Cryptocurrency

Several U.K. venture capital firms have shown support for SVB UK stating it is a “trusted” partner and plays a

Several USD Coin holders have fled to other stablecoins amid fears surrounding its solvency. Several USD Coin (USDC) holders have

Bank run on Silicon Valley Bank, USDC depegged from U.S. dollar and FTX’s bankruptcy expenses hit $34 million in January.

According to Circle, USDC liquidity operations will “resume as normal when banks open on Monday morning in the United States,”

The trading freeze follows an analysis from DeFi’s risk manager firm Gauntlet Network considering different scenarios for the USD Coin

According to insiders, 50% of uninsured deposits will be paid out by next week. According to a post on Mar.

Cosmos governance has approved the v9-Lambda upgrade, including interchain security and possibly kicking off a “virtuous real yield cycle.” The

The USD Coin depeg led the DeFi protocol to experience a record-breaking daily trading volume as crypto whales fight for

It is unclear how much assets custodied on behalf of crypto VCs are stuck in Silicon Valley Bank. According to

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