The MakerDAO community has voted to enact an emergency governance proposal aimed at reinforcing DAI’s peg to the U.S. dollar. A new set of parameter...
Stablecoin issuer Circle can no longer count on Signature Bank’s “SigNet” for USDC settlements. In a series of tweets on Sunday, Circle CEO Jeremy Allaire...
Crypto exchange Coinbase disclosed a significant cash balance at Signature Bank, which has been shut down by U.S. regulators.In a tweet on Sunday, Coinbase...
New York-based Signature Bank has been shut down by regulators.A joint statement issued by the U.S. Treasury, Federal Reserve and the Federal Deposit Insurance...
Banking.This is one thing that crypto wanted to change right from the start.I mean think about the buzzwords + phrases:“Bank the unbanked”“Decentralized banking”“Banking for...
Meanwhile, Binance is not alone in considering a move into traditional finance; Kraken has also stated its intention to open a bank.Read more: Kraken...
Treasury Secretary Janet Yellen said Sunday that the federal government is not considering a bailout for Silicon Valley Bank, but is focused on addressing...