Barney Frank, a former member of the U.S. House of Representatives from Massachusetts and leading co-sponsor of the 2010 Dodd-Frank Act, discussed his opinion on the recent failure of Signature Bank. In an interview, Frank stated that he believes regulators aimed to “send a very strong anti-crypto message.” Frank, who also serves as a Signature […]
Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after its former settlement partner, Signature Bank, was closed by New York regulators, according to a statement from CEO Jeremy Allaire. “The 1:1 redeemability of all USDC in circulation is of paramount importance to Circle,” Allaire emphasized. Crypto Firms Scramble for […]
Firefox is a fast, full-featured Web browser. It offers great security, privacy, and protection against viruses, spyware, malware, and it can also easily block pop-up windows. The key features that have made Firefox so popular are the simple and effective UI, browser speed and strong security capabilities. Firefox has complete features for browsing the Internet. […]
G.Skill has announced a new, high capacity DDR5 memory kit for Intel’s 13th Generation Raptor Lake processors and accompanying LGA1700 platform. The Trident Z5 RGB DDR5-8000 CL38, which features a capacity of 48 GB (2 x 24 GB), comes with an Intel XMP 3.0 profile for a fast and effortless setup on high-end systems that […]
On Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade volume over 24 hours, with a large portion of those trades involving stablecoins. USDC traded near parity with the U.S. dollar, and several stablecoins, including tether and BUSD, sold at premiums. Tether reached a high of $1.04 per unit and […]
Microsoft plans to roll out an update for OneNote in April 2023 to improve the product’s protection against “known high risk” phishing attacks. A new entry on the official Microsoft 365 Roadmap, a website that tracks upcoming product changes to all Microsoft 365 applications, confirms the security feature. ADVERTISEMENT OneNote is a note taking application […]
Dropbox was among the first large cloud service providers (CSPs) providers to deploy hard drives that use shingled magnetic recording (SMR) to increase storage density of its datacenters. As the company is looking forward to future technology and plans to be one of the first adopters of HDDs featuring heat assisted magnetic recording (HAMR), it […]
On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be noticeable following the announcement. CZ’s Decision to Convert $1 Billion BUSD Comes Amidst Troubles […]
Litecoin was back in the green on March 13, as cryptocurrency markets rebounded to start the week. The token rose by as much as 15% in today’s session, with the global crypto market cap trading nearly 10% higher. Ethereum classic also moved significantly higher. Litecoin (LTC) Litecoin (LTC) rose by as much as 15% to […]
The U.S. Federal Deposit Insurance Corporation (FDIC) has announced that clients of Silicon Valley Bank (SVB) and Signature Bank (SBNY) can access their funds during normal banking hours on Monday, March 13, 2023. The FDIC stated that both banks’ deposits were made whole under the “systemic risk exception” approved by the U.S. Federal Reserve and […]