DeFi Implications Following USDC Depeg
USDC broken its peg over the weekend revealing cracks within DeFi protocol assumptions. Which protocols were impacted the most and what is the go forward plan for DeFi? Continue reading…
$USDC Regains Its Peg After U.S. Treasury Department Says Depositers of SVB Will Be Made Whole
On Sunday (March 12), the crypto market had a great to reason to cheer after U.S. Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell,…
Garlinghouse: Some of Ripple’s Cash Is at SVB, but Firm’‘Remains in a Strong Financial Position’
On Sunday (March 12), just two days after Silicon Valley Bank (SVB) was closed by Californian regulators and placed under the control of the US Federal Deposit Insurance Corporation (FDIC), Ripple…
$SHIB: Public of Beta of Shiba Inu’s Layer 2 Blockchain ‘Shibarium’ Goes Live
The moment that the many fans of the highly popular meme-based cryptocurrency Shiba Inu ($SHIB) had been eagerly waiting for finally arrived yesterday (March 11). Here is what Binance Academy says about Shiba…
Ripple CTO Says Silicon Valley Bank Was ‘Insolvent’ Even Before the Bank Run Took Place
Recently, David Schwartz, CTO at FinTech firm Ripple, explained why he believes that Silicon Valley Bank (SVB) — which was closed by Californian regulators last Friday (March 10) and under…
Circle: ‘This Is a Time of Heightened Uncertainty for the USDC Economy’
Circle Internet Financial (“Circle”), the issuer of the dollar-backed stablecoin USD Coin (USDC), has provided important assurances that should help to calm holders of the coin and the crypto market…
Floki Inu Arrives in India, $FLOKI Now Available to Around 1.4 Billion People
On Friday (March 10), “the people’s crypto” was listed on WazirX, one of India’s largest and oldest crypto exchanges. The idea of creating this cryptocurrency was born on 25 June…
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