Swaps volume on web3 wallet provider Metamask hit an all-time high over the weekend as the fall of top crypto-friendly banks Silvergate and Signature sent shockwaves through the sector.
A big part of that was linked to the uncertainty over exactly how those bank closures would play out, Metamask gro...
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14 mar. 2023
Biggest USDC burn on record just occurred, net redemptions since Friday reach $4.5 billion
Circle's stablecoin continues to struggle to win back confidence, and the biggest redemption on record just occurred as $723.5 million was sent to a null address and burnt, according to data via Arkham.
More than $6.2 billion USDC has been redeemed since Friday, with around $1.66 billion minted — b...
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14 mar. 2023
Bitcoin tops $26,500, spurs Crypto Twitter chorus of ‘we’re so back’ before falling again
Bitcoin soared to its highest point since June before gains were mostly wiped out.
Bitcoin briefly broke $26,500 shortly after the release of U.S. inflation data for February, which met consensus estimates. By 4:10 p.m. EST, it was trading around $25,085, having surrendered most of its post-CPI gain...
New banks will compete for business from crypto companies following the demise of Silvergate and Signature bank, former FTX.US president Brett Harrison said.
"Previously those banks couldn't really compete with the top two or three — Silvergate and Signature being among them — because they had such ...
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Ethereum developers are gearing up for the launch of the highly-anticipated Shanghai-Capella, or Shapella, upgrade on the Goerli test network later today in a final dress rehearsal before the mainnet launch scheduled for April.
The upgrade will be triggered at epoch 162304 on Goerli, estimated to ta...
Decentralized exchange startup Alex has raised $2.5 million to build out decentralized finance on Bitcoin's rails.
The strategic round was backed by Trust Machines, Gossamer Capital and other investors, the company said in a release. Alex raised a $5.8 million seed round in 2021, which was led by Wh...
Crypto wallet MetaMask has made a few key fixes relating to the privacy of its users in its latest update.
Before, when MetaMask users connected to crypto applications, it would link all of their accounts together even if they intended to keep them separate. Now, it will keep accounts separate when ...
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Smart contracts are one step closer to falling under European Union-wide regulation within a broader strategy on data markets, an issue that continues to raise concerns within the crypto industry.
The European Parliament adopted legislation under the Data Act on Tuesday, with 500 votes in favor and...
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Meta is ditching its pursuit of NFTs as the company looks to prioritize, according to Stephane Kasriel, head of commerce and financial technologies at Meta.
"Some product news: across the company, we're looking closely at what we prioritize to increase our focus. We’re winding down digital collecti...
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Crypto panic sparked a deposit run on Signature Bank, former Rep. Barney Frank said, but he argues that the bank had already stabilized before New York state regulators stepped in to close the crypto-friendly institution.
“Crypto panic generated that set of withdrawals,” said Frank, a member of the ...
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