Vitalik Buterin-Named Wallet Sent 500 Ether to Mint RAI, Buy USDC Amid Depegging
Over the weekend, a wallet with the name Vitalik Buterin paid 500 ether, or just over $700,000, to create the less well-known RAI.
Crypto News
Bitcoin News
Bitcoin Price Explodes 10% In 24 Hours With A Breach Of The $24,000 Level
The Bitcoin price has risen in the last week as a result of the United States’ worsening banking crisis and the federal government’s.
Blockchain News
‘Desperate’ Stablecoin Investor Pays $2 Million for Just $0.05 in $USDT After $USDC and $DAI Depeg
In an on-chain deal, a “desperate” cryptocurrency investor paid well over $2 million to switch into $USDT from an investment that gave them.
Crypto News
State regulator takes control of Signature Bank, federal regulators guarantee deposits
In order “to protect depositors,” the New York Department of Financial Services seized the cryptocurrency-friendly Signature Bank, according to a statement made by.
Crypto News
Ripple CEO Assures ‘strong financial position’ Despite SVB Collapse
The company’s exposure to Silicon Valley Bank was discussed by Ripple CEO Brad Garlinghouse on Twitter on March 12. He also assured his.
Crypto News
Circle USDC operations will resume when U.S. banks open Monday: CEO Allaire
Circle The CEO of USDC, Jeremy Allaire, stated on Twitter that the organization’s reserves are “safe and secure,” and that liquidity activities will.
Blockchain News
Feds Shut Down Signature Bank, Say Signature and Silicon Valley Bank Depositors Will Be Made Whole
Silicon Valley Bank and Signature Bank depositors will receive their cash on Monday. The announcement was made by Federal Reserve (Feds) Chairman Jerome.
Crypto News
Biden Vows to Hold Those Responsible for SVB, Signature Collapse
President Joseph Biden has promised to hold Silicon Valley Bank (SVB) and Signature Bank’s failures accountable while ensuring Americans that their deposits are.
Blockchain News
USDC Bounces Back Toward $1 Peg after Fed Announcement
After assurance from CEO Jeremy Allaire that its reserves are secure and the company has new banking partners lined up for “banking open.
Crypto News
Decentralized Exchanges (DEX), Uniswap, Curve Finance, SushiSwap make a Killing Amidst Market Uncertainty
As the collapse of Silicon Valley Bank (SVB) caused FUD in the larger crypto market and depegged the USD Coin [USDC], decentralized exchanges.