Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount
Several USD Coin holders have fled to other stablecoins amid fears surrounding its solvency.
Several USD Coin holders have fled to other stablecoins amid fears surrounding its solvency.
After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England…
Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the…
On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the…
Bank run on Silicon Valley Bank, USDC depegged from U.S. dollar and FTX’s bankruptcy expenses…
DeFi lending platform Tender.fi sees $1.59 million of assets drained by a white hat hacker…
The trading freeze follows an analysis from DeFi’s risk manager firm Gauntlet Network considering different…
According to insiders, 50% of uninsured deposits will be paid out by next week. According…
SEC Commissioners Mark Uyeda and Hester Peirce have issued a joint statement highlighting discrepancies they…
Circle’s reserves are held in a number of banks in the United States, including Silvergate,…
According to Circle, USDC liquidity operations will “resume as normal when banks open on Monday…
Cosmos governance has approved the v9-Lambda upgrade, including interchain security and possibly kicking off a…
The USD Coin depeg led the DeFi protocol to experience a record-breaking daily trading volume…
It is unclear how much assets custodied on behalf of crypto VCs are stuck in…
Explore decentralized web hosting and how it distributes data securely across a network of nodes….