDC lost its dollar peg and hit an all-time low on Saturday after Circle, the U.S. firm behind the coin, revealed that some of the reserves backing it were held at Silicon Valley Bank.
Silicon Valley Bank (SBV) Collapses
SVB is declared insolvent, making it the largest bank failure since the financial crisis.
Feds Warns Of Larger Rate Hike
In his report to Congress, Powell warned that the Fed was prepared to raise rates faster and higher than expected.
HBAR Exploited
On March 10th, the HBAR Foundation confirmed that the network had been attacked through the Smart Contract Service code.