By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Should ether be deemed a security at the state level, it may lead to federal laws ultimately being settled in, Pennsylvania State University Dickinson Law Professor Tonya Evans, says.Publish at: March 10, 2023 at 10:07PM

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data $11.4 billion of USDC reserves are held in the form of cash at Reserve Banks, which include the two members of the Federal Reserve System.Publish at: March 10, 2023 at 07:50PM

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Circle’s USDC, the second largest stablecoin with $43 billion market capitalization, held an undisclosed part of its $9.8 billion cash reserves at failed Silicon Valley Bank.Publish at: March 10, 2023 at 07:35PM

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Every U.S. bank is facing similar structural pressures to what drove crypto’s one-time favorite bank to the moon – then into the ground.Publish at: March 10, 2023 at 05:40PM

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Separation-of-powers offers hope to the crypto industry, which is under attack from unchecked executive power. Two separate courtrooms in which judges, guided by an impartial legal framework, eschewed that popularist mode of judgment and instead considered the SEC’s claims against the facts and counter-arguments presented to them.Publish at: […]

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Troubled DeFi stablecoin exchange mStable has been searching for a buyer after its founder announced he would leave at the end of March.Publish at: March 10, 2023 at 04:56PM

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Silicon Valley Bank was shuttered by the California Department of Financial Protection and Innovation on Friday, marking the second bank to shut down within days. The startup-focused bank counted a number of major crypto venture capital firms as clients.Publish at: March 10, 2023 at 04:50PM

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data SBNY shares sank as low as $64.60 at 14:45 UTC on Friday, a drop of around 28% from its opening price of just over $90.Publish at: March 10, 2023 at 03:56PM

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data He stumbled upon Bitcoin in high school while looking for ways to pay for his favorite video games. He now reviews and improves Bitcoin’s code for a living. Sometimes it’s boring, mind-numbing, but he does it anyway. Somebody has to.Publish at: March 10, 2023 at 03:35PM

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Several on-chain positions are at risk of being liquidated following ether’s plunge to a two-month low of $1,373.Publish at: March 10, 2023 at 02:28PM