MakerDAO files emergency proposal addressing 3.1B USDC exposure By Cointelegraph
[ad_1] © Reuters. According to a forum post from MakerDAO, the issuer of the U.S. dollar-pegged Dai (DAI) stablecoin, on March 11, the firm requested...
Gary Gensler: Is the SEC Chair Cryptocurrency’s Greatest Threat? By DailyCoin
[ad_1] © Reuters Gary Gensler: Is the SEC Chair Cryptocurrency’s Greatest Threat? Securities and Exchange Commission Chair Gary Gensler seems to have a personal vendetta...
How and why do stablecoins depeg? By Cointelegraph
[ad_1] Stablecoins are a type of cryptocurrency designed to have a stable value relative to a specific asset or a basket of assets, typically a...
Coinbase reiterates that staking services will continue, despite SEC crackdown By Cointelegraph
[ad_1] © Reuters Despite the recent crackdown by the United States Securities and Exchange Commission (SEC) on staking services offered by centralized providers, Coinbase (NASDAQ:)...
Circle Burns Nearly $650M, Recovers From Unprecedented Crash By CoinEdition
[ad_1] Circle Burns Nearly $650M, Recovers From Unprecedented Crash USDC price dropped significantly following the fall of Silicon Valley Bank (SIVB). The USDC stablecoin had...
Wall Street ends sharply lower, Treasury yields dip ahead of jobs report
NEW YORK, March 9 (Reuters) – Wall Street slid sharply on Thursday, pulled lower by bank stocks and jitters ahead of Friday’s employment report, while...
Over 100 VCs, investors voice solidarity with Silicon Valley Bank By Cointelegraph
[ad_1] As the 40-year-old banking institution, Silicon Valley Bank (SVB), winds down operations, numerous venture capitalists (VCs) and investors joined hands and decided to cushion...
Why recession odds just spiked after Powell addressed Congress
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET....
Morgan Creek Capital Pleads Government to Bail SVB; Says Analyst By CoinEdition
[ad_1] Morgan Creek Capital Pleads Government to Bail SVB; Says Analyst Mr. Whale tweeted that Morgan Creek Capital was a large depositor at SBV. The...
Recession Risk Looms Large as Bond Markets Price in Steeper Rate Hikes Globally
(Bloomberg) — Forget about interest-rate cuts. The bond market is now pricing in a steeper path for monetary tightening by central banks around the world,...