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Author: admin

This author has written 26527 articles

Crypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash

  • Post author:admin
  • Post published:March 17, 2023
  • Post category:Weekly overview

The collapse of FTX led to a similar exodus from centralized exchanges, as users worried they may lose access to funds during crises. The collapse of Silicon Valley Bank (SVB)…

Continue ReadingCrypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash

LinksDAO wins bid to buy its first golf course, says CEO

  • Post author:admin
  • Post published:March 17, 2023
  • Post category:Weekly overview

The successful bid comes a month after 88.6% of LinksDAO token holders voted in favor of putting in a “compelling offer” for the golf course in its governance vote. The…

Continue ReadingLinksDAO wins bid to buy its first golf course, says CEO

Chinese billionaire’s $1B fraud charges, Kwon’s $11M bet, Zhu Su and Islam: Asia Express

  • Post author:admin
  • Post published:March 17, 2023
  • Post category:Weekly overview

Chinese billionaire using crypto to fight communism charged over $1 billion fraud, Do Kwon’s $11M bet comes due, Zhu Su bonds with Islam. Our weekly roundup of news from East…

Continue ReadingChinese billionaire’s $1B fraud charges, Kwon’s $11M bet, Zhu Su and Islam: Asia Express

Collapse of Silvergate and Silicon Valley Bank represent a challenge for crypto

  • Post author:admin
  • Post published:March 17, 2023
  • Post category:Weekly overview

The fire lit by Silvergate Bank and Silicon Valley Bank will make it harder for crypto to find financial partners. The collapse of Silicon Valley Bank (SVB) and Silvergate Capital,…

Continue ReadingCollapse of Silvergate and Silicon Valley Bank represent a challenge for crypto

US lawmaker suggests Signature’s collapse was tied to instability of crypto

  • Post author:admin
  • Post published:March 17, 2023
  • Post category:Weekly overview

Senator Michael Bennet said crypto was not “even as stable as the marijuana industry,” questioning Signature Bank’s ability to service digital asset firms but not dispensaries. Michael Bennet, a United…

Continue ReadingUS lawmaker suggests Signature’s collapse was tied to instability of crypto

MakerDAO passes proposal for $750M increase in US Treasury investments

  • Post author:admin
  • Post published:March 17, 2023
  • Post category:Weekly overview

The emergency proposal increases MakerDAO’s holdings of United States bonds by 150%, aiming to diversify the Dai stablecoin’s collateral exposure. Lending protocol and stablecoin issuer MakerDAO passed a proposal on…

Continue ReadingMakerDAO passes proposal for $750M increase in US Treasury investments

Swiss Bankers Association proposes deposit tokens to develop digital economy

  • Post author:admin
  • Post published:March 17, 2023
  • Post category:Weekly overview

A deposit token is a concept that came out of Singapore’s Project Guardian last year, and it has already been touted by JPMorgan. The Swiss Bankers Association released a white…

Continue ReadingSwiss Bankers Association proposes deposit tokens to develop digital economy
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