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How Top Stablecoins Depegged After The Second Largest US Bank Failure
CeFi

How Top Stablecoins Depegged After The Second Largest US Bank Failure

It was a wild weekend for stablecoins. USDC depegged from a dollar to as low as $0.88 on Saturday, before bouncing fully back to its dollar peg on Monday. Today we’re looking back over the wild weekend and figuring out what a depegged stablecoin and failing banks could signal for DeFi.
Crypto Markets Surge As Investors Predict Fed Pause
Markets

Crypto Markets Surge As Investors Predict Fed Pause

Bitcoin and Ether Approach $26K, $1,800
DeFi Lender Euler Suffers $200M Exploit
DeFi

DeFi Lender Euler Suffers $200M Exploit

Code Bug Enabled Flash Loan Attack
Markets Recover After U.S. Regulators Backstop Deposits At Failed Banks
Markets

Markets Recover After U.S. Regulators Backstop Deposits At Failed Banks

DeFi Heavyweights Maker, Synthetix and Lido Lead Sector Higher
USDC Finds Stability Near $0.97 After Crashing on SVB Concerns
Markets

USDC Finds Stability Near $0.97 After Crashing on SVB Concerns

Circle said the stablecoin will be redeemable for US dollars starting Monday.
Lido Launches wstETH On Polygon
DeFi

Lido Launches wstETH On Polygon

Liquid Staking Narrative Gains Momentum Ahead of Ethereum’s Shapella Upgrades
Traders Dump USDC After Silicon Valley Bank and Silvergate Fail
Markets

Traders Dump USDC After Silicon Valley Bank and Silvergate Fail

USDC issuer Circle said it banked with failed SVB and Silvergate.
Coinbase Nudges Users On-Chain with New Quests Program
DeFi

Coinbase Nudges Users On-Chain with New Quests Program

The Exchange Continues to Deepen Its Ties to Layer 2 Blockchain Optimism