Search
Is This a Crypto Banking Bailout?
13.3.2023
As the wreckage that started inside crypto banking threatens financial institutions beyond the sector’s border, the federal government is eager to make it clear that it’s not going to let it get out of hand. But is it a bailout?
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
Crypto Fund Outflows Hit Record Weekly Level
13.3.2023
The outflows rose for a fifth consecutive week and come amid rising uncertainty about the future of digital assets
The Banking Crisis Is Not Crypto’s Fault
13.3.2023
Crypto might have a banking problem, but banks don’t have a crypto problem
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
Bitcoin Surges 18% to Above $24K
13.3.2023
The largest cryptocurrency by market cap was recently trading near $24,200
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
Bank Collapses Underscore G-20 Hesitance on Crypto: Source
13.3.2023
The recent collapses of crypto banks have only underscored the hesitancy of the Group of 20 (G-20) on crypto assets, a highly placed G-20 source said
Move-to-Earn Has a Ponzi Economics Problem
13.3.2023
Stepn is a cautionary tale for M2E startup founders like me. But I see a better model in Sweatcoin, which leveraged real-life utility to amass over 100 million users before going on-chain, writes Iomob CEO Boyd Cohen
Panic Mustn’t Be Allowed to Spread After SVB Collapse: EU Lawmaker
13.3.2023
Germany’s Markus Ferber said there needs to be a review of interest rate and sovereign bond exposures
President Biden Calls for Stronger Bank Regulations in Wake of SVB, Signature Bank Collapses
13.3.2023
The government on Sunday evening stepped in to guarantee no losses will be borne by the lenders' depositors
$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
BlockFi Has Cash Access for Staff, Vendors Despite SVB Collapse: Attorney
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