Silvergate, SBV collapse ‘definitely good’ for Bitcoin, Trezor exec says
While Signature’s Barney Frank referred to the recent events with SVB as an “anti-crypto message,” Trezor’s Josef Tetek says they are “definitely good” for Bitcoin.
Digital Fashion House DressX Raises $15 Million to Boost Virtual Wearables
Led by crypto investment firm Greenfield Capital, the Series A round will fund VR and AR integration across social and metaverse platforms.
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 relatively safe space for innovation.
Investor Mints $407.8M in USDC as Stablecoin Recovers Dollar Peg
Circle’s USDC is repegging after regulators intervened to protect deposits in the now-collapsed Silicon Valley Bank.
U.S. Treasury Janet Yellen working on SVB collapse, not at bailout: Report
Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse, but not considering a major bailout.
Circle To ‘Stand Behind’ USDC, Cover $3.3 Billion Shortfall Held in Silicon Valley Bank
Circle stated it would use corporate resources and «external capital if necessary» to ensure that USDC is redeemable for the US Dollar at a 1:1 ratio.
USDC Stablecoin Falls to 87 Cents After Circle Discloses Exposure to Silicon Valley Bank
Circle says $3.3 billion of the cash reserves backing USDC remain at shuttered Silicon Valley Bank. USDC, DAI, and USDD have all depegged from $1.
Ethereum layer-2 solutions may focus less on token incentives in the future
Token incentive models may become obsolete as layer-2 networks focus on ease of functionality and low fees, but how will this impact decentralization?
Next stop Shanghai — Ethereum’s latest milestone approaches
The Ethereum ecosystem is edging closer to its latest milestone as the Shanghai upgrade draws near.
Voyager Liquidates $56M in Ethereum, SHIB, and Other ERC-20 Tokens
On-chain analytics indicate that the now-bankrupt Voyager has been steadily selling various assets, including Ethereum and Shiba Inu.