Industry
MakerDAO Passes Proposal to Increase US Treasury Investment by $750 Million
Lending protocol and stablecoin issuer MakerDAO passed a proposal on March 16 to increase its portfolio holdings of U.S. Treasury securities by 150%, from $500 million to $1.25 billion.Herman HayesLinksDAO wins bid to buy its first golf course, CEO says
LinksDAO, a golf startup run by a decentralized autonomous organization (DAO), is poised to become the new owner of Scotland's Spey Cove Golf Club after winning a successful bid to purchase the course for an initial price of just over $900,000.Herman HayesBREAKING: SVB Financial Group files for Chapter 11 bankruptcy
Embattled SVB Financial Group has filed a voluntary petition in U.S. bankruptcy court for a court-supervised restructuring under Chapter 11 to preserve value.Herman HayesBetting on Volatility: Deribit Launches Bitcoin Volatility Futures
Crypto Derivatives Exchange Deribit to Launch Bitcoin Soon Volatility futures, which provide investors with a direct way to measure and trade volatility in the BTC market.Herman HayesCrypto Biz: SVB Crashes, USDC Depegs, Bitcoin Still Up
Cryptocurrency investors should know by now that it doesn't take much to topple a struggling multi-billion dollar company.Herman HayesCoinbase plans to build a cryptocurrency trading platform outside the US
Cryptocurrency exchange Coinbase is reportedly planning to establish a cryptocurrency trading platform outside of the United StatesHerman HayesEuler Finance Hacked Despite 10 Audits in 2 Years, Says Euler Finance CEO
Before the $196 million attack, ethereum-based lending protocol Euler Finance conducted ten independent audits over two years and deemed it "no higher than low risk" and had "no open issues."Seth RowdenIntern at Gensler? University Internships at the SEC start at $15 an hour
College students hoping to intern with the U.S. Securities and Exchange Commission (SEC) are in luck the regulator has opened applications for its Fall 2023 Scholars Program.Seth RowdenSignum Digital Receives Approval to Offer Security Tokens in Hong Kong
Signum Digital, a joint venture between Coinstreet and Somerley, has announced that its security token offering (STO) and subscription platform has received approval-in-principle from Hong Kong’s Securities and Futures Commission (SFC).Seth RowdenThe threat to encryption has never been greater, but mass adoption is imminent
2023 is proving to be a pivotal year for the crypto space, with many events converging to determine its future trends and adoption in the short term. While there are many variables at play, here are three key factors that will shape the cryptocurrency market throughout 2023.Seth RowdenBinance replaces BUSD with TUSD and USDT in SAFU fund
Cryptocurrency exchange Binance announced on March 17 that it has replaced Binance USD Holds its Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and TetherSeth RowdenThe diverse guardians needed for safe self-custody
Ethereum co-founder Vitalik Buterin emphasized the importance of having various "guardians" to maximize the security of self-custody of crypto assets through multisig and social recovery wallets.Seth RowdenUSDC depeg will hamper stablecoin growth, heighten regulatory scrutiny
Recent turmoil in traditional banking, culminating in USDC, Credit ratings agency Moody’s Investors Service believes that losing the peg could negatively impact stablecoin adoption and could increase calls for regulation.Seth RowdenFTX Debtors Report Claims $11.6B, Assets $4.8B, Many Crypto Assets 'Unidentified'
Debtors in the FTX bankruptcy case reported that various corporate silos have more than $4 billion in scheduled assets as of November 2022, but said they are still investigating the company’s crypto holdings.Seth RowdenReal-world asset tokenization lacks infrastructure, not just regulation
Next-generation securities and asset tokenization is hampered by a lack of infrastructure and regulatory standards around the world, according to BlackRock's Larry Fink.Seth RowdenMetaMask Addresses Privacy Concerns With New Features That Enhance Control
Web3 wallet app MetaMask has introduced a number of new features designed to enhance privacy and give users more control, according to a March 14 blog post from the developer.Herman HayesStargate Foundation advises DAO not to reissue STG tokens
Due to concerns raised by FTX liquidators, the Stargate Foundation has advised its Decentralized Autonomous Organization (DAO) against reissuing Stargate’s native Stargate Finance (STG) token.Herman HayesCoinbase Bans BUSD Trading
U.S.-based cryptocurrency exchange Coinbase announced on March 13 that it has suspended trading in the Binance Dollar (BUSD) stablecoin.Herman Hayes$314M in USDC Sent to Empty Addresses as Redemptions Begin
According to the statistics of Watchers, a Web3 analysis platform, there are a total of 314.167 million USDC, Sent by its issuer, Circle, to an empty Ethereum address with header 0x00 on March 13.Herman HayesOkcoin Suspends USD Deposits After Signature Bank Shuts Down
The U.S. subsidiary of cryptocurrency exchange OKX has not approached defunct U.S. tech bank Silicon Valley Bank (SVB), according to a March 13 tweet from Okcoin CEO Hong Fang.Herman Hayes
Top
View more- 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
- 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
- 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
- 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
- 5CZ: compared with the record high nine months ago, the current situation of the industry is much better












