Due to SVB exposure, USDC lost its peg but soon recoiled to the $1 peg after the issuer pledged to cover losses. Circle Internet Financial Ltd. held $3.3 billion in reserves in the second-largest bank...
Tag: recouping
Platypus Finance divulges its plans for recouping
Following the $9.1 million hack, Platypus Finance has sought advice from security professionals to address two of its primary concerns. The first is the ability to retrieve as much of the money as pos...
Binance Assists in Recouping Fund for Vicitims of Contra Tech Fraud
Binance exchange has announced it is heavily involved in helping the victims of Contract Tech fraud from back in 2017/18 to recoup their lost funds. For the past couple of years, the digital currency ...
Celsius Identifies Mining Operations as One Way of Recouping Losses Ahead of Reorganization Plans
Celsius has stated at a bankruptcy hearing that its mining outfit should be able to repay some creditors ahead of total reorganization. Embattled crypto loan company Celsius Network revealed its reorg...
CryptoPunks tops weekly charts as it surges by 558% amid a recouping NFT market
CryptoPunks is in the news again, however, this time after the NFT collection has had a brilliant week. The famed NFT collection is topping several charts on Crypto Slam. CryptoPunks continues to trea...
Crypto Funds See Largest Inflow This Year, Recouping Recent Losses
In the past week, digital asset investment products have seen the largest inflows so far this year at $193 million. The largest amount of inflows since mid-Dec more than recouped the $157 million in o...