Cardano DEX Minswap Sees Volume Jump Driven by SNEK, BANK Meme Coins
Volumes surged from just over $1 million at the start of May to $18 million on Tuesday, data from Minswap shows.
 Coindesk
CoindeskVolumes surged from just over $1 million at the start of May to $18 million on Tuesday, data from Minswap shows.
 Coindesk
CoindeskThe FDIC said early estimates showed that Silicon Valley Bank's failure cost its Deposit Insurance Fund around $20 billion.
 CryptoSlate
CryptoSlateSignet, the payment network widely used by Web3 businesses, still remains under the FDIC control.
 Beincrypto
BeincryptoSignature Bank has found a buyer after a week long financial odyssey, the New York Community Bancorp, Inc.
 CryptoSlate
CryptoSlateThings are not going well for Anchorage Digital. The crypto bank just announced a 20% cut in its staff, citing regulatory uncertainty.
 cryptopotato
cryptopotatoNew York regulators quickly took control of Signature Bank Sunday night, making it the third bank to close its doors in a week—and the third largest bank failure in U.S. history.
 decrypt
decryptCircle, Ripple, and Pantera Capital are among the companies exposed to SVB, while Coinbase and Paxos have assets stuck on Signature Bank.
 cryptopotato
cryptopotatoThe company did not say whether it plans to submit a bankruptcy filing.
 CryptoSlate
CryptoSlateA stablecoin is a cryptocurrency that has its prices pegged to that of different assets, often to fiat currencies.
 Others
OthersFollowing a period of extreme volatility in traditional financial markets Credit Suisse and Deutsche Bank are said to be in financial difficulty.
 Beincrypto
Beincrypto