News

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

Silicon Valley Bank Executives Sold Up To 30% Of Their Shares Before The Collapse

The recent collapse of Silicon Valley Bank has sent shockwaves through the banking industry. In this article, we explore the…

2 years ago

USDC Traders Bet On Possible Rebound After Stablecoin Falls To All-time Lows Of 90 Cents

Traders are placing bets on a possible rebound for USD Coin (USDC) after the stablecoin fell below 90 cents on…

2 years ago

Crypto Markets Show Signs Of Stabilization After SVB Contagion Scare Causes Steep Fall

Bitcoin and Ether experienced a 4% rise in the past 24 hours, following a sharp decline on Friday caused by…

2 years ago

MakerDAO Proposes Changes To Protect Users From Centralized Stablecoin Crisis

The collapse of Silvergate and Silicon Valley Bank has thrown the banking industry into crisis, potentially impacting stablecoins. Proposed changes…

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

How Silvergate Collapse Impacted Crypto Investors?

The collapse of Silvergate, a renowned crypto-friendly bank, is set to have a significant impact on the crypto ecosystem and…

2 years ago

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