Privacy-focused blockchain network closes Aztec Connect tool
The research made with Aztec Connect will be usable and critical to the development of a next-generation blockchain, Aztec Network...
Month: March 2023
Fed starts ‘stealth QE’ — 5 things to know in Bitcoin this week
Bitcoin and crypto react bullishly to news that the Fed is providing liquidity again in the wake of Silicon Valley...
Euler Finance hacked for over $195M in a flash loan attack
Euler Finance was exploited in a flash loan attack that drained hundreds of millions of decentralized stablecoins and synthetic ERC-20...
Nissan files 4 new web3 trademarks, trials sales in the metaverse
Nissan has recently filed four new Web3 trademarks for its Infiniti, Nismo and Nissan brands. Japanese automotive brand Nissan has...
OpenSea patches vulnerability that potentially exposed users’ identities
Cybersecurity firm Imperva found a vulnerability that could be used to leak user information such as email addresses and phone...
USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement
The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023,...
USDC bounces back toward $1 peg after Fed announcement
Positive developments concerning Circle's $3.3 billion worth of reserves held at Silicon Valley Bank and its new banking partners have...
Silicon Valley Bank collapse: Everything that’s happened until now
Events surrounding Silicon Valley Bank are moving fast. Here is a breakdown of the major developments over the course of...
Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking
After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of...
Extreme Market Turbulence: Critics Call Warren’s Silvergate Take ‘Terribly Misinformed,’ SVB Collapses, Vitalik’s Token Sell-Off Moves Markets, and More — Week in Review
It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, U.S. Senator Elizabeth Warren...
South African Rand Plunges to New 2023 Low Versus the US Dollar
Just a few weeks after tapping its best exchange rate versus the greenback in 2023, the South African rand fell...
How and why do stablecoins depeg?
Discover the causes and mechanisms behind stablecoin depegging. Stablecoins are a type of cryptocurrency designed to have a stable value...
South Korea launches ‘Metaverse Fund’ to expedite domestic initiatives
With the help of the Metaverse Fund, South Korea will support the mergers and acquisitions of various firms from the...
Over 100 VCs, investors voice solidarity with Silicon Valley Bank
Approximately 125 VCs and investors signed a statement supporting Silicon Valley Bank to limit the fallout of the bank’s collapse...
Silicon Valley Bank failure could trigger run on U.S. regional banks
A petition urging regulators to step in claims that nearly 40,000 of all depositors at Silicon Valley Bank are small...
