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A wallet associated with Alameda Research's liquidators has sent $100 million worth of stablecoins

$100 Million Worth of Stablecoins Sent by Alameda-Linked Wallet to Trading Firms Following USDC Depreciation

A wallet associated with Alameda Research’s liquidators has made a massive transaction in the crypto market, sending $100 million worth of stablecoins to Cumberland and

March 15, 2023
Poolz Finance, a cross-chain decentralized initial DEX offering (IDO) platform, suffered a cyberattack on both the Binance Smart Chain and Polygon networks, resulting in a loss of approximately $390,000.

Poolz Finance Suffers Major Cybersecurity Incident: $390K Stolen

Poolz Finance, a cross-chain decentralized initial DEX offering (IDO) platform, suffered a cyberattack on both the Binance Smart Chain and Polygon networks, resulting in a

March 15, 2023
Bitcoin gained 7.6%

Bitcoin Reaches $26,000 Following the Collapse of SVB

Bitcoin has surged to a nine-month high of $26,533, marking its fourth consecutive day of gains. The cryptocurrency appeared to benefit from global market chaos

March 15, 2023
Euler Finance updated its users

Euler Finance Halts Vulnerable Module, Works to Restore Lost Funds

On March 13, Euler Finance, a decentralized finance (DeFi) lending protocol, fell victim to a flash loan attack, resulting in the largest crypto hack of

March 14, 2023
Skrill, Binance’s current partner

Binance Loses Access to British Pound Deposits and Withdrawals

Binance, the world’s largest cryptocurrency exchange, is in search of a new service partner to process British pound transfers after Skrill Limited announced it would

March 14, 2023
Lending protocol Euler Finance

Lending protocol Euler Finance falls prey to $197 million flash loan attack

Euler Finance, a popular lending protocol in the world of decentralized finance (DeFi), has suffered a major blow after a flash loan attack resulted in

March 14, 2023
Bitcoin whales and sharks, have been accumulating the crypto

Crypto Whales and Sharks Add $821 Million Worth of Bitcoin to Their Holdings in Just One Week

Crypto analytics firm Santiment has revealed that despite Bitcoin (BTC) plunging below $20,000 last week, two key investor cohorts, Bitcoin whales and sharks, have been

March 13, 2023
Binance moves to convert the remainder of its $1 billion Industry Recovery Initiative funds

Binance Converts Industry Recovery Funds to Bitcoin, Binance Coin, and Ethereum

Binance moves to convert the remainder of its $1 billion Industry Recovery Initiative funds to native cryptocurrencies. This time, the converted assets include Bitcoin, Binance

March 13, 2023
TrueUSD stablecoin issuer

TrueUSD Reports Minor Impact from Signature Bank Closure on Userbase

On Monday morning Asia time, TrueUSD stablecoin, announced that it has paused minting and redemption for users with Signature Bank. However, the rest of its

March 13, 2023
IMF has raised concerns about the widespread proliferation of crypto assets

IMF Alerts G-20: Crypto Usage Can Pose Challenges for Banks

The International Monetary Fund (IMF) has raised concerns about the widespread proliferation of crypto assets and the potential impact on banks. In a report titled

March 13, 2023
Decentralized exchanges (DEX) Uniswap and Curve reached lifetime high trading volumes over the weekend as traders hurried to exchange their token holdings, particularly USD Coin (USDC).

Uniswap and Curve Reach Record High Trading Volumes as Traders Rush to Exchange USDC

Decentralized exchanges (DEX) Uniswap and Curve reached lifetime high trading volumes over the weekend as traders hurried to exchange their token holdings, particularly USD Coin

March 13, 2023
USDC Stablecoin Takes a Hit as Circle Reveals Silicon Valley Bank Exposure

USDC Stablecoin Loses 13% of Value Following Circle’s Silicon Valley Bank Disclosure

The world of cryptocurrencies has been in turmoil in recent days as the USDC stablecoin, the second-largest by market cap, experienced a sharp drop in

March 12, 2023
Binance and Coinbase have temporarily suspended USDC conversions,

Crypto Exchanges Coinbase and Binance Suspend USDC Conversions, Rattled by Depegging Concerns

Top cryptocurrency exchanges Binance and Coinbase have temporarily suspended USDC conversions, adding to the panic in the crypto market. The suspensions came after Circle, the

March 12, 2023
Circle, the issuer of the USDC stablecoin

Circle Stands Firm with USDC, Covers $3.3 Billion Shortfall at Silicon Valley Bank

Circle, the issuer of the USDC stablecoin, has pledged to cover any shortfall caused by the collapse of Silicon Valley Bank. In a blog post,

March 12, 2023
Despegar travel agency in Latin America, has partnered with Binance Pay

Despegar Paves the Way for Crypto Adoption in LATAM’s Travel Industry

Despegar, one of the leading travel agencies in Latin America, has partnered with Binance Pay and Inswitch to enable cryptocurrency payments for tour packages. Despegar

March 12, 2023
The US SEC has filed an action against BKCoin and its co-founder Kevin Kang

US SEC Files Complaint Against BKCoin and Co-Founder for Orchestrating a $100 Million Scam

The US Securities and Exchange Commission (SEC) has filed an action against financial advisory firm BKCoin and its co-founder Kevin Kang for allegedly defrauding investors

March 12, 2023
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