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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.

by Keshav Aggarwal
March 20, 2023
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Crypto News

Euler Hacker Seemingly Taking Their Chances, Sends Funds to Crypto Mixer

Just hours after a $1 million bounty was posted to find the hacker responsible for the $196 million attack on Euler Finance, the.

by Oladapo Hapostle
March 16, 2023
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Crypto News

Can Circle [USDC] Turn Things Around With New Plan? All You Need to Know

Circle had its most difficult week of the year after USD Coin [USDC] lost its dollar peg. Although it has subsequently recovered, the.

by Oladapo Hapostle
March 16, 2023
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Bitcoin News

‘Textbook Perfect’ Bitcoin Price Pattern Sees $BTC Target $100,000, Crypto Analyst Says

Charles Edwards, a well-known cryptocurrency analyst and the founder of Capriole Investments, has identified a “textbook flawless” Bitcoin pricing pattern that indicates the.

by Oladapo Hapostle
March 16, 2023
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Crypto News

Circle USDC Rebounds From De-Pegging, but Stablecoin Observers See an Uncertain Future

Investors fled three days ago when Circle-issued USDC failed to keep its peg against the U.S. dollar. Messari data suggests Circle has taken.

by Oladapo Hapostle
March 16, 2023
0 Comments

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

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.