Silicon Valley Bank down, USDC depegged, FTX billed $34M in Jan.: Hodler’s Digest, March 5-11
Bank run on Silicon Valley Bank, USDC depegged from U.S. dollar and FTX’s bankruptcy expenses…
Day: 11 March 2023
DeFi lender Tender.fi suffers exploit, white hat hacker returns funds
DeFi lending platform Tender.fi sees $1.59 million of assets drained by a white hat hacker…
Aave freezes stablecoin trading on Avalanche V3 as activity surges on CEXs
The trading freeze follows an analysis from DeFi’s risk manager firm Gauntlet Network considering different…
USDC slowly repegs on unconfirmed reports of SVB resolution
According to insiders, 50% of uninsured deposits will be paid out by next week. According…
SEC denies VanEck spot BTC trust product, commissioners see double standard
SEC Commissioners Mark Uyeda and Hester Peirce have issued a joint statement highlighting discrepancies they…
Circle’s exposure to US banks could top $9B
Circle’s reserves are held in a number of banks in the United States, including Silvergate,…
Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds
According to Circle, USDC liquidity operations will “resume as normal when banks open on Monday…
ATOM bulls watch closely as Cosmos interchain security prepares for March 15 launch
Cosmos governance has approved the v9-Lambda upgrade, including interchain security and possibly kicking off a…
Curve Finance trading volume reaches $7B historic high after USDC depeg
The USD Coin depeg led the DeFi protocol to experience a record-breaking daily trading volume…
Failed tech bank SVB held over $5B for prominent crypto VCs: Report
It is unclear how much assets custodied on behalf of crypto VCs are stuck in…
How to host a decentralized website
Explore decentralized web hosting and how it distributes data securely across a network of nodes….
Crypto whales suffer huge losses due to USDC depeg, SVB collapse
The depegging of the USDC stablecoin has affected other stablecoins, wreaking havoc on crypto projects…
USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity
On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have…
Biggest Movers: SOL Rebounds From 2-Month Low to Start the Weekend
Solana rebounded from a two-month low to start the weekend, as bulls reentered the market…
Central Bank of Bolivia Selling Dollars Directly to Citizens as Devaluation Fears Rise
The Central Bank of Bolivia is now selling dollars directly to citizens in order to…