USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank
At the time of writing, USDC lost 3% of its value as it traded at...
Circle discloses $3.3B tied up at Silicon Valley Bank
Circle joined other customers and depositors in calling for the continuity of SVB in the...
Filing shows BlockFi has uninsured $227M in Silicon Valley Bank MMMF
BlockFi’s capital allocated to the money market mutual fund is not FDIC insured, however the...
$920B is the number to watch now that crypto’s trillion dollar total market cap is gone
The crypto market is taking a walloping, and there are three important reasons why BTC’s...
Sam Bankman-Fried’s bail conditions still too lenient, says judge
U.S. district judge, Lewis Kaplan, expressed concern that Bankman-Fried could find ways to evade the...
SEC disapproves VanEck spot BTC trust product, commissioners see double standard
SEC Commissioners Mark Uyeda and Hester Peirce have issued a joint statement highlighting discrepancies they...
Crypto funding shifts from CeFi to DeFi after major collapses: Finance Redefined
The majority of the DeFi tokens in the top 100 traded in the red on...
Circle’s exposure to U.S. banks could top $9B
Circle’s reserves are held in a number of banks in the United States, including Silvergate,...
Ethereum Shanghai upgrade could benefit liquid staking providers and cement ETH’s layer-1 dominance
Ethereum’s Shanghai upgrade is set to unlock a trove of staked Ether and possibly benefit...
AAVE DAO votes for ‘rescue plan’ to save lost tokens
The plan intends to allow developers to recover tokens from certain AAVE contracts and send...