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Tag: stablecoin

SVB’s collapse is a scammer’s dream: Don’t get caught out

How cybercriminals can exploit Silicon Valley Bank’s downfall for their own ends – and at your expense Big news events and major...

Bitcoin, Ether rise; relief for investors as major banks get liquidity lifeline

Bitcoin and Ether rallied by the end of Asian trading hours on Friday afternoon, together with all other top 10 non-stablecoin cryptocurrencies by market...

DUE TO BANK SHUTDOWNS? Highest Volume of Token Swaps Recorded on MetaMask For Past Week

Share some Bitpinas love:Subscribe to our newsletter!Editing and Additional Reporting by Nathaniel CajudayMetaMask Swap, a MetaMask feature that allows users to swap tokens at...

Cardano’s $ADA Sees Growing Institutional Investor and Whale Interest, on-Chain Data Shows

The Cardano ($ADA) network has been seeing increased interest from institutional investors and whales on its network, with the volume of large transactions exceeding...

Bitcoin, Ether, other crypto gain with equities amid global fund injections to support banks

Bitcoin rose in Friday morning trading in Asia to near the US$25,000 mark. Ether and the rest of the top 10 non-stablecoin cryptocurrencies also...

Who should be held responsible for the Silvergate Bank and SVB crises?

Over the span of just one week, two U.S. banks, Silvergate Bank and Silicon Valley Bank (SVB), have experienced one crisis after another. The...

Top startup news for Thursday, March 16, 2023: Circle, Google, Kraken, Microsoft, Poolz, and Climate Choice

Good evening! Below are some of the top tech startup news stories for Thursday, March 16, 2023. Microsoft unveils new AI office “Copilot” for Microsoft...

TrueUSD Moves $1B in Reserves To The Bahamas After U.S. Banking Failures

The company behind TrueUSD, the fifth-largest stablecoin, moved $1B of the company’s reserve assets to a Bahamas-based financial institution citing the tumultuous state of...

Meme Coin DigiToads Raises $200K in 5 days. Will it be More Rewarding Than Maker and ApeCoin?

Advertisement &nbsp &nbsp The world of cryptocurrency is alluring to many because of the potential for high returns. With suitable acquisitions, users can generate...

Circle says substantially all USDC minting, redemption backlogs are resolved after wild week

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...

Circle Claims to Have Cleared ‘Substantially’ All USDC Minting and Redemption Backlog

The USDC depeg caused significant turmoil in the market last week. The stablecoin issuer Circle claimed that it has cleared “substantially all of...

Sovryn Introduces Decentralized Bitcoin-Backed Sovryn Dollar To Combat Centralized Stablecoins

March 16, 2023 – London, United Kingdom Sovryn, the leading Bitcoin-based DeFi (decentralized finance) platform, launches the Sovryn Dollar (DLLR). The Sovryn Dollar introduces a new...

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