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Silicon Valley Bank (SVB) collapse on March 10 has sparked fear, doubt, and uncertainty (FUD) across the crypto community.
The price of GHST was supported by that of DAI stablecoin for over two years.
Token incentive models may become obsolete as layer-2 networks focus on ease of functionality and low fees, but how will this impact decentralization?
“Proposal(s) implementing the above changes are expected to be posted in the next ~12 hours or less,” says Maker.
Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the U.S. dollar.
Ethical hacking is the practice of identifying and testing vulnerabilities in a system to improve its security and prevent unauthorized access.
Bitcoin recovers from the depegging of USDC, the second-largest stablecoin, from the U.S. dollar.
While the crypto market responded with a massive sell-off, not all USDC investors were lucky enough to walk away with their funds amid the uncertainty.
Contrasting her statements against crypto auditors, numerous members highlighted the ongoing collapse of Silicon Valley Bank (SVB), a Federal Deposit Insurance Corporation-insured bank.
