USDC depeg – Everything we know so far as contagion spreads from TradFi banking

What we know so far about the SVB collapse and USDC/DAI depeg (updated): Crypto firm Circle reveals $3.3 billion stuck in SVB DAI/USDC depeg as stablecoin pressure continues after Silicon Valley bank collapse Binance suspended USDC conversions due to volatile market conditions Coinbase suspended USDC conversions “over the weekend while banks are closed” SVB contagion: […] The post USDC depeg – Everything we know so far as contagion spreads from TradFi banking appeared first on CryptoSlate. дальше »

2023-3-11 16:10

Wave Labs reveals DAXA warning caused significant damage to WAVES token

Waves Labs has reported that Futures data revealed that a DAXA warning on December 8 did more harm to the WAVES token than the depegging of the USDN stablecoin “ever could.” The Open Interest (OI) on WAVES across various centralized exchanges (CEXs) dramatically increased, following an Upbit announcement to suspend WAVES token deposits on December […] The post Wave Labs reveals DAXA warning caused significant damage to WAVES token appeared first on CryptoSlate. дальше »

2022-12-21 00:00