Depegging of USDC and DAI Saves Borrowers $100 Million
Over the weekend, the depegging of two major stablecoins, USD Coin (USDC) and Dai (DAI),…More
Author: Blockchain News
Stargate Foundation advised against reissuing STG token
In March 2022, Alameda Research, the former cryptocurrency trading firm, purchased the entire STG auction…More
Euler Finance suffers $197M DeFi hack
Euler Finance, a DeFi lending protocol, suffered a flash loan attack on March 13, resulting…More
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,…More
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…More
Cryptocurrency Community Debates Fallout from Closure of Major American Banks
The closure of three major American banks that serve cryptocurrency firms has sent shockwaves through…More
Privacy blockchain platform Aztec to shut down Aztec Connect
Privacy blockchain platform Aztec has announced that it will be shutting down Aztec Connect, the…More
Bank of England halts Silicon Valley Bank UK branch operations
The Bank of England (BoE) has stopped the operations of Silicon Valley Bank’s United Kingdom…More
Future of Silicon Valley Bank May Put Trillions of Dollars at Risk
The potential collapse of Silicon Valley Bank (SVB) has caused alarm among regulators, investors, and…More
Circle’s USDC Reserve Exposure and Potential Risks
Circle is one of the largest issuers of stablecoins, with USDC being the second-largest stablecoin…More