1 year after $11M LUNC bets; Do Kwon wanted, funds paid, hedge stuck on FTX
Terra Luna's former co-founder, Do Kwon, who lost $11 million in the bet, is currently wanted by Interpol and is...
Blockchain
Swiss National Bank says it will support credit Suisse if necessary
Swiss regulators reaffirm the soundness of the Swiss financial system, following recent concerns about Credit Suisse.
Salesforce Web3 to help brands build trusted and scalable NFT programs
The platform promised to help companies create, manage and deploy non-fungible tokens in a trusted, scalable and sustainable way.
Europol seizes $46M from crypto mixer after $2.88B allegedly laundered
Law enforcement officials allege that ChipMixer laundered 152,000 BTC ($2.88 billion) over the past five years.
MetaMask addresses privacy concerns with new features for enhanced control
The new features allow a user to manage which servers are able to receive their IP address.
US banking system outlook downgraded to ‘negative’ following recent bank failures
Recent bank failures have highlighted the need for Blockchain-based cryptocurrency such as Bitcoin.
Tassat blockchain to join FedNow service with B2B on-ramp as pilot prepares for launch
The New York-based fintech firm said it would provide an API to allow clients to access the new Federal Reserve...
Binance to lose its British pound on- and off-ramp provider in 9 weeks
Binance has also had problems with its banking partner for United States dollar transfers over the last few months.
BlockFi in no immediate danger, despite Silicon Valley Bank exposure: Report
Christine Okike, a lawyer representing BlockFi at its bankruptcy hearing, claimed that BlockFi is not in immediate danger and has...
Coinbase disables trading for BUSD
Coinbase assured users that their BUSD funds would remain accessible and they could still withdraw funds at any time.
Binance CEO announces recovery funds conversion from BUSD to ‘native crypto’
Binance CEO says with recent “changes” in stablecoins and banks, the company’s recovery fund will be converted from BUSD to...
Biden vows to hold accountable those responsible for SVB, Signature collapse
United States President Joe Biden said on Twitter that he is “firmly committed” to holding those responsible for the Silicon...
How and why do stablecoins depeg?
Discover the causes and mechanisms behind stablecoin depegging.
Aave freezes stablecoin trading on v3 Avalanche as activity surges on CEXs
The trading freeze follows an analysis from DeFi’s risk manager firm Gauntlet Network considering different scenarios for the USD Coin...
Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount
Several USD Coin holders have fled to other stablecoins amid fears surrounding its solvency.