Cryptocoins News / The Cointelegraph - 1 year ago
The depegging of the USDC stablecoin has affected other stablecoins, wreaking havoc on crypto projects and stakeholders in a massive chain reaction. In response to the...
Cryptocoins News / The Cointelegraph - 1 year ago
The Silicon Valley Bank collapse on March 10 has sparked fear, uncertainty and doubt across the crypto community. The Silicon Valley Bank (SVB) collapse on March 10 ha...
Cryptocoins News / The Cointelegraph - 1 year ago
The DAI stablecoin supported the price of GHST for over two years. According to play-to-earn nonfungible token (NFT) protocol Aavegotchi, on March 11, the entity close...
Cryptocoins News / The Cointelegraph - 1 year ago
Token incentive models may become obsolete as layer-2 networks focus on ease of functionality and low fees, but how will this impact decentralization? Layer-2 network...
Cryptocoins News / The Cointelegraph - 1 year ago
“Proposal(s) implementing the above changes are expected to be posted in the next ~12 hours or less,” says MakerDAO. According to a forum post from MakerDAO, the issue...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin recovers from the USDC’s depeg from the U.S. dollar. Bitcoin (BTC) refused to let $20,000 support die for good on March 11 as the weekend opened to a battle fo...
Cryptocoins News / The Cointelegraph - 1 year ago
Ethical hacking is the practice of identifying and testing vulnerabilities in a system to improve its security and prevent unauthorized access. Ethical hacking, also k...
Cryptocoins News / The Cointelegraph - 1 year ago
Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the U.S. dollar. The stablecoin ecosystem felt an immediate effect as USD Coin...
Cryptocoins News / The Cointelegraph - 1 year ago
While the crypto market responded with a massive sell-off, not all USDC investors were lucky enough to walk away with their funds amid the uncertainty. Soon after Circ...
Cryptocoins News / The Cointelegraph - 1 year ago
Contrasting Warren’s statements against crypto auditors, numerous members highlighted the ongoing collapse of Silicon Valley Bank (SVB), a Federal Deposit Insurance Corporation-insured ba...
Cryptocoins News / The Cointelegraph - 1 year ago
Despite the SEC looking to crack down on supposed unregistered securities offerings via staking rewards programs, Coinbase has outlined that its services will continue....
Cryptocoins News / The Cointelegraph - 1 year ago
At the time of writing, USDC had lost over 10% of its value as it traded at $0.8774, and a Circle executive envisions broader implications for business, banking and entrepreneurs without...
Cryptocoins News / The Cointelegraph - 1 year ago
Circle joined other customers and depositors in calling for the continuity of SVB in the U.S. economy. On March 10, Blockchain payment tech company and USD Coin (USDC)...
Cryptocoins News / The Cointelegraph - 1 year ago
BlockFi’s capital allocated to the money market mutual fund is not FDIC insured, however the fund doesn’t appear to be managed by Silicon Valley Bank. According to a...
Cryptocoins News / The Cointelegraph - 1 year ago
BlockFi’s capital allocated to the money market mutual fund is not FDIC insured; however, the fund doesn’t appear to be managed by Silicon Valley Bank. According to a...
Cryptocoins News / The Cointelegraph - 1 year ago
The crypto market is taking a walloping, and there are three important reasons why BTC’s $380 billion valuation is a crucial support for the entire market. Big round n...
Cryptocoins News / The Cointelegraph - 1 year ago
U.S. District Judge Lewis Kaplan expressed concern that SBF could find ways to evade the restrictions and covertly communicate with others electronically. On March 10,...
Cryptocoins News / The Cointelegraph - 1 year ago
SEC Commissioners Mark Uyeda and Hester Peirce have issued a joint statement highlighting discrepancies they see in the application of standards to applicants for ETPs....
Cryptocoins News / The Cointelegraph - 1 year ago
The majority of the DeFi tokens in the top 100 traded in the red on the weekly charts due to a downturn in the broader financial market. Welcome to Finance Redefined,...
Cryptocoins News / The Cointelegraph - 1 year ago
Circle’s reserves are held in a number of banks in the United States, including Silvergate, Silicon Valley Bank and Bank of New York Mellon. USD Coin (USDC) issuer Cir...
Cryptocoins News / The Cointelegraph - 1 year ago
Ethereum's upcoming Shanghai upgrade will allow users to withdraw staked Ether (ETH), increasing the network's liquidity and competitiveness while also boosting its staking ratio closer to its competitors. The Shanghai upgrade is a hard fork...
Cryptocoins News / The Cointelegraph - 1 year ago
Negative headlines surrounding Silvergate dragged Bitcoin's price below $20,000. Meanwhile, bankrupt Alameda is planning to sue Grayscale and its parent company DCG. W...
Cryptocoins News / The Cointelegraph - 1 year ago
The plan intends to allow developers to recover tokens from certain Aave contracts and send them to owners who transferred them by mistake. Some Aave users who acciden...
Cryptocoins News / The Cointelegraph - 1 year ago
The bill, criticized by many conservatives, proposed amending the state’s Uniform Commercial Code to specifically exclude digital assets — with the possible exception of CBDCs....
Cryptocoins News / The Cointelegraph - 1 year ago
The February U.S. jobs report was a mixed bag, which seems to have provoked interest from a few bulls in BTC and altcoins. Bitcoin (BTC) led a sharp sell-off in the c...