Representatives for Circle and Coinbase blamed traditional financial institutions — ‘TradFi’ — for instability in the…
Tag: Crypto Ecosystems
Marathon Digital says it has access to funds held at Signature Bank
Marathon Digital said it has access to $142 million in cash deposits held by Signature Bank,…
Binance converting $1 billion in BUSD to bitcoin, ether and BNB
Binance CEO Changpeng Zhao announced on Twitter that the foremost crypto exchange would convert the approximately…
The Block: Circle USDC operations will resume when U.S. banks open Monday: CEO Allaire
Circle USDC reserves are “safe and secure” and liquidity operations will resume when U.S. banks open…
USDC will remain redeemable 1 for 1 with U.S. dollar, Circle says
USDC issuer Circle said it will resume normal operations Monday and that USDC will remain redeemable…
Weird crypto quirk sees user turn $1.45 into $2 million
Amid the madness of the last 24 hours, with the USDC stablecoin depegging and fears over…
USDC and DAI remain at about $0.90 following Circle’s disclosure of funds at SVB
The fallout from the collapse of Silicon Valley Bank spread overnight to the USDC stablecoin, which…
New York sues KuCoin, claims ether is an unregistered security
New York Attorney General Letitia James has sued digital asset exchange KuCoin for violating New York…
Coinbase Ventures, Brevan Howard among early backers of compliant DEX Mauve
Violet, which offers compliance and identity infrastructure for decentralized finance, launched its compliance-focused decentralized exchange, Mauve.…
CFTC head says stablecoins are in agency’s jurisdiction without ‘clear direction from Congress’
The head of the Commodity Futures Trading Commission views most stablecoins as commodities, barring new law…
Maverick Protocol DEX launches with Lido integration to compete with Uniswap
A new contender is challenging Uniswap for decentralized exchange supremacy. Or so Maverick CTO Bob Baxley…
Crypto prices flat, Silvergate declines ahead of Powell testimony
Crypto markets traded relatively flat as the market prepares for Federal Reserve Chair Jerome Powell’s Congressional…
FTX sues Grayscale and DCG, citing ‘exorbitant’ fees
Collapsed crypto exchange FTX filed a lawsuit against Grayscale Investment, citing mismanagement of the firm as…
Ethereum L2 Scroll reaches $1.8 billion valuation in new funding round: Source
Published 30 minutes earlier on Scroll, an Ethereum Layer 2 network that uses zk-rollups technology, raised…
Kraken is on track to launch bank ‘very soon’ despite regulatory ‘weird place’
Kraken is moving ahead with plans to launch its own bank despite a challenging regulatory environment…
Gemini says third-party incidents resulted in phishing scam targeting European users
Gemini disclosed incidents attributed to a third party that resulted in a phishing campaign targeting users…
Mt. Gox creditors may finally start seeing their bitcoins this month
Mt. Gox creditors may start seeing their first bitcoin payments this month as the window for…
Conflux raises $10 million from DWF Labs in token round
Conflux, a Layer 1 blockchain developer, raised $10 million from DWF Labs. The investment will…
Binance bites back against Forbes report claiming transfer of $1.8 billion in client collateral
Binance denied using client assets without consent after a Forbes report said the crypto exchange moved…
Inside the Sui ecosystem with Mysten Labs CEO Evan Cheng
Episode 15 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and…
SpankChain founder teases Tornado Cash ‘sequel’
Ameen Soleimani, the co-founder of SpankChain and Reflex Labs, has teased a revival of sorts for…
Speculators push price of testnet ether on Goerli network to $1.60
The price of testnet ether on the Goerli testnet spiked to $1.60 on Feb. 25 as…
Markets trade down after Fed chair’s comments, Grayscale recovers amid hearing
Crypto markets whipsawed throughout the day after U.S. Federal Reserve Chair Jerome Powell’s delivered testimony to…