Euler Finance hacked for over $195M in a flash loan attack
Euler Finance became the victim of a flash loan attack where the exploiter managed to drain hundreds of millions worth of decentralized stablecoins and synthetic ERC-20 tokens. Read More
Macro update: Markets think fed tightening is almost over with just one more 25 bps rise as Powell loses credibility
Quick Take United States two-year yields set for the largest two-session drop since 1987, according to Zerohedge. The post Macro update: Markets think fed tightening is almost over with just […]
Circle says USDC operations unaffected by SVB, Signature closures
The closure of Silicon Valley Bank and Signature Bank won’t affect Circle’s USDC operations. The post Circle says USDC operations unaffected by SVB, Signature closures appeared first on CryptoSlate. Read More
Majority of stablecoins re-store the $1 peg – including USDC whilst USDT dominance hits 58%
Quick Take Over the past few days, stablecoins lost the peg to $1; the main headline was USDC. The post Majority of stablecoins re-store the $1 peg – including USDC […]
Breaking: Silicon Valley Bank UK arm acquired by HSBC for 1 pound
Banking giant HSBC announced that it is acquiring Silicon Valley Bank UK for one pound ($1.21). Read More
What is NFT rarity, and how to calculate it?
NFT rarity is the uniqueness and scarcity of a nonfungible token, calculated using factors, such as distinguishing features and demand. Read More
Signature Bank Shut Down by State Regulators, USDC Recovers
NYDFS took possession of Signature in order to protect the economy and strengthen the confidence in the banking system, and assured customers that all deposits will be returned.The price of USDC also started to recover after its issuer, Circle, revealed that all stablecoin reserves held at Silicon Valley Bank (SVB) were safe, and that the company had new banking partners. […]
Decentralized exchange Uniswap hits record single-day volume
The decentralized exchange Uniswap announced on March 11 it had hit its highest daily volume ever — totaling $11.84 billion. The post Decentralized exchange Uniswap hits record single-day volume appeared first on CryptoSlate. Read More
Coinbase CEO ponders banking features after Silicon Valley Bank crisis
Coinbase CEO Brian Armstrong says the exchange has previously considered adding features to become a neo-bank of sorts. Read More
Powell chose financial assets over inflation, now prepare for the second wave of inflation and don’t rule out contagion
Quick Take An update since futures opened last night SVB depositors will have access to all of their money on March 13. The post Powell chose financial assets over inflation, […]