Is the crypto industry in danger? VC Nic Carter says Operation Choke Point 2.0 is well underway
According to venture capitalist and longtime crypto supporter Nic Carter, the recent crackdown on the US crypto industry can be dubbed “Operation Choke Point ; Carter argues that inter-governmental...
Stablecoins rally as Circle announces it will cover all USDC redemptions 1:1
Quick Take On Saturday, March 11, Circle CEO Jeremy Allaire announced that Circle pledges to cover any shortfall in the assets backing USDC if it does not receive the...
Op-ed: Why the USDC depeg is not a reason to panic
The following is a guest post by Anndy Lian. The crypto industry is currently experiencing anxiety due to concerns about the potential detachment of USDC, a stablecoin supported by...
Nine out of top 10 stablecoins trading below peg as USDC contagion spreads – Tether sole survivor
Nine of the top 10 stablecoins by market cap are trading below their dollar peg as the market reels from the contagion sparked by the depeg of Circle’s USDC...
Silvergate: A postmortem
The post Silvergate: A postmortem appeared first on CryptoSlate.
Management Software Can Help Bitcoin Miners Realize Their Energy Potential
With effective management software, bitcoin miners can take full advantage of the industry’s unique efficiencies and potential profits. This is an opinion editorial by Mitch Klee, an analyst at...
Over 100 VCs, investors voice solidarity with Silicon Valley Bank
Approximately 125 VCs and investors signed a statement supporting Silicon Valley Bank as a way to limit the fallout of the bank’s collapse and subsequent extinction of tech companies.
Bill Ackman warns US gov’t: Fix mistake in ‘48 hours’ or face ‘destruction’
Billionaire Bill Ackman said that SVB’s senior management made a “basic mistake” but should be fired.
Do Kwon had the right idea, banks are risk to fiat-backed stablecoins: CZ
Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of stablecoins.
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 businesses.