‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion
Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDI...
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Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDI...
The trading freeze follows an analysis from DeFi’s risk manager firm Gauntlet Network considering different scenarios for the USD...
It’s been revealed the fact that the US Dept just appealed the court of decision that approved a massive amount of money. Check ou...
According to insiders, 50% of uninsured deposits will be paid out by next week.
On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident t...
The DeFi protocol experienced record-breaking daily trading volume after the USDC depeg as crypto whales fight for assets.
Explore decentralized web hosting and how it distributes data securely across a network of nodes.
The depegging of the USDC stablecoin has affected other stablecoins, wreaking havoc on crypto projects and stakeholders in a massi...
On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity. The sec...
The USD Coin (USDC) stablecoin has distanced away from its intended $1 peg following the revelation that Circle has exposure to th...
The DAI stablecoin supported the price of GHST for over two years.
Circle says $3.3 billion of the cash reserves backing USDC remain at shuttered Silicon Valley Bank. USDC, DAI, and USDD have all d...
“Proposal(s) implementing the above changes are expected to be posted in the next ~12 hours or less,” says MakerDAO.
By developing various on-chain products and services, Coinbase is hoping to get users onto its new Base roll-up and scoop up more...
The Ministry of Science and ICT of South Korea has approved investments of $51 million in various metaverse projects, doubling dow...
Ethical hacking is the practice of identifying and testing vulnerabilities in a system to improve its security and prevent unautho...
Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the U.S. dollar.
Bankrupt crypto lender BlockFi has $227 million in uninsured funds stuck in an account maintained by failed lender Silicon Valley...
According to local reports, Nigerian financial institutions have begun abiding by a Supreme Court ruling that invalidated the Cent...