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Tag: stablecoin

Nigerian President-elect’s Manifesto Includes Blockchain and Crypto Regulations

Nigeria is one of the countries where cryptocurrency adoption is on the rise. In recent years, the country has seen a surge in crypto...

USDC Tumbles to $0.93 as Circle Reveals $3.3 Billion Held at SVB, Tether and Binance Not Exposed

Following the second-largest bank collapse in American history on Friday, market participants are worried about which firms might be caught up in the...

Coinbase, Binance Suspend USDC Conversions as Dollar Peg Wobbles

Top cryptocurrency exchanges Binance and Coinbase both said on Friday night that they would temporarily suspend USDC conversions as the contagion from the collapse...

News Bit: USDC Depegs From One Dollar

Share some Bitpinas love:Subscribe to our newsletter!What HappenedCircle Internet Financial’s USDC stablecoin, the second-largest stablecoin with a market cap of $42 billion, temporarily lost...

Podcast 418: Ralph Danglemaier of BlueSnap

The payments space continues to see innovation, probably more so than any other area of fintech today. Payments is a complex business, particularly...

AAVE DAO votes for ‘rescue plan’ to save lost tokens

Some AAVE users who accidentally sent tokens to the wrong address may soon be able to recover them, according to the text of a...

Scrutiny Falls on $43B USDC Stablecoin’s Cash Reserves at Failed Silicon Valley Bank

The full list of banks that held cash for Circle’s USDC are Bank of New York Mellon, Citizens Trust Bank, Customers Bank, New York...

Why Digital Asset Regulation Can Positively Impact Mass Adoption (Sean Salloux)

Following industry turbulence, governments in the US, UK, and Europe are proposing measures to protect digital asset owners from the threat of unregulated risk. The...

Top Stablecoins for Investors in 2023

Stablecoin Summary Stablecoins are important as a bridge between the traditional and crypto economy. For the crypto investor, they can offset the volatility of crypto, while...

How Silvergate Bank is Impacting Crypto

1. Bitcoin Daily Active Addresses Our thesis: Cryptocurrencies are like companies and active addresses are like customers, similar to active users of Facebook or active...

California Financial Regulator Shutters Silicon Valley Bank

After a tumultuous few days, in which Silicon Valley Bank's stock plummeted amid liquidity fears, the startup-centric bank has finally shut down.The California Department...

Bitcoin, Ether, Forkast 500 NFT index close lower on the day

Bitcoin and Ether tumbled during Asia trading hours on Friday afternoon, with Dogecoin leading losses among the top 10 largest non-stablecoin cryptocurrencies by market...

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