March 11, 2023

More Explanation Of The Silvergate Bank Crash

Silvergate: One of the Key Banks in Crypto, in Dire Straits Silvergate, a bank that has been one of the most important financial institutions in the crypto space, is currently...
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Coinbase and More Halt USDT to USDC Conversions Amid SVB Issue

TL;DR: Binance and Coinbase have temporarily suspended USDC conversions as the contagion from the collapse of Silicon Valley Bank plays out. Circle, the company behind USDC stablecoin, held some of...
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ERC20 Tokens Plummet In Value As Ethereum Co-Founder Sells Trillions

TL;DR: Vitalik Buterin, the co-founder of Ethereum, allegedly sold trillions of airdropped ERC20 tokens resulting in a gain of an estimated $700,000 in value. The market liquidity of the airdropped...
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