2023-3-14 15:30 |
SVB collapsed last week following a $42 billion bank run after it announced plans to sell $2.24 billion in new shares.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
|
Circle’s USDC stablecoin had nearly $3 billion in net redemptions since Friday, while the total supply of DAI increased by 1.2 billion tokens over the same time period.
2023-3-14 22:12 | |
|
|
Circle stated that it initiated to transfer of $3.3 billion funds remaining in SVB However, the transfer was not processed as of Friday and the could be processed on Monday The stablecoin isThe post Circle will cover funds shortfall caused by Silicon Valley Bank collapse appeared first on AMBCrypto.
2023-3-12 00:07 | |
|
|
What we know so far about the SVB collapse and USDC/DAI depeg (updated): Crypto firm Circle reveals $3.3 billion stuck in SVB DAI/USDC depeg as stablecoin pressure continues after Silicon Valley bank collapse Binance suspended USDC conversions due to volatile market conditions Coinbase suspended USDC conversions “over the weekend while banks are closed” SVB contagion: […] The post USDC depeg – Everything we know so far as contagion spreads from TradFi banking appeared first on CryptoSlate.
2023-3-11 16:10 | |
|
|
Circle said it failed to remove $3. 3 billion from Silicon Valley Bank. SVB is under FDIC receivership following its collapse. USDC depegged following the news, falling 8% to hit lows of $0. 91 on Saturday morning.
2023-3-11 09:46 | |
|
|
$11.4 billion of USDC reserves are held in the form of cash at Reserve Banks, which include the two members of the Federal Reserve System.
2023-3-11 22:50 | |
|
|
| Analogue Notcoin - TapSwap |
Circle initially agreed to go public as part of a $4.5-billion merger in July 2021, but that deal fizzled out.
The world's largest crypto exchange acquired Sakura Exchange BitCoin last November.
The integration of Tap Network will allow companies to build out their Web3 strategies by incorporating commerce, data and loyalty programs.
CrossTower’s president said they would place extra emphasis on highly transparent and compliance-focused companies in light of the FTX collapse.
Crusoe Energy Systems has just acquired the operating assets of Great American Mining, a sign that further consolidation could be ahead.
INX has completed all the documents needed to complete its acquisition of security token platform OpenFinance, and is now awaiting regulatory approval.