This Crypto Sector Will Grow To $16 Trillion, Here’s How

bitcoinist.com The world of crypto assets has seen significant growth in recent years, with the total market capitalization reaching over $3 billion in November 2021. A new sector within…

US Crypto Crackdown Sees USDC Lose $10B, Tether Gain $9B

blockworks.co Tether stablecoin USDT is enjoying a near two-year high in market share amid heightened regulatory fears across crypto, after Circle’s USDC shed almost $10 billion. Since…

Has Bitcoin Benefited From the Banking Crisis? Not in the Way Its Fans Hoped

nytimes.com Has Bitcoin Benefited From the Banking Crisis? Not in the Way Its Fans Hoped. Bitcoin’s price has soared since banks failed this month, but there’s little evidence that the…

Moody’s Head of DeFi unpacks the risks of stablecoins and CBDCs

theblock.co Episode 31 of Season 5 of The Scoop was recorded at Paris Blockchain Week with The Block's Frank Chaparro and Moody's SVP and Head of DeFi and Digital Asset Analytics…

Circle’s USDC stablecoin sees market cap plunge $10 billion over past two weeks

theblock.co Circle’s USDC continues to see redemptions en masse as the stablecoin's market cap fell to about $32.5 billion, a decline of roughly $10 billion over the last two weeks. "It…

Analysis

washingtonpost.com Virtual-currency entrepreneurs are feeling the heat in the US after the spectacular collapse of FTX, the closure of several crypto-friendly banks and now a top regulator’s…

The Financial Crisis of 2023: Protecting Big Finance, Coming and Going

nakedcapitalism.com Yves here. Gerald Epstein, who has written regularly about bank regulation and the inadequacy of “reforms” since the 2008 financial crisis, weighs in with his take on the…

Forget the 'Twitter-fueled bank run.' SVB was doomed by a network of wealthy VCs warning founders to pull funds 'as fast as possible' in private, sources say

fortune.com Politicians called the dramatic collapse of Silicon Valley Bank the “first Twitter-fueled bank run.” But in the highly networked tech industry, public social media feeds…

USDC Outflow Surpasses $10 Billion, Are Investors Losing Interest In The Stablecoin?

bitcoinist.com Since the Silicon Valley Bank (SVB) fallout negatively impacted Circle’s USD coin (USDC), the stablecoin has recorded significant outflows. This massive withdrawal from USDC…

Cryptocurrency Outlook Picks Up Amid Bank Crisis; The Markets Lifting Bitcoin Price Might Surprise You

investors.com After a roller-coaster year filled with arrests, speculation, scams, bankruptcies and billions in value lost, cryptocurrency market experts could hardly wait for boring…

Injective launches layer-2 testnet for Solana-based apps in Cosmos

cointelegraph.com Developers may soon be able to port Solana Web3 apps to the Cosmos ecosystem, bringing new users to these apps and providing a greater variety of uses for Cosmos…

UNICEF hatches plan for a prototype DAO, following its crypto fund

theblock.co UNICEF, an agency of the United Nations that provides relief and humanitarian aid to children, is testing concepts for a decentralized autonomous organization (DAO). "Right…

First Mover Americas: Investors Dig Risk Again

coindesk.com This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every…

USDC Outflows Surge Past $10B, Tether Takes Market Share to 22-Month High

coinspeaker.com Coinspeaker USDC Outflows Surge Past $10B, Tether Takes Market Share to 22-Month High The collapse of the Silicon Valley Bank (SVB) earlier this month was a major blow to…

Over $18 Billion USDT Held In Binance, Bull Run Incoming?

newsbtc.com Nansen data on March 30 shows that over $18 billion of USDT is held on Binance, the world’s largest cryptocurrency exchange by user count and trading volumes. Binance…

Amid the Failures, Who Is Providing Banking Services to Crypto?

financemagnates.com p>The banking industry is facing instability, and in the US, problems became clearly visible when three crypto-friendly banks ran into trouble earlier this month. These…

USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High

coindesk.com Jenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon... Jenny will discuss developing crypto-linked…

Shiba Inu, Ether And VGX Tokens: What's Happening With Voyager's Crypto Assets?

benzinga.com Voyager Digital is beginning to cash out U.S. dollars received from the sale of Shiba Inu SHIB/USD, Ether ETH/USD, and the Voyager Token VGX/USD. The assets were sent to the…

Metadoro: Investors’ Fiddling While Rome Is Burning, Why Bitcoin Is Rising?

cryptopotato.com The major cryptocurrency is rising as Bitcoin prices surged above $28,000 per coin during the last week of March. This may look like fiddling while Rome is burning after the…

Voyager redeems $150M of USDC to fiat through Circle

cryptoslate.com Arkham Intel has reported that Voyager has initiated converting its USDC holdings into fiat currency by redeeming $150M via Circle’s service, also reporting that Coinbase…

Voyager Pockets $610 Million After Selling Shiba Inu & Ethereum

watcher.guru The Binance-Voyager deal has taken several twists and turns lately. Untethered, the bankrupt crypto lender was focused on selling off its assets and holding stablecoins…

Will the Launch of USDB Make Stablecoins Stable Again?

beincrypto.com USDB, a new Bitcoin-backed stablecoin, claims to be the fully decentralized, dollar-pegged, and reliable choice. Stabolut announced the launch of USDB in the private beta…

Stablecoins are solution to crypto’s banking problem, exec says

cointelegraph.com The collapses of banks like Silvergate have certainly impacted cryptocurrency exchanges but there are ways for the industry to survive without the support of banks, one…

Voyager Is Cashing Out Dollars From Selling Shiba Inu, ETH, VGX

bitcoinist.com As on-chain data shows, Voyager Digital has begun cashing out US dollars that have been flushed into the bankrupt crypto lender’s coffers through the sale of Shiba Inu…

Coinbase pitches “inflation-proof” flatcoins against struggling USDC

protos.com Coinbase wants to create more stablecoins to diversify away from its longtime favorite, the beleaguered USDC. The $16 billion crypto exchange has published its intent to…

Circle prefers reserves and payment rails with the Fed, says exec

cointelegraph.com Circle has been subject to discussion in the crypto industry since the depegging of its stablecoin (USDC) due to the collapse of Silicon Valley Bank (SVB) on March 10. Now…

USDC takes a gamble on Cosmos Hub: How did ATOM react

ambcrypto.com Circle announced the launch of USDC on Cosmos Hub. Circle’s USD Coin [USDC] was on the receiving end of a lot of volatility over the last few weeks due to the collapse of…

Here’s everything you need to know about crypto market structure right now, according to Evgeny Gaevoy

theblock.co Episode 30 of Season 5 of The Scoop was recorded at Paris Blockchain Week with The Block's Frank Chaparro & Larry Cermak, and Wintermute Founder & CEO Evgeny Gaevoy. Listen…

Cosmos Finally Gets Native Stablecoin With Impending USDC Launch

cryptodaily.co.uk Circle has announced that the USDC stablecoin will be launching in the Cosmos ecosystem through its partnership with the Noble network. The launch will make USDC available…

Voyager Received $610M USDC From Selling Shiba Inu, & Ethereum

thecryptobasic.com The bankrupt lender still holds 3.1 trillion Shiba Inu (SHIB) tokens and 39,113 Ethereum (ETH). Bankrupt crypto lender Voyager has received up to $610 million worth of USDC…

Circle Calls for Direct Holding of USDC Reserve by Federal Reserve

beincrypto.com Circle CFO Jeremy Fox-Geen published a post that discussed Circle’s aspirations to hold its cash reserves with the United States Federal Reserve. Currently, 20% of its USDC…

Signature Bank's Crypto Depositors Get April 5 Account Closure Deadline

financemagnates.com p>The Federal Deposit Insurance Corporation (FDIC) has asked cryptocurrency clients of collapsed Signature Bank to close their accounts by April 5 by finding another banking…

Noble Partners With Circle Financial to Integrate USDC on Cosmos Blockchain

bitcoin.com According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle…

Voyager sent $150 million of USDC to Circle to redeem for US dollars

theblock.co On-chain data show a new stage of Voyager Digital's effort to offload its crypto assets, as the shuttered exchange transferred $150 million in the USDC stablecoin to Centre,…

Circle announces USDC launch for Cosmos via Noble network

cointelegraph.com will soon be available in the Cosmos ecosystem via the Noble network (STAKE), according to a blog post from the Noble development team. The post was shared on Twitter by…

The Evolution of Stablecoins: From Tether to Central Bank Digital Currencies

financemagnates.com Since Bitcoin's beginnings in 2009, cryptocurrencies have gone a long way. While Bitcoin and other cryptocurrencies such as Ethereum and Litecoin have grown in popularity,…

Circle’s USDC to launch on Cosmos

cryptoslate.com Circle’s USDC, the second-largest stablecoin on the market, is set to launch on Cosmos. Circle first announced its intent to launch on Cosmos in September 2022, when it…

45% of stablecoin balance has left crypto exchanges in 4 months, but where has all the money gone?

coinjournal.net Key Takeaways $23.6 billion of stablecoins are currently on exchanges, the least since October 2021 45% of stablecoins have fled exchanges in the last four months 61% of…

Bitget Review 2023: The Exchange Continues To Stand Above Its..

cryptodaily.co.uk Copy trading has been one of the most reliable and trusted investment methods for the longest time, and there is no reason this trend should stop now that cryptocurrencies…

Circle Stablecoin USDC Launches On Cosmos

blockworks.co Shortly after coming out of stealth, token protocol Noble has announced it has partnered with Circle to bring USD Coin (USDC) natively to the Cosmos ecosystem. USDC is the…

Bitget Builds Leading Cryptocurrency Derivatives Exchange, Here's How: Bitget Review 2023

u.today Here's how Bitget changes the game in copy trading segment - and which major partnerships are set to accelerate its adoption Since its launch in 2018, cryptocurrency…

‘Flatcoin’ Builders Respond to Coinbase Call to Deploy on Layer-2 Network Base

decrypt.co Coinbase issued an open call to developers to experiment with a variety of unconventional DeFi applications on its layer-2 network Base. Selected teams will receive a grant…

MicroStrategy Pays $205 Million Silvergate Loan as US Banks Scramble to Keep Crypto Onshore

beincrypto.com Enterprise software developer MicroStrategy has paid off a $205 million loan to collapsed crypto bank Silvergate Bank. The Tyson’s Corner, Virginia, company voluntarily paid…

A friend in need: How the crypto industry reacts to recent bank bailouts

cointelegraph.com In its early days, crypto enthusiasm was fuelled by the promise to cut the rigged banking system out of the people’s basic need to exchange goods and funds. To some degree,…

German Dwpbank Launches New Platform to Offer Bitcoin Trading to Over 1,200 Affiliated Banks

coinspeaker.com Coinspeaker German Dwpbank Launches New Platform to Offer Bitcoin Trading to Over 1,200 Affiliated Banks Deutsche WertpapierService Bank (Dwpbank), has launched a new…

Nasdaq’s digital asset strategy revealed

theblock.co Episode 29 of Season 5 of The Scoop was recorded at Paris Blockchain Week with The Block's Frank Chaparro and Nasdaq VP, Global Head of Strategy Matt Savarese. Listen below,…

USDC woes far from over as market cap draws down- Is USDT leading

ambcrypto.com U SDC’s loss becomes USDT’s gains after market events in March. • None The tides are calm for now but there might still be more stablecoin risk ahead. Roughly two weeks have…

The Euler Finance Hacker Returns Almost All Of $197 Million Loot

zycrypto.com The Euler Finance hacker returned most of the funds they stole earlier this month in a $197 million flash loan exploit, which was dubbed the biggest decentralized finance…

Traders Dump USDC After Silicon Valley Bank and Silvergate Fail

thedefiant.io Markets Traders Dump USDC After Silicon Valley Bank and Silvergate Fail News Alpha Homora Offers $32M In ‘Seized’ User Assets To Iron Bank To Pay Down Debt Lido Launches…

Ethereum’s MEV-Boost Censorship Issues Are Getting Better

cryptobriefing.com Censorship risks over Ethereum’s block producing industry are melting away as OFAC compliant MEV-Boost relays keep building fewer and fewer blocks. Ethereum’s censorship…

MakerDAO Maintains Trust In USDC Despite Depeg Debacle MakerDAO Maintains Trust In USDC Despite Depeg Debacle

newsbtc.com MakerDAO, the governance community of the popular DeFi lending platform Maker, has decided to keep using USD coin (USDC) as the primary reserve asset for the DAI stablecoin.…

Tether aims for $700M profit in Q1 2023, CTO claims

cryptopolitan.com Tether chief technical officer Paolo Ardoino stated at Paris blockchain Week 2023 that the cryptocurrency company, which is the issuer of stablecoin, intends to achieve a…

Tether set to post $700m in profits for Q1 2023

crypto.news Tether, the company behind the most widely used stablecoin, USDT, has announced that it expects to report a profit of $700m for Q1 2023. According to Tether’s chief…

How Google is helping web3 startups focus on what they do best

theblock.co Episode 28 of Season 5 of The Scoop was recorded at Paris Blockchain Week with The Block's Frank Chaparro and Google Cloud's Web3 Head of Strategy Rich Widmann and Web3…