Cryptocoins News / The Cointelegraph - 2 years ago
Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse, but not considering a major bailout. United Sta...
Cryptocoins News / The Cointelegraph - 2 years ago
Discover the causes and mechanisms behind stablecoin depegs. Stablecoins are a type of cryptocurrency designed to have a stable value relative to a specific asset or...
Cryptocoins News / The Cointelegraph - 2 years ago
With the help of the Metaverse Fund, South Korea will support the mergers and acquisitions of various firms from the metaverse ecosystem. While some global economies g...
Cryptocoins News / The Cointelegraph - 2 years ago
Approximately 125 VCs and investors signed a statement supporting Silicon Valley Bank to limit the fallout of the bank’s collapse and the subsequent impact on tech companies....
Cryptocoins News / The Cointelegraph - 2 years ago
Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of stablecoins. The death spiral of the Terra eco...
Cryptocoins News / The Cointelegraph - 2 years ago
A petition urging regulators to step in claims that nearly 40,000 of all depositors at Silicon Valley Bank are small businesses. Federal Reserve and Federal Deposit In...
Cryptocoins News / The Cointelegraph - 2 years ago
Several U.K. venture capital firms have supported SVB UK, stating it is a “trusted” partner and plays a “pivotal” role in supporting startups. The Bank of England (BoE...
Cryptocoins News / The Cointelegraph - 2 years ago
Several USDC holders have fled to other stablecoins amid fears surrounding its solvency. Several USD Coin (USDC) holders have fled to other stablecoins since March 10...
Cryptocoins News / The Cointelegraph - 2 years ago
Bank run on Silicon Valley Bank, USDC depegged from U.S. dollar and FTX’s bankruptcy expenses hit $34 million in January. Top Stories This WeekSilicon Valley Bank shut...
Cryptocoins News / The Cointelegraph - 2 years ago
The trading freeze follows an analysis from DeFi's risk manager firm Gauntlet Network considering different scenarios for the USD Coin price. Lending protocol Aave ha...
Cryptocoins News / The Cointelegraph - 2 years ago
The trading freeze follows an analysis from DeFi’s risk manager firm Gauntlet Network considering different scenarios for the USD Coin price. Lending protocol Aave has...
Cryptocoins News / The Cointelegraph - 2 years ago
According to insiders, 50% of uninsured deposits will be paid out by next week. According to a post on March 11 by Bob Elliot, the chief investment officer of Unlimit...
Cryptocoins News / The Cointelegraph - 2 years ago
Cosmos governance has approved the v9-Lambda upgrade, including interchain security and possibly kicking off a “virtuous real yield cycle.” The Cosmos community has ap...
Cryptocoins News / The Cointelegraph - 2 years ago
The DeFi protocol experienced record-breaking daily trading volume after the USDC depeg as crypto whales fight for assets. Stablecoin swapping pool Curve Finance expe...
Cryptocoins News / The Cointelegraph - 2 years ago
It is unclear how much assets custodied on behalf of crypto VCs are stuck in Silicon Valley Bank. According to a report that began circulating on March 11 in the after...
Cryptocoins News / The Cointelegraph - 2 years ago
Explore decentralized web hosting and how it distributes data securely across a network of nodes. Decentralized websites rely on decentralized networks rather than cen...
Cryptocoins News / The Cointelegraph - 2 years ago
The depegging of the USDC stablecoin has affected other stablecoins, wreaking havoc on crypto projects and stakeholders in a massive chain reaction. In response to the...
Cryptocoins News / The Cointelegraph - 2 years ago
The Silicon Valley Bank collapse on March 10 has sparked fear, uncertainty and doubt across the crypto community. The Silicon Valley Bank (SVB) collapse on March 10 ha...
Cryptocoins News / The Cointelegraph - 2 years ago
The DAI stablecoin supported the price of GHST for over two years. According to play-to-earn nonfungible token (NFT) protocol Aavegotchi, on March 11, the entity close...
Cryptocoins News / The Cointelegraph - 2 years ago
Token incentive models may become obsolete as layer-2 networks focus on ease of functionality and low fees, but how will this impact decentralization? Layer-2 network...
Cryptocoins News / The Cointelegraph - 2 years ago
“Proposal(s) implementing the above changes are expected to be posted in the next ~12 hours or less,” says MakerDAO. According to a forum post from MakerDAO, the issue...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin recovers from the USDC’s depeg from the U.S. dollar. Bitcoin (BTC) refused to let $20,000 support die for good on March 11 as the weekend opened to a battle fo...
Cryptocoins News / The Cointelegraph - 2 years ago
Ethical hacking is the practice of identifying and testing vulnerabilities in a system to improve its security and prevent unauthorized access. Ethical hacking, also k...
Cryptocoins News / The Cointelegraph - 2 years ago
Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the U.S. dollar. The stablecoin ecosystem felt an immediate effect as USD Coin...
Cryptocoins News / The Cointelegraph - 2 years ago
While the crypto market responded with a massive sell-off, not all USDC investors were lucky enough to walk away with their funds amid the uncertainty. Soon after Circ...
