Coin Desk
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Euler DeFi Protocol Exploited for Nearly $185M
The losses occurred over four transactions in dai (DAI), wrapped bitcoin (WBTC), staked ether (sETH) and USDC.
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Smart Money Staying Put as USDC Remains Off-Peg
Data from Nansen shows that the total amount held by smart money wallets, and active addresses, are at multi-month lows.
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Bitcoin, Ether Retrace Weekend Losses As Bears See $183M in Short Liquidations
Markets jumped amid respite from the U.S. government and USD Coin-issuer Circle.
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Silicon Valley Bank Depositors Will Have Access to 'All' Funds Monday, Say Federal Regulators
In a joint statement, federal banking and finance regulators said depositors will be made whole.
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First Mover Asia: Silicon Valley Bank Failure Highlights Small Banks’ Vulnerability; Bitcoin Soars Past $22.5K
Since September 2021, the growth in cash assets in small bank balance sheets has turned negative.
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Circle Scrambles to Right USDC After Signature Bank Failure
Circle Internet Financial’s $3.3 billion cash reserves problem was seemingly solved Sunday when federal regulators promised that depositors of...
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USDC Volatility Lifts Bitcoin's Coinbase Premium to 3-Year High
Coinbase premium is usually taken to represent stronger buying pressure from stateside investors. But that's not the case this time.
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Yellen Says No to SVB Bailout, but Says Government Is Working to Help Depositors
Yellen sought to ease concerns that the bank’s collapse could lead to a domino effect.
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Traders Bet on USD Coin Rebound as USDC Falls to 90 Cents
Some $4 million in USDC futures were liquidated in the past 24 hours, Coinglass data shows.
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Bitcoin Regains $20K After $200M in Crypto Liquidations; Some Traders Brush Off USDC Fears
Some traders are signaling strength for USD Coin, citing its treasury backing in U.S.-issued bonds.
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DAI Depegs to Lifetime Lows as Stablecoin Rout Plagues Crypto
MakerDAO’s decentralized stablecoin hits an all-time low of 0.88 cents.
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USDC Stablecoin and Crypto Market Go Haywire After Silicon Valley Bank Collapses
USDC's normally stable price sank to $0.89 from $1 while Ethereum gas fees soared hours after the crypto-tied bank failed.
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Circle Confirms $3.3B of USDC's Cash Reserves Stuck at Failed Silicon Valley Bank
Silicon Valley Bank, one of the reserve banking partner for Circle's USDC stablecoin, was shut down by regulators on Friday.
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Scrutiny Falls on $43B USDC Stablecoin’s Cash Reserves at Failed Silicon Valley Bank
Circle’s USDC, the second largest stablecoin with $43 billion market capitalization, held an undisclosed part of its $9.8 billion cash reserves at...