Taipei, Taiwan, 13th March, 2023, Chainwire Bloxmith, the player-first Web3 gaming studio, today announced that the open beta for Raiders Rumble, its unique 1v1 squad battler game for mobile powered b...
Tag: Blockchain
米サークルがUSDC準備金の安全性について発表、シリコンバレー銀行破綻影響懸念受け
サークル、USDC準備金の安全性について発表 米ドルステーブルコイン「USD Coin（USDC）」を発行する米サークル（Circle Internet Financial）が、シリコンバレー銀行（Silicon Valley Bank:SVB）経営破綻に伴うUSDCの準備金不足分を企業リソースで補う予定のようだ。サークルが3月11日の声明にて発表した。 サークルは、USDCの準備金の約7.8%と...
DMM BitcoinとコインブックでIEO、「Nippon Idol Token（NIDT）」購入申し込み日が決定 | あたらしい経済
「Nippon Idol Token（NIDT）」購入申し込み日が決定 今春に国内でのIEO実施予定が発表されていた暗号資産（仮想通貨）「Nippon Idol Token（NIDT）」の購入申込が、3月29日19:00に開始することが決定した。「NIDT」発行元のオーバースが3月13日発表した。 「NIDT」のIEOは、国内暗号資産取引所のcoinbook（コインブック）...
Aave Freezes Stablecoin Trading Amid Price Volatility
Aave, a popular lending protocol in the decentralized finance (DeFi) space, has taken action to mitigate the impact of recent price volatility in the stablecoin market. On March 11, the price of USD C...
Circle Plans to Cover USDC Shortfall After SVB Shutdown
Circle, the issuer of the stablecoin USD Coin (USDC), has been forced to take action to cover a significant shortfall in its reserves after the closure of Silicon Valley Bank (SVB), one of the largest...
USDC Holders Panic Sell Amid Solvency Concerns
USD Coin (USDC), a popular stablecoin pegged to the U.S. dollar, has been facing solvency concerns since March 10, leading several holders to panic sell their holdings and switch to other stablecoins....
Bank of England halts Silicon Valley Bank UK branch operations
The Bank of England (BoE) has stopped the operations of Silicon Valley Bank’s United Kingdom branch (SVB U.K.), citing its limited presence and no critical functions supporting the financial system. O...
Future of Silicon Valley Bank May Put Trillions of Dollars at Risk
The potential collapse of Silicon Valley Bank (SVB) has caused alarm among regulators, investors, and depositors alike, with experts warning that the fallout could extend far beyond the tech bank itse...
Banks increase risks to stablecoins
The recent depegging of Circle’s USD Coin (USDC) caused a stir in the cryptocurrency market, with Binance CEO Changpeng “CZ” Zhao pointing fingers at traditional banks for their role...
Ackman Urges US Government to Guarantee SVB Deposits
Billionaire hedge fund manager Bill Ackman has warned the US government that failing to guarantee all deposits held by Silicon Valley Bank (SVB) within 48 hours could result in the destruction of seve...
How blockchain technology revolutionizes digital ownership?
Nonfungible tokens (NFTs) prove ownership by creating a unique digital certificate for a specific asset. A decentralized digital ledger that keeps track of all nonfungible token transactions and owner...
Investors Rally to Support Silicon Valley Bank Amidst Possible Closure
Silicon Valley Bank (SVB) has been a major player in the tech industry for over 40 years, providing banking and funding services to countless startups and established companies alike. However, recent ...
Yellen Works with Regulators to Address Silicon Valley Bank Collapse
On March 10, 2023, California’s financial watchdog shut down Silicon Valley Bank (SVB) following an announcement of a significant sale of assets and stocks to raise $2.25 billion in capital to s...
XRP Ledger Was First Blockchain With Stablecoins: Ex-Ripple Director
Gamza Khanzadaev Matt Hamilton breaks down how XRP Ledger came first with stablecoin solution and when it all got abstracted away Former director of developer relations at Ripple, Matt Hamilton, state...
First Block in the beating heart of the blockchain emerging market
Advertisement     Three Entrepreneurs with a combined 20 years of expertise in the blockchain sector to deliver a comprehensive range of Web3 services to clients. STOC...
US Fund & Venture Capital to Raise $100M for Two Blockchain Funds
1 A US-based digital asset fund and venture capital firm are teaming up to raise $100 million for two new blockchain-focused funds. 2 The funds will be used to invest in a range of blockchain-based te...
how Singapore-based blockchain project MinePlex…
Defamation cases against media outlets happen all over the world but the legal practice varies hugely. Apart from geographical differences, the industry also remains a factor. Projects in new fields l...
Circle’s USDC Reserve Exposure and Potential Risks
Circle is one of the largest issuers of stablecoins, with USDC being the second-largest stablecoin in circulation. As of January 31, 2022, the circulating supply of USDC was $42 billion. Stablecoins a...
South Dakota Governor Vetoes Bill Excluding Cryptocurrencies from State’s Definition of Money
South Dakota Governor Kristi Noem has vetoed House Bill 1193, which aimed to amend the state’s Uniform Commercial Code (UCC) to specifically exclude cryptocurrencies and other digital assets fro...
Aave DAO Passes Proposal to Recover Lost Tokens
The Aave decentralized autonomous organization (DAO) has passed a proposal called “Rescue Mission Phase 1 Long Executor” to recover lost tokens for some users who mistakenly sent them to certain token...
SEC Rejects VanEck Spot Bitcoin Trust Proposal
The United States Securities and Exchange Commission has denied a proposal by investment manager VanEck for the creation of a spot Bitcoin trust, a financial product that would allow investors to trad...
Judge Expresses Concerns Over Proposed Bail Conditions for Former FTX Founder
Sam Bankman-Fried is a well-known figure in the cryptocurrency industry, having founded FTX in 2019. However, he found himself in legal trouble in 2022, when he was arrested and charged with market ma...
Defunct Crypto Lender BlockFi Has $227 Million in Uninsured Funds with Troubled Silicon Valley Bank
Air pollution is a significant public health concern worldwide, and recent studies have found high levels of air pollution in major cities around the world. The issue is particularly prevalent in deve...
Circle’s USDC Reserves Remain Stuck at SVB, Raises Concerns Over Crypto Stability
Circle is one of the leading issuers of USDC, and the company has been on a mission to make it the preferred stablecoin in the cryptocurrency space. However, recent developments have raised concerns o...
Circle Unable to Withdraw $3.3 Billion from SVB, Causing USDC Sell-Off
Circle is a Boston-based fintech company that provides payments and investment services using blockchain technology. USDC is a stablecoin issued by Circle and Coinbase, pegged to the value of the US d...
XRP Used as Solution by Blockchain Financial Service to Convert Funds During USDC Depeg
In the wake of the USDC depeg event, Austin, Texas-based blockchain financial service Reaper Financial, which focuses on acquiring and burning digital assets, has announced that it is converting the U...
Coinbase reassures customers on staking services amid SEC crackdown
In recent years, staking services have become increasingly popular among cryptocurrency investors. Staking refers to the process of holding and locking up a certain amount of cryptocurrency in a walle...
Circle’s USDC Reserve Mishap Leads to Massive Sell-off
In May 2021, Circle, a fintech company that offers payment and trading solutions, revealed that it had discovered a massive discrepancy in its USDC reserves. Silicon Valley Bank, which was responsible...
Blockchain Development Trends – The Cryptonomist
The collapse of Terra LUNA/UST, Celsius, Voyager Digital, Three Arrows Capital and the most recent FTX saga has made 2022 a tough and volatile year for many in the industry. According to CoinMarketCap...