Circle, a well-known digital currency firm that provides various services such as cryptocurrency trading, investing, and payments, has disclosed that it holds $3.3 billion of exposure to Silicon Valley Bank. This announcement sparked concerns about the bank’s balance sheet stability, as Circle’s recent filing with the Securities and Exchange Commission (SEC) indicates that it views […]
Recently a new meme coin is impressing the cryptocurrency market with astounding and rapid growth. Golden Inu, the newest dog-inspired crypto recently celebrated the growth of nearly 100% of its market cap. The asset’s capitalization grew from $108k on March 4 to today reaching $198k. As if that wasn’t enough, $GOLDEN also grew exponentially throughout […]
The cryptocurrency exchange Binance has recently announced the addition of 11 new tokens to its Proof of Reserves (PoR) program. This move comes as part of the exchange’s efforts to increase the diversity of assets held, providing more security and stability for its users. What is Binance’s Proof of Reserves Program? Binance’s PoR program assures […]
