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Your destination for news from CryptoPotato. See how CryptoPotato’s media bias impacts the breaking news stories of today.

In total, 2,582 have been published by CryptoPotato which Ground News has aggregated in the past 3 months.

The Ground News media bias check for CryptoPotato is unknown. Scores are assigned by aggregating bias scores from Ad Fontes Media, Media Bias/Fact Check, and All Sides.

CryptoPotato’s factuality rating is unknown. Ground News calculates this rating using a combination of the fact and reliability ratings from Ad Fontes Media and Media Bias/Fact Check.

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Top CryptoPotato News

SEC And DOJ Will Investigate Silicon Valley Bank’s Collapse, Report Says

Business · Washington

SEC And DOJ Will Investigate Silicon Valley Bank’s Collapse, Report Says

55% Center coverage: 124 sources

The Department of Justice and Securities and Exchange Commission will reportedly investigate the sudden failure of Silicon Valley Bank, which collapsed in dramatic fashion last week, the Wall Street Journal reported.See the Story

HSBC pays £1 to rescue UK arm of Silicon Valley Bank after all-night talks

Jeremy Hunt · London

HSBC pays £1 to rescue UK arm of Silicon Valley Bank after all-night talks

38% Center coverage: 70 sources

The U.K. government on Monday said that HSBC Holdings has acquired the British arm of troubled U.S. tech startup-focused Silicon Valley Bank, which failed on Friday. HSBC confirmed that its U.K. ring-fenced subsidiary, HSBC UK Bank, had agreed to acquire SVB U.K. for £1 ($1.21). The assets and liabilities of SVB U.K.’s parent company are excluded from the transaction.See the Story

Binance to convert $1 billion in stablecoin to bitcoin, Ether and other cryptocurrencies

Binance to convert $1 billion in stablecoin to bitcoin, Ether and other cryptocurrencies

100% Center coverage: 3 sources

Binance is converting $1 billion in the stablecoin Binance USD, or BUSD, into bitcoin, Ether and other cryptocurrencies. The crypto exchange launched its Industry Recovery Initiative in November after FTX, another crypto exchange, filed for bankruptcy. The move comes after the crypto industry faced another setback when regulators in the U.S. shut down crypto-focused Signature Bank.See the Story

Latest News Stories

Business · New York

Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action

62% Center coverage: 8 sources

Paxos officially announced that it would end its relationship with Binance for the branded USD-pegged stablecoin BUSD.

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Mastercard, Binance launching prepaid card in Brazil

100% Center coverage: 5 sources

Mastercard Inc and Binance said on Monday they are lauching a prepaid card in Brazil. The so-called Binance Card is currently in beta testing and should be widely available in the next few weeks. It will make Brazil the second country in Latin America to receive it after Argentina.

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Cryptocurrency Exchange

Dutch central bank fines cryptocurrency exchange Coinbase 3.3 mln euros

60% Center coverage: 5 sources

Dutch central bank fines U.S. cryptocurrency exchange 3.3 million euros. DNB says it failed to obtain correct registration in the Netherlands before offering services.Coinbase said it disagreed with the DNB's decision and was considering an appeal. The fine mirrors one handed to Coinbase rival Binance in July.

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Business · New York

Bankrupt crypto lender Genesis optimistic it can resolve creditor disputes

56% Center coverage: 9 sources

Genesis lawyer Sean O'Neal made the comments at a Jan. 23 initial hearing at the United States Bankruptcy Court for the Southern District of New York. He added Genesis had "some measure of confidence" it would resolve disputes with creditors by the end of the week. Genesis filed for Chapter 11 bankruptcy on Jan. 19.

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Business · New York

FTX sues Voyager Digital to claw back $446 million in 2022 loan payments

60% Center coverage: 10 sources

Bankrupt crypto exchange FTX sued crypto lender Voyager Digital on Monday, seeking to claw back $445.8 million in loan repayments that FTX made before collapsing into bankruptcy in November 2022.

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Business · New York

Crypto lender Genesis preparing to file for bankruptcy

55% Center coverage: 29 sources

Cryptocurrency lender Genesis Global Capital is planning to file for bankruptcy as soon as this week, Bloomberg News reported on Wednesday, citing people with knowledge of the situation.

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Crypto.com announces it will lay off 20% of workforce

67% Center coverage: 3 sources

Crypto.com announced layoffs Friday as the broader cryptocurrency industry reels following the collapse of FTX. The retail-focused exchange grew the be the third-largest cryptocurrency exchange by the size of employees. Co-founder Kris Marszalek said the company "grew ambitiously at the start of 2022"

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Business · New York

BlockFi to sell $160M in Bitcoin miner-backed loans: Report

Coverage: 2 sources

BlockFi has plans to sell off $160 million in loans backed by around 68,000 Bitcoin mining machines as part of bankruptcy proceedings. The crypto lender filed for Chapter 11 bankruptcy in Nov. 2022, citing its significant exposure to the now-defunct crypto exchange FTX for its downfall.

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