Cryptocoins News / EthereumWorldNews - 2 years ago
The collapse of Silicon Valley Bank has jolted the entire crypto industry.& USD Coin issuer Circle’s $3.3 billion exposure to the bank has caused the stablecoin to lose its peg.& USDC fell as low as $0.87 earlier today as holders rushed to r...
Cryptocoins News / The Cointelegraph - 2 years ago
It is unclear how much assets custodied on behalf of crypto VCs are stuck in Silicon Valley Bank. According to a report that began circulating on March 11 in the after...
Cryptocoins News / The Cointelegraph - 2 years ago
Explore decentralized web hosting and how it distributes data securely across a network of nodes. Decentralized websites rely on decentralized networks rather than cen...
Cryptocoins News / The Cointelegraph - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 / Blockchain - 2 years ago
The US Federal Reserve is planning to establish a specialized team of experts to keep up with developments in the cryptocurrency industry, specifically focusing on stablecoins. The move comes amid concerns that unregulated stablecoins could put house...
Cryptocoins News / Blockchain - 2 years ago
Hedera Hashgraph has confirmed a smart contract exploit on its mainnet, resulting in the theft of liquidity pool tokens from decentralized exchanges (DEXs) that use code derived from Uniswap v2 on Ethereum. The suspicious activity was detected when t...
Cryptocoins News / Blockchain - 2 years ago
The DOJ has filed an appeal against the approval of Voyager Digital's Chapter 11 bankruptcy plan, which would have allowed the company to sell assets to Binance.US. While U.S. bankruptcy judge Michael Wiles approved the plan, the SEC and other regula...
Cryptocoins News / Blockchain - 2 years ago
ParagonCoin, a crypto startup backed by rapper The Game, had its license revoked by the SEC for violating securities laws by failing to file periodic reports. The startup had held a $70 million initial coin offering in 2017, and in 2021, was found li...
Cryptocoins News / The Cointelegraph - 2 years 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 / Blockchain - 2 years ago
Thailand's SEC is seeking public comments on a draft regulation that would ban virtual asset service providers from offering or engaging in any crypto staking or lending activities. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Meta, the parent company of Facebook and Instagram, is reportedly creating a new text-based content app called P92 that will support ActivityPub, the decentralized social networking protocol used by Mastodon and other decentralized apps. The app will...
Cryptocoins News / Blockchain - 2 years ago
A federal judge in Florida is considering dismissing Shaquille O’Neal and Naomi Osaka from the FTX lawsuit due to uncertainty about whether they were served. The judge reprimanded other celebrity defendants for not following proper procedure in reque...
Cryptocoins News / Blockchain - 2 years ago
Despite recent market volatility, Cathie Wood’s investment manager ARK Invest has made a record purchase of Coinbase stock, along with significant investments in Robinhood. The move confirms ARK’s bullish sentiment towards the cryptocurrency industry...
Cryptocoins News / Blockchain - 2 years ago
Nigerian President-elect Bola Tinubu has released a manifesto proposing the implementation of blockchain technology and cryptocurrencies in Nigeria's banking and finance sector. The manifesto suggests reforming existing Nigerian Security Exchange Com...
Cryptocoins News / Blockchain - 2 years ago
Degen Zoo, an NFT game inspired by Logan Paul's controversial Crypto Zoo concept, has attracted massive interest, with over 115,000 wallets registering to join the game, pledging over $700 million. The game aims to raise awareness of the impact of ca...
Cryptocoins News / The Cointelegraph - 2 years 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 - 2 years 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 / CoinJournal - 2 years ago
Circle said it failed to remove $3.3 billion from Silicon Valley Bank. SVB is under FDIC receivership following its collapse. USDC depegged following the news, falling 8% to hit lows of $0.91 on Saturday morning. Circle, the blockchain payments com...
Cryptocoins News / The Cointelegraph - 2 years 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....
