Do Kwon had the right idea, banks are risk to fiat-backed stablecoins: CZ
Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of stablecoins....
After a tragic shipwreck, no peace for the dead or living
Two weeks after a boat packed with migrants sank off the coast of southern Italy, there is still no peace for the living or the...
Pence says Trump ‘endangered my family’ on Jan. 6
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The former vice president just made his most blistering comments yet about ex-President Trump’s role in the January 6th attack on the Capitol
Former Vice President Mike Pence made his most blistering comments yet about former President Donald Trump’s role in the January 6th attack on the US...
Pence says ‘history will hold Donald Trump accountable’ for January 6th
Former Vice President Mike Pence made his most blistering comments yet about former President Donald Trump’s role in the January 6th attack on the US...
BTS agency HYBE ends takeover battle for K-pop pioneer SM Entertainment
BTS agency HYBE says it has called off a takeover bid for SM Entertainment, ending weeks of corporate mudslinging that has dominated headlines in South...
Eight of the top 10 stablecoins by market cap lost their $1 peg today, with Tether and Binance USD being the only two that held their peg during this turmoil
Some doing worse than others, but 8 of the top 10 stable coins are currently no longer worth $1 USD (I’ve excluded UST and TRIBE...
Last chance to buy USDC under $1.00 – we may never see these prices again
USDC depegged on Friday due to Fear, Uncertainty and Doubt (FUD) concerning circle and the USDC cash reserves it held in Silicon Valley Bank. USDC...
USDC Depeg / Circle Megathread
USDC / Circle has confirmed that they have exposure to Silicon Valley Bank which failed yesterday. Their exposure is disclosed at $3.3 Bn As a...
I’m afraid we have some bad news
USDC has lost it’s peg, this could be one of those black swan events that could collapse not only USDC, but crypto as a whole,...