MakerDAO’s community has voted to keep USDC as the main reserve asset despite the depegging event earlier this month. DeFi giant MakerDAO’s community...
Terraform Labs founder Do Kwon has been arrested in Montenegro after attempting to leave the country with falsified documents. Terraform Labs founder Do...
Major cryptocurrency exchange Kraken is experiencing difficulties with the withdrawal and deposit channel related to the automated clearing house (ACH) via Silvergate.Kraken has reportedly...
In its latest report, Moody’s Investors Service has warned that the recent instability in the traditional banking sector could have a negative impact on...
Silicon Valley Bank’s (SVB) high-profile implosion last week whipped up a frenzy of decentralized finance (DeFi) transactions, according to market intelligence platform DappRadar.
DappRadar notes...
The stablecoin market has seen significant changes over the past few weeks — including the removal of over 7 billion USDC stablecoins from circulation...
After the weekend’s depegging of the stablecoin, Circle, which issues USDC, has declared that substantially all the minting and redemption backlogs have been resolved.The...
Following the closure of Silicon Valley Bank (SVB), the value of the world’s fifth-largest cryptocurrency, USD Coin (USDC), plummeted to an all-time low on...
This week’s on-chain data report by the analytics company Glassnode looks into three major events — the depegging of the USDC stablecoin, net capital...
