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MakerDAO files emergency proposal addressing 3.1B USDC exposure

According to a discussion board publish from MakerDAO, the issuer of the U.S. dollar-pegged Dai (DAI) stablecoin, on March 11, the agency requested an...

Crypto whales suffer huge losses due to USDC depeg, SVB collapse

In response to the extraordinary depegging occasion of the USD Coin (USDC) stablecoin brought on by the collapse of its counterparty Silicon Valley Bank...

Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount

Several USD Coin (USDC) holders have fled to different stablecoins since March 10 amid fears surrounding its solvency following the disclosure {that a} small...

Failed tech bank SVB held over $5B for prominent crypto VCs: Report

According to a report that started circulating on March 11 within the aftermath of the collapse of Silicon Valley Bank (SVB), distinguished blockchain enterprise...

Silicon Valley Bank down, USDC depegged, FTX billed $34M in Jan

Top Stories This Week Silicon Valley Bank shut down by California regulator, holding...

Aave freezes stablecoin trading on Avalanche V3 as activity surges on CEXs

Lending protocol Aave has frozen stablecoins buying and selling and set Loan-to-Value (LTV) ratio to zero in response to current value volatility on stablecoins...

Breaking: USDC slowly repegs on unconfirmed reports of SVB resolution

According to a publish on Mar. 11 by Bob Elliot, chief funding officer of Unlimited Funds, aid efforts might already be underway lower than...

How to host a decentralized website

Decentralized web sites depend on decentralized networks moderately than centralized servers to protect and confirm the info’s integrity. Decentralized web sites provide a extra...

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