Microsoft reportedly testing Edge browser web3 wallet integration
The supposed screenshots show a non-custodial crypto and NFT-friendly Microsoft Web3 wallet embedded into Edge. Microsoft is reportedly working on...
Day: March 17, 2023
DeFi sees its biggest hack in 2023 as Euler loses $197M: Finance Redefined
DeFi suffered its biggest attack this year with a flash loan attack on crypto lending platform Euler Finance and the...
USDC depeg will hinder stablecoins’ growth, increase regulatory scrutiny — Moody’s
“Financial institutions may reconsider adopting stablecoins to settle agreements involving tokenized securities out of concern over the coins’ potential volatility,”...
Did regulators intentionally cause a run on banks?
Silicon Valley Bank and Silvergate Bank were crucial to many in the cryptocurrency industry, and it’s fueling theories that regulators...
Real-world assets tokenization lacks infrastructure, not just regulation
Next-generation of securities, assets tokenization has been held back by lack of infrastructure, as well as regulatory standards worldwide according...
Protego’s conditional national bank status expired without approval: Report
In a week when the crypto industry — and the rest of the world — was beset by bad news...
Congress announces March 29 hearing into failures of SVB and Signature Bank
According to the House Financial Services Committee, it expects to hold multiple hearings on “getting to the bottom” of the...
FTX debtors report $11.6B in claims, $4.8B in assets with many crypto holdings ‘undetermined’
The presentation reported $25 million in donations — political and otherwise — from three of the FTX silos, but added...
‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change
At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 per...
Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation
During the past 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with most of the redemptions...
SVB Financial Group Files for Chapter 11 Bankruptcy Protection to ‘Preserve’ Firm’s Value
On March 17, 2023, SVB Financial Group, the parent company of Silicon Valley Bank, filed for Chapter 11 bankruptcy protection...
Binance replaces BUSD in SAFU Fund with TUSD & USDT
Binance assured its users that this change will not impact them in any way, and that their funds will continue...
What are buy and sell walls in crypto, and how can one identify them?
Whales can manipulate buy and sell orders because they can deploy excessive capital into the market. In cryptocurrency trading, a...
Coinbase is planning to set up crypto trading platform outside US: Report
The reported move came amid many U.S. lawmakers and regulators taking aim at crypto firms for their perceived role in...
Crypto Biz: SVB collapses, USDC depegs, Bitcoin still up
Turmoil in traditional finance spilled over into Bitcoin and crypto markets, forcing federal regulators to step in. Crypto investors should...
