Cryptocoins News / The Cointelegraph - 2 years ago
Bank run on Silicon Valley Bank, USDC depegged from U.S. dollar and FTX’s bankruptcy expenses hit $34 million in January. Top Stories This WeekSilicon Valley Bank shut...
Cryptocoins News / The Cointelegraph - 2 years ago
The trading freeze follows an analysis from DeFi's risk manager firm Gauntlet Network considering different scenarios for the USD Coin price. Lending protocol Aave ha...
Cryptocoins News / The Cointelegraph - 2 years ago
The trading freeze follows an analysis from DeFi’s risk manager firm Gauntlet Network considering different scenarios for the USD Coin price. Lending protocol Aave has...
Cryptocoins News / The Cointelegraph - 2 years ago
According to insiders, 50% of uninsured deposits will be paid out by next week. According to a post on March 11 by Bob Elliot, the chief investment officer of Unlimit...
Cryptocoins News / The Cointelegraph - 2 years ago
Cosmos governance has approved the v9-Lambda upgrade, including interchain security and possibly kicking off a “virtuous real yield cycle.” The Cosmos community has ap...
Cryptocoins News / The Cointelegraph - 2 years ago
The DeFi protocol experienced record-breaking daily trading volume after the USDC depeg as crypto whales fight for assets. Stablecoin swapping pool Curve Finance expe...
Cryptocoins News / The Cointelegraph - 2 years ago
It is unclear how much assets custodied on behalf of crypto VCs are stuck in Silicon Valley Bank. According to a report that began circulating on March 11 in the after...
Cryptocoins News / The Cointelegraph - 2 years ago
Explore decentralized web hosting and how it distributes data securely across a network of nodes. Decentralized websites rely on decentralized networks rather than cen...
Cryptocoins News / The Cointelegraph - 2 years ago
The depegging of the USDC stablecoin has affected other stablecoins, wreaking havoc on crypto projects and stakeholders in a massive chain reaction. In response to the...
Cryptocoins News / The Cointelegraph - 2 years ago
The Silicon Valley Bank collapse on March 10 has sparked fear, uncertainty and doubt across the crypto community. The Silicon Valley Bank (SVB) collapse on March 10 ha...
Cryptocoins News / The Cointelegraph - 2 years ago
The DAI stablecoin supported the price of GHST for over two years. According to play-to-earn nonfungible token (NFT) protocol Aavegotchi, on March 11, the entity close...
Cryptocoins News / The Cointelegraph - 2 years ago
Token incentive models may become obsolete as layer-2 networks focus on ease of functionality and low fees, but how will this impact decentralization? Layer-2 network...
Cryptocoins News / The Cointelegraph - 2 years ago
“Proposal(s) implementing the above changes are expected to be posted in the next ~12 hours or less,” says MakerDAO. According to a forum post from MakerDAO, the issue...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin recovers from the USDC’s depeg from the U.S. dollar. Bitcoin (BTC) refused to let $20,000 support die for good on March 11 as the weekend opened to a battle fo...
Cryptocoins News / The Cointelegraph - 2 years ago
Ethical hacking is the practice of identifying and testing vulnerabilities in a system to improve its security and prevent unauthorized access. Ethical hacking, also k...
Cryptocoins News / The Cointelegraph - 2 years ago
Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the U.S. dollar. The stablecoin ecosystem felt an immediate effect as USD Coin...
Cryptocoins News / The Cointelegraph - 2 years ago
While the crypto market responded with a massive sell-off, not all USDC investors were lucky enough to walk away with their funds amid the uncertainty. Soon after Circ...
Cryptocoins News / The Cointelegraph - 2 years ago
Contrasting Warren’s statements against crypto auditors, numerous members highlighted the ongoing collapse of Silicon Valley Bank (SVB), a Federal Deposit Insurance Corporation-insured ba...
Cryptocoins News / The Cointelegraph - 2 years ago
Despite the SEC looking to crack down on supposed unregistered securities offerings via staking rewards programs, Coinbase has outlined that its services will continue....
Cryptocoins News / The Cointelegraph - 2 years ago
At the time of writing, USDC had lost over 10% of its value as it traded at $0.8774, and a Circle executive envisions broader implications for business, banking and entrepreneurs without...
Cryptocoins News / The Cointelegraph - 2 years ago
Circle joined other customers and depositors in calling for the continuity of SVB in the U.S. economy. On March 10, Blockchain payment tech company and USD Coin (USDC)...
Cryptocoins News / The Cointelegraph - 2 years ago
BlockFi’s capital allocated to the money market mutual fund is not FDIC insured, however the fund doesn’t appear to be managed by Silicon Valley Bank. According to a...
Cryptocoins News / The Cointelegraph - 2 years ago
BlockFi’s capital allocated to the money market mutual fund is not FDIC insured; however, the fund doesn’t appear to be managed by Silicon Valley Bank. According to a...
Cryptocoins News / The Cointelegraph - 2 years ago
The crypto market is taking a walloping, and there are three important reasons why BTC’s $380 billion valuation is a crucial support for the entire market. Big round n...
Cryptocoins News / The Cointelegraph - 2 years ago
U.S. District Judge Lewis Kaplan expressed concern that SBF could find ways to evade the restrictions and covertly communicate with others electronically. On March 10,...
