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It is unclear how much assets custodied on behalf of crypto VCs are stuck in Silicon Valley Bank.
The USD Coin depeg led the DeFi protocol to experience a record-breaking daily trading volume as crypto whales fight for assets.
The depegging of the USDC stablecoin has affected other stablecoins, wreaking havoc on crypto projects and stakeholders in a massive chain reaction.
Explore decentralized web hosting and how it distributes data securely across a network of nodes.
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.
