According to an official statement published on March 22 by Circle, the company that is responsible for issuing the stablecoin known as USD Coin (USDC), the Twitter account of Dante…
Crypto exchange Coinbase reportedly offered a $3 billion credit line to Circle, the crypto company that issues the USD Coin (USDC) stablecoin, in an effort to bring the stablecoin back…
The maker (MKR) token dropped 26% in value within a week following the news of an emergency proposal to address the DeFi protocol’s $3.1 billion USDC exposure, raising concerns among…
At the height of USD Coin (USDC) panic — when news broke that much of its backing was stuck in recently-collapsed Silicon Valley Bank — Tron (TRX) founder Justin Sun…
Silicon Valley Bank (SVB) took center stage as reports revealed that the bank had shut down, sparking widespread panic. The crypto scene took a hit as well, compounding the already…
As crypto whales compete for assets after the USDC depeg, the daily trade volume on the DeFi protocol Curve Finance reached all-time highs on March 11, smashing previous records.
Since the collapse of…
MarketDAO’s stablecoin DAI recently experienced a recovery following a de-pegging event that saw the stablecoin drop from the $1 value to $0.88.
As the Silicon Valley Bank saga continues, the price…
MarketDAO’s stablecoin DAI recently experienced a recovery following a de-pegging event that saw the stablecoin drop from the $1 value to $0.88.
As the Silicon Valley Bank saga continues, the price…
Three crypto venture capital firms, Paradigm, Pantera Capital, and Andreessen Horowitz (a16z), may have over $5b tied up in Silicon Valley Bank (SVB).
Crypto venture funds used Silicon Valley Bank
Funds were…
Last week was mainly bearish as several macro events had a detrimental effect on the industry. Major developments, such as the voluntary liquidation of Silvergate and the crash of Silicon…