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US DoJ probes Terra’s former employees for answers
The United States Justice Department is delving into the mysterious collapse of TerraClassicUSD (USTC) stablecoin, which wreaked havoc on the Terra ecosystem, resulting in a staggering $40 billion wipeout last May. дальше »
2023-3-14 13:28 | |
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Burning USDC and Minting DAI Prove to Be Popular On-Chain Activities Amid SVB Collapse
Circle’s USDC stablecoin had nearly $3 billion in net redemptions since Friday, while the total supply of DAI increased by 1.2 billion tokens over the same time period. дальше »
2023-3-14 22:12 | |
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Ethereum: Shanghai withdrawals and recent updates for ETH holders
With Ethereum's Shanghai upgrade, the $28 billion worth of staked ether will start to become available in a few weeks. Due to the high yield, around 17.5 million ETH have been invested in self-The post Ethereum: Shanghai withdrawals and recent updates for ETH holders appeared first on AMBCrypto. дальше »
2023-3-13 20:00 | |
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Binance’s CZ announces BUSD recovery funds conversion to ‘native crypto’
Binance CEO has announced that the exchange will convert $1 billion Industry Recovery Initiative funds to native cryptos such as BTC, ETH, and BNB from BUSD. Binance co-founder and CEO, Changpeng “CZ” Zhao announced on March 13 that owing to… дальше »
2023-3-14 16:43 | |
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Decentralized exchange Uniswap hits record single-day volume
The decentralized exchange Uniswap announced on March 11 it had hit its highest daily volume ever — totaling $11.84 billion. The post Decentralized exchange Uniswap hits record single-day volume appeared first on CryptoSlate. дальше »
2023-3-13 11:55 | |
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$1 Billion Buying Pressure On Bitcoin, ETH, BNB Incoming, Binance Will Convert Recovery Fund
Bitcoin and the broader crypto market showed a strong recovery on Sunday afternoon (EST), although it was probably the most chaotic weekend in a long time. The crypto ecosystem lost another key banking partner. дальше »
2023-3-13 10:58 | |
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Uniswap, Curve Finance, SushiSwap make a killing amidst market uncertainty
The total DEX trading volume surged to a four-month high of $15.12 billion on 11 March. Total fees collected on Uniswap hit its highest value since 10 May. Decentralized exchanges (DEXes) reThe post Uniswap, Curve Finance, SushiSwap make a killing amidst market uncertainty appeared first on AMBCrypto. дальше »
2023-3-13 04:30 | |
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USDC Hits All-Time Low As Investors Pull Out Funds From The Stablecoin
USDC has been hit with a bearish wave following news of the collapse of Silicon Valley Bank on March 11. The stablecoin issuer Circle had revealed that it had $3. 3 billion in deposits with the defunct bank, contributing to uncertainty regarding USDC. дальше »
2023-3-13 14:39 | |
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Stablecoins rally as Circle announces it will cover all USDC redemptions 1:1
Quick Take On Saturday, March 11, Circle CEO Jeremy Allaire announced that Circle pledges to cover any shortfall in the assets backing USDC if it does not receive the entirety of a $3. 3 billion cash reserve held at Silicon Valley Bank. дальше »
2023-3-13 00:34 | |
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Circle will cover funds shortfall caused by Silicon Valley Bank collapse
Circle stated that it initiated to transfer of $3.3 billion funds remaining in SVB However, the transfer was not processed as of Friday and the could be processed on Monday The stablecoin isThe post Circle will cover funds shortfall caused by Silicon Valley Bank collapse appeared first on AMBCrypto. дальше »
2023-3-12 00:07 | |
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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 | |
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Global AUM of crypto ETPs rose to $28 billion in February: Fineqia
The cryptocurrency market is seeing yet another rough patch as prices fall amid negative sentiment around collapsed crypto-friendly banks Silvergate Bank and Silicon Valley Bank. But the declines being witnessed in March come after a slightly positive February where the total cryptocurrency market cap held above $1 trillion. дальше »
2023-3-11 13:37 | |
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USDC Issuer Circle Reveals It Couldn’t Withdraw $3.3 Billion From Silicon Valley Bank
Stablecoin issuer Circle disclosed late Friday that around $3. 3 billion of its $40 billion USDC reserves remained at Silicon Valley Bank. This comes after the high-tech lender’s share price dropped precipitously in response to a run on deposits by nervous consumers. дальше »
2023-3-11 13:22 | |
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USDC Market Cap Sheds $6B as Circle Reveals $3.3B Exposure to Silicon Valley Bank
The USDC stablecoin lost its $1 peg after its issuer Circle said it has $3.3 billion stuck in the embattled Silicon Valley Bank. The post USDC Market Cap Sheds $6B as Circle Reveals $3.3B Exposure to Silicon Valley Bank appeared first on BeInCrypto. дальше »
2023-3-11 12:12 | |
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Silicon Valley Bank leaves USDC bleeding- Will it impact Stablecoin market?
USDC's market cap fell from $43.56 billion to $38.9 billion, a drop of over 11%. As per Nansen, Circle burned $2.34 billion worth of USDC in the last 24 hours. USD Coin [USDC], lost its dollThe post Silicon Valley Bank leaves USDC bleeding- Will it impact Stablecoin market? appeared first on AMBCrypto. дальше »
2023-3-11 10:24 | |
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Circle says $3.3B of USDC reserves stuck at Silicon Valley Bank
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. дальше »
2023-3-11 09:46 | |
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PancakeSwap TVL Drops 12%, Did This Exchange Received A Lethal Blow?
PancakeSwap (CAKE), the leading multichain decentralized exchange (DEX) running on the Binance Smart Chain (BSC), has suffered a significant 12% drop in its total value locked (TVL) to $2. 4 billion. дальше »
2023-3-11 00:31 | |
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Crypto Wallets Withdraw $902M USDC From Centralized Exchanges in Past 24 Hours Amid SVB, Silvergate Shutdowns
$11.4 billion of USDC reserves are held in the form of cash at Reserve Banks, which include the two members of the Federal Reserve System. дальше »
2023-3-11 22:50 | |
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Biden Administration Seeks to End Crypto Tax Subsidies and Fix the Loophole
Coinspeaker Biden Administration Seeks to End Crypto Tax Subsidies and Fix the Loophole The Biden administration seeks to terminate the tax-loss harvesting strategy for crypto investors which would help the White House save $31 billion over a ten year period. дальше »
2023-3-13 13:09 | |
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40,000 BTC from US Government Seizures in Motion: What Could It Mean for Bitcoin?
The recent news that around 40,000 bitcoins worth circa $1 billion from wallets linked to US government law enforcement seizures have started to move again, according to the blockchain data provider Glassnode. дальше »
2023-3-9 14:22 | |
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President Biden’s Budget Blueprint Will Propose Changing the Tax Treatment of Cryptocurrency Transactions, Raising $24 Billion
Coinspeaker President Biden’s Budget Blueprint Will Propose Changing the Tax Treatment of Cryptocurrency Transactions, Raising $24 Billion The proposed Biden budget plan would close the current harvesting loophole on crypto tax losses, reducing wash sales trading. дальше »
2023-3-10 13:48 | |
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BNB coin price stumbles as Binance outflows hit $2.3 billion
Binance Coin (BNB/USD) price drifted lower amid rising outflows in Binance’s ecosystem dropped. The BNB coin dropped to a low of $290, which was the lowest level since February 13th of this year. дальше »
2023-3-11 10:45 | |
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BTC hovers around $22k, US Silk Road BTC address awakens
As of March 8, the price of bitcoin (BTC) is trading around $22,000, with a trading volume of $30.34 billion over the past 24 hours. дальше »
2023-3-9 17:30 | |
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MakerDAO proposes additional $750m investment in US bonds
MakerDAO is considering investing $750 million in US Treasurys to take advantage of the current yield environment, with the proposal expected to increase the ceiling to $1.25 billion. дальше »
2023-3-8 14:17 | |
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Binance.US Gets Green Light In Voyager Acquisition; SEC Snubbed
Binance. US has received approval to acquire the assets of Voyager Digital, a bankrupt crypto lender, in a deal valued at more than $1 billion. The acquisition will allow Binance. US to expand its services and strengthen its position in the competitive cryptocurrency market. дальше »
2023-3-8 12:49 | |
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MakerDAO Mulls Expanding US Treasury Bond Investments to $1.25B
DeFi powerhouse MakerDAO is mulling whether to expand its United States Treasury bond investments to $1.25 billion. The post MakerDAO Mulls Expanding US Treasury Bond Investments to $1.25B appeared first on BeInCrypto. дальше »
2023-3-8 10:00 | |
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New milestone for Tron [TRX], but will that really be enough
TRX completed 5 billion transactions and also outperformed others in terms of stablecoin market cap However, TVL declined and market indicators remained bearish TRON's latest announcement The post New milestone for Tron [TRX], but will that really be enough appeared first on AMBCrypto. дальше »
2023-3-8 05:30 | |
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Binance.US Can Move Ahead With Plan to Acquire Voyager Digital's Assets, Judge Rules
Binance should be allowed to buy assets of bankrupt crypto lender Voyager Digital in a deal worth over $1 billion, Michael Wiles, a bankruptcy judge in the Southern District of New York, ruled today дальше »
2023-3-8 01:06 | |
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The Top 10 Anime PFP NFT Projects
Unless you’ve been entirely disconnected from pop culture news for the past two years, you’ve likely heard about NFTs. They’ve gained so much popularity that, in 2021, nearly $41 billion worth of cryptocurrency was spent on the NFT marketplace, with that number since increasing with the help of Anime PFP NFTs. дальше »
2023-3-9 22:54 | |
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Research: Tether shines as leading stablecoin in evolving market
Following the FTX disaster in November, the stablecoin market has significantly changed, losing $12 billion in value. The post Research: Tether shines as leading stablecoin in evolving market appeared first on CryptoSlate. дальше »
2023-3-8 21:40 | |
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Binance’s latest PoR shows it has over $63 billion across 24 assets
Binance has added 11 additional tokens to its proof-of-reserves (PoR) report. The world’s leading cryptocurrency exchange said it has over $63 billion across 24 assets. The results have not been audited by any external accounting firm at the moment. дальше »
2023-3-8 19:14 | |
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Thailand offers tax breaks for companies issuing investment tokens: Reuters
Thailand’s government will offer tax breaks for companies issuing investment tokens. The government expects over $3 billion worth of investment token offerings over the next two years. The move could attract more cryptocurrency companies to Thailand. дальше »
2023-3-8 18:29 | |
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