Euler attack causes locked tokens, losses in 11 DeFi protocols, including Balancer
On March 8, Euler had over $311 million in crypto locked inside its smart contracts. Its total value locked has...
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Recent contagion was ‘TradFi to crypto’ and not vice versa — Circle policy director
“What happened over the last several days was a bit of an ironic black swan situation where the contagion was...
Bitcoin surges past $24,000 on CME launch of BTC event contracts
Bitcoin futures on CME have traded 550,000 contracts since inception. On Mar. 13, American derivatives marketplace CME announced the launch...
Bitcoin futures premium falls to lowest level in a year, triggering traders’ alerts
On March 12, Bitcoin futures traded 5.5% below regular spot exchanges, causing volatility in derivatives markets. The price of Bitcoin...
Silvergate and SVB bite the dust: Law Decoded, March 6–13.
Elizabeth Warren and Sherrod Brown didn’t miss a chance to attack the crypto industry after bank failures. Last week, another...
BlockFi in no immediate danger, despite Silicon Valley Bank exposure: Report
Christine Okike, a lawyer representing BlockFi at its bankruptcy hearing claimed that BlockFi is not in immediate danger and has...
US regulators shut down Signature Bank despite ‘no insolvency’: Report
"Regulators wanted to send a very strong anti-crypto message,” said former House of Representatives member and Signature Bank board member...
Shareholders file lawsuit against Silicon Valley Bank, alleging fraud: Report
The class-action suit was filed against Silicon Valley Bank, CEO Greg Becker and chief financial officer Daniel Beck. A group...
Coinbase disables trading for BUSD
Coinbase assured users that their BUSD funds would remain accessible and they could still withdraw funds at any time. United...
US bank bloodbath: Bitcoin hits $23.7K as BTC price analyst calls SVB dip ‘bear trap’
Bitcoin price is up nearly 20% in days as Wall Street opens to multiple bank stocks halted due to extreme...
Okcoin suspends USD deposits in wake of Signature Bank closure
U.S. dollar withdrawals on Okcoin are not affected by the suspension. According to a March 13 tweet by Okcoin CEO Hong...
State caps or federal regulation: What’s next for political crypto donations
The industry isn’t having the best of its moments now, but the topic of campaign donations in crypto remains a...
314M USDC sent to null address as redemptions begin: Report
The token is on the verge of restoring its 1:1 peg with the U.S. dollar after falling to a historic...
Silicon Valley Bank Has Collapsed: Which Crypto Companies Have Been Affected?
Silicon Valley Bank has failed, leading to many losses in the tech startup industry. The event has also impacted at...
Bitcoin price flash spikes to $50K on Binance after USD Coin peg snaps
The market frenzy that started with the Silicon Valley Bank collapse is pushing the BTC price higher, with some casualties...
