Coinbase, one of the leading cryptocurrency exchanges in the United States, recently extended a $3 billion credit facility to Circle Internet Financial, the issuer of the USDC stablecoin. The emergency…
According to a recent Twitter post by the Fedral Deposits Insuarance Company (FDIC) Flagsta bank which is a Michigan-based bank that has one of the largest residential mortgage servicers in…
Binance, one of the largest cryptocurrency exchanges in the world, has announced its intend to switch the remaining $1 billion funds from the Industry Recovery Initiative, which is currently in…
5) Curve DAO Token (CRV) -- 3.95% increase (7D)
Curve, which was introduced in January 2020 and has had substantial development in the second half of 2020, is now widely identified…
Circle's USDC, one of the largest stablecoins, experienced significant delays in processing transactions, causing concern among traders and investors alike. A note by Circle to various trading companies confirmed that…
Coinbase's announcement of a temporary pause on USDC stablecoin and US dollar conversions has sent shockwaves throughout the crypto industry. The pause came due to Silicon Valley Bank's (SVB) closure,…
The stunning downfall of Silicon Valley Bank (SVB) has reverberated across the cryptocurrency landscape, triggering a dramatic drop in prices and a surge in gas fees. As a result, Circle…
The crypto market has gone haywire following the closure of Silicon Valley Bank (SVB) on Friday, media reports said. USDC, the second largest stablecoin with about $42 billion outstanding, has…
Former traders from Jane Street and PIMCO have raised $15 million to create a new protocol for proof-of-solvency intended for use by centralized exchanges, stablecoin issuers, and other asset managers…
The highly publicised bankruptcies of Terra and FTX in 2022 caused a spillover into the crypto industry, which led to the loss of over $2 trillion value in total crypto market cap. Despite this, a…