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Burning USDC and Minting DAI Prove to Be Popular On-Chain Activities Amid SVB Collapse
13.3.2023
Circle’s USDC stablecoin had nearly $3 billion in net redemptions since Friday, while the total supply of DAI increased by 1.2 billion tokens over the same time period
Binance GBP Funding On/Off-Ramp to be Suspended in May
13.3.2023
The change will affect less than 1% of Binance customers, the exchange says
MakerDAO Weighs Using Emergency Switch to Prevent Future DAI Depegging
13.3.2023
The community proposal comes just days after DAI followed its fellow stablecoin USDC in slipping beneath the one-dollar mark
Silicon Valley Bank's Parent Looking at Strategic Alternatives
13.3.2023
The SVB Financial Group appointed a restructuring committee for its venture capital and investment banking arm
Three Arrows Capital Co-Founder Kyle Davies: No Pending Lawsuits or Regulatory Action
13.3.2023
Kyle Davies, co-founder of defunct hedge fund Three Arrows Capital, has claimed he has no pending lawsuits or regulatory action following the collapse of the fund last year
DYdX Passes Vote to Reduce Trading Rewards by 45%, Sending Token Up 29.89%
13.3.2023
DYDX token, the native token of the decentralized exchange of the same name, has surged by 26.88% on Monday after a governance vote had been passed to reduce trading rewards by 45%
Bitcoin Miner Stocks Surge Amidst Banking Meltdown
13.3.2023
Mining equities were up about 17% on average, along with the price of bitcoin
Coinbase Officially Suspends Binance USD Stablecoin Trading
13.3.2023
Cryptocurrency exchange Coinbase (COIN) has delisted the Binance USD (BUSD) stablecoin, according to a tweet on Monday
$70M in Fresh On-Chain USDC Positions at Risk of Liquidation if Stablecoin Depegs by 10%
13.3.2023
Traders using decentralized finance (DeFi) protocols to bet on a USDC revival over the weekend are at risk of eight-figure liquidations if the stablecoin loses its $1 peg again this week
Crypto Payments Specialist Stellar Bridges Fiat and Stablecoins to Polkadot
13.3.2023
Bitcoin Miner Marathon Says It Still Has Access to $142M at Signature Bank
13.3.2023
Marathon terminated a credit facility with Silvergate last week
USDC Stablecoin Regains Dollar Peg After Silicon Valley Bank-Induced Chaos
13.3.2023
The Circle-issued USDC stablecoin regained its peg to the U.S. dollar after falling below the $1 value it was supposed to hold late Friday hours after Silicon Valley Bank was shuttered by state and federal regulators
Euler DeFi Protocol Exploited for Nearly $185M
13.3.2023
The losses occurred over four transactions in dai (DAI), wrapped bitcoin (WBTC), staked ether (sETH) and USDC
OKX-Affiliated OKCoin Pauses USD On-Ramp Due to Signature Bank’s Collapse
13.3.2023
OkCoin CEO Hong Fang tweeted that customer deposits are safe and USD withdrawals are not affected
Smart Money Staying Put as USDC Remains Off-Peg
13.3.2023
Data from Nansen shows that the total amount held by smart money wallets, and active addresses, are at multi-month lows
HSBC Subsidiary to Acquire Silicon Valley Bank's U.K. Unit for 1 Pound
13.3.2023
The bank said the deal is a move to strengthen it's regional presence
Bruno Casino: Play Online Slot Games (Free Or Real Money) 2023
13.3.2023
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TrueUSD Says ‘Small Number’ of Users Impacted by Signature Bank Closure
13.3.2023
Stablecoin issuer says USD funds held at Signature bank now fully backstopped by Fed
TrueUSD Says ‘Small Number’ of Users Impacted by Signature Bank Closure
13.3.2023
Stablecoin issuer says USD funds held at Signature bank now fully backstopped by Fed
Ripple Had ‘Some Exposure’ to Silicon Valley Bank, Says CEO
12.3.2023
Ripple, best known for its connection to XRP, kept some capital at the failed Silicon Valley Bank