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DAI Depegs to Lifetime Lows as Stablecoin Rout Plagues Crypto

Sign up for Crypto for Advisors, our weekly newsletter defining crypto, digital assets and the future of finance.DISCLOSUREPlease note that our privacy policy,...

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USDC Issuer Circle Reveals It Couldn’t Withdraw $3.3 Billion From Silicon Valley Bank

Stablecoin issuer Circle disclosed late Friday that around $3.3 billion of its $40 billion USDC reserves remained at Silicon Valley Bank. This comes...

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U.S. Lawmakers Met With Fed, FDIC to Discuss Collapse of Silicon Valley Bank: Source

"I am alarmed by the failure of Silicon Valley Bank, which marks the second largest bank failure in U.S. history," she said in...

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USDC Stablecoin Depegs, Crypto Market Goes Haywire After Silicon Valley Bank Collapses

Crypto was born in the aftermath of – and, to some, in response to – the 2008 crisis. Satoshi Nakamoto's Bitcoin paper debuted...

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India Brings Crypto Transactions Under Prevention of Money Laundering Act – Regulation Bitcoin News

India’s finance ministry has announced that crypto transactions will be covered under the Prevention of Money Laundering Act, 2002 (PMLA). Noting that the...

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Who Failed Silicon Valley Bank Depositors?

Yes, SVB was tech-forward and, while not necessarily “crypto-friendly,” it did bank crypto hedge funds and VCs like Blockchain Capital, Castle Island Ventures,...

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Bitcoin Retests Realized Price, Will Rally Be Saved?

On-chain data shows the Bitcoin price is now making a retest of its realized price, can this help push the asset’s value back...

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How Silvergate’s Crypto Collapse Differed From Silicon Valley Bank’s: No Bailout

In the end, Silvergate Bank didn’t survive. But its executives were able to avoid taking government assistance. Silvergate Capital’s share price is down...

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