CoinGecko reports that the USDC stablecoin has returned to its one-to-one value with the US dollar. This comes after a period of decline when some holders tried
According to a spokesperson, Flex Yang, the previous CEO of Babel Finance, has introduced a new stablecoin named HOPE, along with a DeFi ecosystem that is conne
Euler Finance, a DeFi lending protocol, was subject to an attack resulting in a loss of nearly $200 million across several transactions involving DAI, WBTC, sET
According to on-chain data, the knowledgeable investors in the cryptocurrency industry, including institutions and major traders, are abandoning Circle's USDC.
In February, during a meeting in India, the International Monetary Fund (IMF) presented a report titled "Macrofinancial Implications of Crypto Assets" to the Gr
In order to boost the market, Binance has announced its plan to convert $1 billion worth of Binance USD (BUSD) to various tokens including bitcoin (BTC), ether
Over the weekend, Uniswap and Curve, which are decentralized exchanges (DEX), experienced their highest trading volumes ever. Traders were particularly interest
Binance, one of the largest cryptocurrency exchanges, has announced that it will support multiple stablecoins and has discontinued its Binance USD (BUSD) automa
Jason Pizzino, a popular analyst and trader, recently shared his thoughts on the future of three major cryptocurrencies: Bitcoin, Solana, and Cardano. According
Charles Hoskinson, founder of Cardano, recently expressed his belief in algorithmic stablecoins as a critical element in realizing Bitcoin's original vision. He
Blockchain Asset Management, launched in April 2022 to attract institutional investors, is suspending operations due to the prolonged crypto winter. This decisi
The sudden collapse of Silicon Valley Bank, which followed Silvergate's voluntary liquidation, has had a knock-on effect on algorithmic stablecoin DAI, causing
The USD Coin (USDC) fell below 90 cents on Saturday and hit a lifetime low of 87 cents due to little respite for the token's recovery, causing traders to move t
Bitcoin and ether experienced a 4% increase in value over the past 24 hours, recovering from a steep decline on Friday that was caused by the contagion risks of
On Saturday, USD Coin (USDC) dropped to below 90 cents and showed little sign of recovering, causing traders to shift their capital to other stablecoins. During
Following the unexpected collapse of Silicon Valley Bank, which happened shortly after Silvergate's voluntary liquidation, the market is still grappling with th
On Friday, lawmakers from the United States convened with the Federal Reserve and Federal Deposit Insurance Corporation (FDIC) to discuss the recent collapse of