CZ Warns Traditional Banks Are a Threat to Stablecoins After USDC Depegging
Circle’s USD Coin (USDC) depegged due to SVB not processing a $3.3B withdrawal. Binance CEO warns traditional banks pose a risk to stablecoins.
Circle’s USD Coin (USDC) depegged due to SVB not processing a $3.3B withdrawal. Binance CEO warns traditional banks pose a risk to stablecoins.
Circle remains confident that it will be able to get what was stuck at Silicon Valley Bank once operations resume on Monday.
Recent bank failures impact the cryptocurrency market as DAI hits all-time low, traders concerned about Circle’s exposure. Uncertain future for stablecoins.
The collapse of Silicon Valley Bank has sparked controversy in the crypto market as Circle’s USD Coin reserves were exposed. Investors are concerned.
This classic indicator may suggest that BTC’s much-awaited rally may come earlier than expected. Read more here.
Meta’s new text-based content app P92 enters the decentralized social media space, supporting ActivityPub.
The CEO of Binance woke up to highlight today’s major industry concerns and drops some crypto hope.
Hedera Hashgraph discloses security breach resulting in theft of liquidity pool tokens. Measures taken to prevent future breaches & improve security.
The crypto Twitter space was invaded by dozens of fake CryptoGPT accounts who faked giveaways. Read CryptoNewsLand
The United States is assembling a crypto team to place relevant regulations for the crypto industry. Read CNL
US Congressman warns that CBDCs could lead to surveillance of citizens and unpopular political activities, sparking debate in Washington.
Alameda Research sells stake in Sequoia Capital to Abu Dhabi sovereign wealth fund for $45M in cash as part of FTX’s bankruptcy case.