Cointelegraph

⁠Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds According to Circle, USDC liquidity operations will "resume as normal when banks open on Monday morning in the United States," enabling…

⁠Aave freezes stablecoin trading on Avalanche V3 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 price.

USDC slowly repegs on unconfirmed reports of SVB resolution According to insiders, 50% of uninsured deposits will be paid out by next week.

⁠Failed tech bank SVB held over $5B for prominent crypto VCs: Report It is unclear how much assets custodied on behalf of crypto VCs are stuck in Silicon Valley Bank.

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⁠Crypto whales suffer huge losses due to USDC depeg, SVB collapse The depegging of the USDC stablecoin has affected other stablecoins, which in turn wreaked havoc on crypto projects and stakeholders in a massive chain re…

⁠Banks down? That is why Bitcoin was created, crypto community says Silicon Valley Bank (SVB) collapse on March 10 has sparked fear, doubt, and uncertainty (FUD) across the crypto community.

⁠Ethereum layer-2 solutions may focus less on token incentives in the future Token incentive models may become obsolete as layer-2 networks focus on ease of functionality and low fees, but how will this impact decentrali…

⁠Maker DAO files emergency proposal addressing 3.1B USDC exposure "Proposal(s) implementing the above changes are expected to be posted in the next ~12 hours or less," says Maker.

⁠Circle’s USDC instability causes domino effect on DAI, USDD stablecoins Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the dollar.

⁠USDC investor shells out $2M to receive $0.05 USDT trying to evade crash While the crypto market responded with a massive sell-off, not all USDC investors were lucky enough to walk away with their funds amid the uncerta…

⁠Sen. Warren calls out 'sham audits' while SVB threatens crypto bankruptcy Contrasting her statements against crypto auditors, numerous members highlighted the ongoing collapse of Silicon Valley Bank (SVB), a Federal Dep…

⁠Coinbase reiterates that staking services will continue, despite SEC crackdown Despite the SEC looking to crackdown on supposed unregistered securities offerings via staking rewards programs, Coinbase has outlined that…

⁠USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank At the time of writing, USDC lost 3% of its value as it traded at $0.969, and a Circle executive envisions broader implications for business, banking a…

⁠Circle discloses $3.3B tied up at Silicon Valley Bank Circle joined other customers and depositors in calling for the continuity of SVB in the US economy.

⁠Filing shows BlockFi has uninsured $227M in Silicon Valley Bank MMMF BlockFi’s capital allocated to the money market mutual fund is not FDIC insured, however the fund doesn’t appear to be managed by Silicon Valley Bank.