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Decentralized Exchange (DEX) Trading Volumes Surged Nearly 250% Amid Stablecoin Crisis

Decentralized exchanges (DEXs) have experienced a significant trading volume surge during the stablecoin crisis seen earlier in the week, which saw the value of...

Bitcoin Nears $25K as Interbank Funding Stress Indicator Surges to Highest Level Since COVID Crash

Bitcoin (BTC) rallied early Tuesday as a banking sector risk index rose, supporting a Fed rate hike halt. CoinDesk data show...

Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders

The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last...

Markets Recover After U.S. Regulators Backstop Deposits At Failed Banks

DeFi Heavyweights Maker, Synthetix and Lido Lead Sector Higher The crypto markets are rebounding after Circle, the company behind the USDC stablecoin, assured investors that...

Crypto Market Surge Leads to $320 Million in Liquidations

The price of the flagship cryptocurrency Bitcoin ($BTC) has over the last 24 hours surged significantly to surpass the $26,000 mark in a move...

Europe Mulls ‘Europeum’ Blockchain, a Regulatory-Compliant Network for Crypto Transactions

Advertisement &nbsp &nbsp The platform aims to use blockchain technology for public services and supply chain management. It is complementary to MiCA – a...

Silicon Valley Bank was the tip of a banking iceberg

Traditional financial institutions take deposits from customers and use them to make loans. But they loan out much more than what they have in...

Limitless: a look at the Fed’s mission creep

This past week’s bailout of depositors at Silicon Valley Bank will remain hotly debated, but one thing is likely: this latest expansion of the...

Crypto-friendly banks closure could pose a challenge for crypto companies

The closure of three major crypto-friendly banks in the US, Signature Bank, Silicon Valley Bank, and Silvergate Bank, has sent shockwaves across the digital...

Crypto Firms Report Funds Tied Up with Shuttered Signature Bank

On March 12, New York regulators and the United States Federal Deposit Insurance Corporation shut down Signature Bank, a crypto-friendly bank that had reportedly...

Circle USDC operations will resume when U.S. banks open Monday: CEO Allaire

Circle The CEO of USDC, Jeremy Allaire, stated on Twitter that the organization’s reserves are “safe and secure,” and that liquidity...

DeFi Lender Euler Suffers $200M Exploit

Code Bug Enabled Flash Loan Attack Euler, a lending protocol that held over $400M of user assets as of yesterday, has been exploited for nearly...

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