Bitcoin24h $80,191.15-2.80%

Ethereum24h $2,340.24-5.13%

BNB24h $717.60-2.44%

XRP24h $1.29-4.34%

Solana24h $101.43-3.44%

TRON24h $0.3294-1.12%

Hyperliquid24h $77.72-3.43%

Zcash24h $1,089.07-10.41%

Dogecoin24h $0.0791-4.42%

Monero24h $533.21-3.83%

First Republic Bank collapses, JP Morgan to take over ‘all deposits’

JP Morgan will assume insured and uninsured deposits totalling $92 billion, and $30 billion in securities from First Republic Bank.

Crypto Twitter responds to SEC chair’s stern warning to crypto firms

SEC chair Gary Gensler tweeted his most severe warning to crypto exchanges to date, but the SEC still can’t decide if ether is a security.

The most interesting reads, podcasts, charts, and opinions from the internet this weekend — curated for you by the Protos newsroom.

Although banks had minimal crypto exposure, panicked clients pulled out funds and sealed the fate of SVB, Silvergate, and Signature Bank.

BBC chairman Richard Sharp, also a crypto investor with ties to Russian oligarchs, will remain in his role until June.