Crypto News

Ava Labs President John Wu Says One Catalyst Has Reinvigorated Bitcoin and Other Crypto Assets Amid Market Uptick

According to John Wu, president of Ava Labs, the cryptocurrency ecosystem is now more upbeat and energetic as a result of higher values.

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Blockchain News

Circle and BlockFi Questioned on Banking with SVB by Warren and AOC

Senator Elizabeth Warren and Representative Alexandria Ocasio-Cortez (AOC) addressed letters to Circle, BlockFi, and 12 other non-crypto tech firms on April 9 asking.

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Blockchain News

Stablecoins’ Market Capitalization Falls to Lowest Level in 18 Months, Data Shows

The total market value of stablecoins in the cryptocurrency space has declined by 1.35% to $133 billion, the lowest in 18 months, amid.

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Crypto News

‘How did this happen’ — Powell Says Fed Stumped Over the Collapse of SVB

The chairman of the United States Federal Reserve, Jerome Powell, has admitted that his regulator was caught off guard by the rapid collapse.

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Crypto News

‘Operation Choke Point 2.0’ May Have Contributed to SVB’s Collapse: Mulvaney

According to Donald Trump’s former acting White House chief of staff, Mick Mulvaney, if the US government truly implements “Operation Choke Point 2.0,”.

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Reviews

Is CZ Right in Saying That “Banks Are a Risk to Fiat-Backed Stablecoins”? Probably Not

Over the past week, the peg of USDC to USD came under strain, after Circle revealed that it had significant deposits in the.

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Crypto News

Crypto Banking Closures Will Make the US a More Difficult Place to Do Business

Three banks failed within a week. Three are crypto-related. Silvergate and Signature preferred crypto clients. SVB’s crisis is the biggest. It was the.

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Crypto News

Decentralized Exchange (DEX) Trading Volumes Surged Nearly 250% Amid USDC, Stablecoin Crisis

During the stablecoin crisis earlier this week, which saw the value of USDC, the second-largest stablecoin by market capitalization, drop to $0.87 before.

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Crypto News

DOJ and SEC to Probe SVB Collapse and Insider Stock sales: Report

According to recent reports, both the United States Justice Department (DOJ) and the Securities and Exchange Commission (SEC) have begun looking into the.

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Crypto News

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.

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