SVB Collapse Shows the Rot in U.S. Banking and Dollars
Bank balances and money itself are effectively illusions. Reserve co-founder Nevin Freeman considers an alternative.
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Mar 17, 2023 at 3:15 p.m. UTC
Mar 17, 2023
Stablecoin
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The Banking Crisis Has Been Good for Stablecoin Experimentation
Sovryn, a Bitcoin DeFi protocol, announced a new dollar proxy as others look at alternative models for collateralizing stablecoins amid a banking system crisis.
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Mar 16, 2023 at 5:33 p.m. UTC
Mar 16, 2023
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Alameda-Linked Wallet Sent $100M in Stablecoins to Crypto Trading Firms After USDC Depeg
A wallet linked to the liquidators of the Alameda Research estate sent $100 million in stablecoins to crypto trading firms over the weekend. Over $47 million worth of USD coin...
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Mar 15, 2023 at 5:06 p.m. UTC
Mar 15, 2023
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Bitcoin Dominance Reaches 9-Month High
The bitcoin dominance rate has climbed amid increasing turbulence in crypto markets, and more lately as the price of bitcoin also reached a nine-month high.
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Mar 15, 2023 at 4:39 p.m. UTC
Mar 15, 2023
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Stablecoin Outlook Following Silicon Valley Bank Failure
The Circle-issued USDC stablecoin regained its dollar peg, recovering from the Silicon Valley Bank-induced chaos over the weekend that saw its price plummet to $0.90 on major...
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Mar 15, 2023 at 2:43 p.m. UTC
Mar 15, 2023
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Bitcoin Hovers Around $25K After Reaching Nine-Month High
Bitcoin (BTC) is hovering around $25,000 after reaching a nine-month high on Tuesday at about $26,500. The rise of the world’s largest cryptocurrency by market value came minu...
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Mar 15, 2023 at 2:28 p.m. UTC
Mar 15, 2023
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Russians Use Tether to Send Money to the West, Evading Sanctions and KYC – Transparency International
Russian banks may be cut off from the SWIFT international payments network but, despite wide-ranging international sanctions, money keeps flowing between Russia and the West....
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Mar 15, 2023 at 11:00 a.m. UTC
Mar 15, 2023
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Circle USDC Rebounds From Depegging, but Stablecoin Observers See an Uncertain Future
Nearly 4 billion USDC has been removed from the circulating supply since Friday with more USDC being burned than minted, data shows.
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Mar 15, 2023 at 12:40 a.m. UTC
Mar 15, 2023
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Decentralized Borrowing Protocol Liquity’s LQTY Token Soars Amid USDC Chaos
The price increase of LQTY comes amid heightened interest in stablecoins following the depegging of USD Coin and the shutdown of several crypto-friendly banks.
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Mar 14, 2023 at 6:11 p.m. UTC
Mar 14, 2023
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Silicon Valley Bank Collapse: Crypto Impact and What's Next
The abrupt collapse of the Silicon Valley Bank and Signature Bank prompted U.S. regulators to impose emergency measures to protect depositors. This comes on the heels of crypt...
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Mar 14, 2023 at 3:30 p.m. UTC
Mar 14, 2023