The fifth largest cryptocurrency by market value lost its dollar peg after its issuer announced that it had around 8.25% of its $40 billion reserves locked in failed Silicon Valley Bank.
USDC has struggled to recover from the negative fallout a few weeks ago after Silicon Valley Bank’s (SVB) collapse. Investors have continued to withdraw their a
The crypto bridging service Multichain is coming under the microscope from Binance and other important outposts.
The service allows businesses to access multiple liquidity pools and trading features that include post-trade settlement.
The Treasury, Federal Reserve, and FDIC jointly announced that depositors would be made whole.
Jeremy Ng and Eugene Ng unveil their crypto startup OpenEden. The startup has launched an on-chain vault to offer exposure to tokenized Treasury Bills.
Stablecoin issuer Circle has appointed former Goldman Sachs executive Craig Broderick to its board of directors.
Circle has deployed USDC in the Polkadot ecosystem of parachains, further expanding the native availability of the dollar-backed stablecoin.
While it may be ironic, crypto prices rallied on news of government intervention in a banking crisis.
The cryptocurrency's dominance is strengthening alongside its price, which is up more than 80% year-to-date.
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
Interestingly, the price surge was on the back of increased activity from whales, as indicated by on-chain data. The increased activity led to an increased"/>
Recent market dynamics have seen Solana struggling to break above the $200 mark. A notable bearish factor among these market fundamentals is the recent"/>
DOGE, the internet's favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical"/>
The recent stratospheric rise of Bitcoin, reaching a new all-time high of $73,000, has sent ripples of excitement and trepidation through the crypto world."/>
Co-founder of Tornado Cash Roman Storm has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ)."/>
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7"/>
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
Mon,01 Apr 2024