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Binance, the largest known centralized cryptocurrency exchange, announced that it had converted the remaining $1 billion in the Industry Recover Initiative fund it...
Three venture capitals comprising Paradigm, Pantera Capital, and Andreessen Horowitz (a16z) allegedly have more than $5 billion in Silicon Valley Bank (SBV). Three...
When redemptions surpassed $4 billion on Tuesday night, over $2.2 billion worth of USDC stablecoin has been burned since the beginning of this...
S&P Dow Jones Indices is a company that provides solutions to help investors around the world identify, evaluate, and capitalize on investment opportunities....
Circle, one of the companies behind USDC, announced the strategies they are planning for the correction of the stablecoin’s decline. Circle Announces Enterprise...
Crypto exchange OKCoin temporary stopped USD deposits after Signature Bank’s collapse. The company also added that it is not affiliated with Silicon Valley...
The decline of centralized organizations has benefited their decentralized counterparts. Over the weekend, USDC saw significant trading volume across multiple decentralized exchanges. For...
With the bankruptcy of Silicon Valley Bank and Signature Bank in the US, a cloud hangs over the banking system. First Republic Bank...
The crisis in the United States banking system has had a profound impact on stablecoins in cryptocurrency markets such as USDC. What is...
Pi Network was created with the claim of enabling users to mine Pi Coins with just their mobile phones without using special hardware....
There was a fast recovery in Bitcoin price with the statement that depositors will be safeguarded at the Silicon Valley Bank and the...
The popular XRP Ledger wallet has received its first update in seven months with the release of Xumm 2.4.0 by XRPL Labs. Xumm...
There has been a mixed bag of events in the cryptocurrency community recently, including the collapse of FTX, the shutdown of Silicon Valley...
Signature Bank, a New York-based financial institution, has been shut down by the United States Federal Regulators. Signature Bank Shut Down by State...
According to the latest reports, positive developments regarding Circle’s $3.3 billion reserves held at Silicon Valley Bank and its new banking partners have...
Of the ten most traded stablecoins in the market after the Silicon Valley Bank crisis, only Tether can maintain its stable value. Tether...
Elon Musk jokingly criticized ChatGPT, a text-based artificial intelligence (AI) platform, tweeting, “What we need is TruthGPT”. Following this tweet a project of...
Singapore-based Techteryx, which issues ТrueUSD, informed that that issuance and redemption for users with Signature Bank will be suspended, but the rest of the banking network will...
Pantera Capital, a crypto-focused investment firm, reportedly has assets in the recently bankrupt Silicon Valley Bank. Pantera Capital Affected by Silicon Valley Bank...
Recently bankrupt crypto lender firm BlockFi was heavily affected by the collapse of Silicon Valley Bank. BlockFi Stuck $227 million at Silicon Valley...
A leading cryptocurrency exchange Huobi has announced the launch of USDC/USDT perpetual futures trading, giving users the ability to trade with high leverage...
ECSA, a Brazil-based stablecoin issuer, announced that it raised $3 million in a pre-seed funding round. ECSA Raises 3 million Funds ECSA, which...
It seems that Binance’s CEO Changpeng Zhao has some doubts about stablecoins backed by fiat money. Changpeng Zhao Says that Banks Represent a...
World-renowned businessperson Elon Musk said on Twitter that he is open to the idea of buying Silicon Valley Bank (SVB). Elon Musk May...
According to some sources, 50% of uninsured deposits will be paid by next week. USDC Reaches Its Stable Value Again Developments regarding stablecoins,...
The Rio crypto is the native token of the Realio Network, which has made a name for itself recently. The blockchain describes itself...
Aave is a lending protocol. Due to the depreciation of USDC as of yesterday, the protocol has made new decisions. In line with...
Gate Group, the company behind the globally recognized cryptocurrency exchange, has announced that it will issue a Visa crypto debit card! New Crypto...
Binance Turkey held a special webinar, “Together We Can Build a Better Tomorrow” on March 8. Meaningful Message from Binance Turkey on Women’s...
