For all the angst this week about how troubles in the crypto industry are fueling a banking crisis, the reality, so far, is actually something else: Of the two banks
Read MoreCurve’s 3pool is supposed to have equal parts USDC, DAI and USDT. The trio are becoming imbalanced amid fallout from Silicon Valley Bank’s collapse.
Read MoreA regulatory filing shows the shuttered bank as one of three custodians for Pantera’s funds.
Read MoreShould we point fingers at Silicon Valley Bank, the Federal Reserve, the banking system, crypto or the depositors themselves?
Read MoreCircle’s USDC, the second largest stablecoin with $43 billion market capitalization, held an undisclosed part of its $9.8 billion cash reserves at failed Silicon Valley Bank.
Read More$11.4 billion of USDC reserves are held in the form of cash at Reserve Banks, which include the two members of the Federal Reserve System.
Read MoreSilicon Valley Bank was shuttered by the California Department of Financial Protection and Innovation on Friday, marking the second bank to shut down within days. The startup-focused bank counted a
Read MoreTroubled DeFi stablecoin exchange mStable has been searching for a buyer after its founder announced he would leave at the end of March.
Read MoreSeparation-of-powers offers hope to the crypto industry, which is under attack from unchecked executive power. Two separate courtrooms in which judges, guided by an impartial legal framework, eschewed that popularist
Read MoreEvery U.S. bank is facing similar structural pressures to what drove crypto’s one-time favorite bank to the moon – then into the ground.
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