In a significant move towards fostering innovation in the financial sector, the Central Bank of the United Arab Emirates (CBUAE) and the Reserve Bank of India (RBI) have signed a…
During the weekend, a wallet associated with the liquidators of the Alameda Research estate sent well over $100 million in stablecoins to Cumberland and GSR Markets.
Amid that first transfer,…
Binance CEO has announced that the exchange will convert $1 billion Industry Recovery Initiative funds to native cryptos such as BTC, ETH, and BNB from BUSD.
Binance co-founder and CEO, Changpeng…
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…
Circle’s USDC, the second-largest stablecoin with a market capitalization of $43b, has been hit by the collapse of Silicon Valley Bank (SVB).
On Friday, regulators in California placed the bank…
In the recent Unchained Podcast, “the block ghost of BitMEX”, Arthur Hayes said fiat-backed stablecoins like the USDC, USDT, and others pose a risk to the bonds market, and this…
By Mar. 11, USDC, a stablecoin, de-pegged, falling to as low as $0.89 during the Asian session, trackers reveal.
USDC de-pegs after Silicon Valley Bank folds
The de-pegging of the USDC, theoretically…
WeChat has joined the growing list of Chinese platforms supporting the country’s central bank digital currency (CBDC), the digital yuan (e-CNY). The move is expected to boost digital yan adoption…