Chubbi

FED And FDIC Are Considering Establishing A Fund To Guarantee Deposits For Failing Banks

Since Silicon Valley Bank failed, the FDIC and Federal Reserve are considering creating a fund to allow regulators to offer…

2 years ago

USDC Price Returned To 0.96 USD As Circle Addressed Collateral Asset Shortage

Circle's CEO Jeremy Allaire, the business behind stablecoin USDC, made the latest update concerning USDC's volatility yesterday and the direction…

2 years ago

KyberSwap User Swaps 2 Million USD But Only Received 0.05 USD In Return

Kyber Network's DeFi initiative, KyberSwap, admits that consumers had issues during transactions, resulting in significant losses.

2 years ago

A Giant Whale Has Sold 73.92 Million USDC, Resulting In A 6.14 Million US Dollar Loss

It has been reported that a whale with a value of 63.84 million USDT was traded for one with a…

2 years ago

Billions Of Dollars In Investment Capital Remain In The Silicon Valley Bank, az16 Is Included

Numerous investment firms in the cryptography industry, including a16z, Paradigm, Pantera, and others, have funds with Silicon Valley Bank.

2 years ago

Justin Sun’s Address Transfers 82 Million USDC From Aave V2 To DAI

According to Paidun's monitoring data, a new transaction using USDC was spotted on March 11.

2 years ago

Pantera Capital Is The Most Recent Investment In Silicon Valley Bank

Pantera Capital, a crypto-focused venture capital and investment firm, reportedly had assets with the now-defunct Silicon Valley Bank (SVB), according…

2 years ago

Coinbase’s USDC To USD Conversion Service Will Be Suspended, Intentions To Resume On Monday

Coinbase recently stated on their official Twitter that they would cease their USDC to USD conversion service.

2 years ago

Circle Revealed That It Had $3.3 Billion In USDC Collateral On Silicon Valley Bank

The stablecoin USDC is heavily pegged as a result of the Silicon Valley Bank lawsuit.

2 years ago

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