How and why do stablecoins depeg?
Discover the causes and mechanisms behind stablecoin depegging. Stablecoins are a type of cryptocurrency designed to have a stable value...
Month: March 2023
South Korea launches ‘Metaverse Fund’ to expedite domestic initiatives
With the help of the Metaverse Fund, South Korea will support the mergers and acquisitions of various firms from the...
Best Crypto Altcoins to Buy in March 2023 – Huge Potential
Although it may seem like a bad time to get into the crypto space, smart investors take advantage of this...
There’s no need to panic about the USDC depegging
Because of worries over the impending destabilization of USDC, a stablecoin backed by US dollars, the cryptocurrency sector is currently...
Over 100 VCs, investors voice solidarity with Silicon Valley Bank
Approximately 125 VCs and investors signed a statement supporting Silicon Valley Bank to limit the fallout of the bank’s collapse...
Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation
A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets...
Nigerian Central Bank Unveils Open Banking Guidelines
The Nigerian central bank recently said it had issued operational guidelines for open banking in Nigeria which are expected to...
Cryptocurrency Turnover Growing in Russia, Watchdog Reports to Putin
Use of cryptocurrencies is increasing in Russia, the head of the country’s financial watchdog has informed President Putin. The agency,...
Aavegotchi’s bonding curve closes precisely on the day DAI depreciates
On March 11, the organization completed the bonding curve setting the exchange rate between its namesake (GHST) and the DAI...
Arthur Hayes, co-founder of BitMEX, suggests a stablecoin based on Bitcoin
Stablecoins are being scrutinized by US regulators more and more, but the community keeps coming up with new suggestions for...
Circle finally assures investors that it will support USDC
The company that issuing USDC stablecoins, Circle, has stated that it will “fill any shortfall” brought on by the $3.3...
Bill Ackman warns US gov’t: Fix mistake in ‘48 hours’ or face ‘destruction’
Billionaire Bill Ackman said that SVB’s senior management made a “basic mistake” but should be fired. Billionaire Bill Ackman has...
Do Kwon had the right idea, banks are risk to fiat-backed stablecoins: CZ
Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of stablecoins. The...
Billionaire Warns of Imminent Bank Runs if Government Fails to Guarantee All SVB Deposits
Billionaire Bill Ackman has warned of “vast and profound” consequences of the U.S. government letting Silicon Valley Bank (SVB) fail...
Rich Dad Poor Dad Author Robert Kiyosaki Warns Another Bank Is Set to Crash
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that another bank is set to...
