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Binance converting $1 billion in BUSD to bitcoin, ether and BNB

Binance CEO Changpeng Zhao announced on Twitter that exchange would convert approximately $1 billion of BUSD to bitcoin, ether and BNB.

In ether, silicon, binance, Mar 13, 2023 · 33 points

Judge concerned Sam Bankman-Fried is too 'technologically savvy,' could find a way around tech restrictions | CNN Business

United States District Judge Lewis Kaplan indicated at a hearing Friday he might modify FTX founder Sam Bankman-Fried’s bail conditions, but only after attorneys further tighten the r...

In bail, tech, savvy, Mar 13, 2023 · 58 points

Pokemon fans concerned as job listing teases NFTs & Metaverse future: “This scares me” - Dexerto

Pokemon fans are worried as The Pokemon Company is looking to hire a Senior employee who is knowledgeable in NFTs and Web 3.

In scares, listing, metaverse, Mar 13, 2023 · 39 points

Crypto Addiction Is a Problem, Not Everyone Can Agree How Big

Experts and psychologists have identified a new and growing problem: crypto addiction. Multiple clinics have begun offering programs to help patients with this emerging illness. Like ...

In Mar 13, 2023 · 41 points

USDC bounces back toward $1 peg after Fed announcement

After dropping to as low as $0.87, USDC has surged back to $0.99 despite the crypto-friendly Signature Bank going bust.

In reserves, usdc, fed, Mar 13, 2023 · 53 points

Bitcoin Bursts to $22,000 As Biden Administration Tries to Stop Contagion in U.S. Financial System

The price of Bitcoin (BTC) is soaring as the Biden Administration races to prevent the collapse of Silicon Valley Bank from triggering a mass exodus at regional banks across the U.S.

In tries, valley, system, Mar 13, 2023 · 60 points

'Very lucky' solo miner solves Bitcoin block for $148K reward

"It is a great luck to catch a block with such a hashrate," someone claiming to be the miner wrote. “In less than a day, luck smiled on me."

In solves, valid, lucky, Mar 13, 2023 · 80 points

Ripple Had ‘Some Exposure’ to Silicon Valley Bank, Says CEO

Brad Garlinghouse declined to say how much capital is at the failed bank but said Ripple “remains strong.”

In silicon, ripple, exposure, Mar 13, 2023 · 40 points

Bill Ackman warns US gov't: Fix mistake in ‘48 hours’ or face ‘destruction’

Billionaire Bill Ackman stated in a March 11 tweet that the U.S. government has “48 hours” to fix a “soon-to-be-irreversible mistake” by allowing Silicon Valley Bank to fail without “...

In warns, ackman, states, Mar 12, 2023 · 35 points