USDC
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Regulation
Circle CEO Jeremy Allaire Warns Contagion Risks Not Completely Gone Following USDC Depeg
Circle CEO Jeremy Allaire believes that the risks to the banking system haven’t completely disappeared days after the US federal…
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Blockchain
MEV Rewards on Ethereum Reach All-Time High During SVB Bank Run and USDC Depeg
Blockchain Last Friday’s Silicon Valley Bank (SVB) collapse and subsequent contagion around what that means for the crypto industry drove…
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Altcoins
USDC depegging makes MakerDAO introduce new mechanism, more inside
MakerDAO has a new proposal to introduce a debt ceiling breaker. MKR has commenced a new bear run. In a…
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Analysis
Mysterious Shiba Inu (SHIB) Trader Nets Huge Profit Selling Ethereum (ETH) During USDC Depegging: On-Chain Data
A mysterious Shiba Inu (SHIB) trader pocketed millions of dollars in the wake of the USD Coin (USDC) depegging, according…
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DeFi
USDC depegged, but it’s not going to default
Over the past week, investors understandably became concerned over the news that billions of dollars backing USD Coin (USDC) —…
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314M USDC sent to null address as redemptions begin: Report
According to Web3 analytics platform Watchers, a total of 314.167 million USD Coin (USDC) was sent by its issuer, Circle,…
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Analysis
Crypto Platform Huobi Exchanged $100,000,000 USDC for DAI During Stablecoin Depegging Scare: On-Chain Data
Crypto exchange Huobi converted $100 million worth of USD Coin (USDC) to Dai (DAI) as uncertainty spread in the stablecoin…
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Regulation
USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank
Almost immediately after USD Coin (USDC) issuer Circle revealed it could not withdraw $3.3 billion of its $40 billion reserves…
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DeFi
Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount
Several USD Coin (USDC) holders have fled to other stablecoins since March 10 amid fears surrounding its solvency following the…
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DeFi
Curve Finance trading volume reaches $7B historic high after USDC depeg
Stablecoin swapping pool Curve Finance is experiencing the highest daily trading volume in its history, exceeding $7 billion in the…
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