Latest

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.

TradFi & Fintech
Silvergate, Signature Collapse Leaves Crypto with Few Bank Partners
Foreign Companies Could Fill the Void

Markets
Markets Recover After U.S. Regulators Backstop Deposits At Failed Banks
DeFi Heavyweights Maker, Synthetix and Lido Lead Sector Higher

Markets
USDC Finds Stability Near $0.97 After Crashing on SVB Concerns
Circle said the stablecoin will be redeemable for US dollars starting Monday.

DeFi
Lido Launches wstETH On Polygon
Liquid Staking Narrative Gains Momentum Ahead of Ethereum’s Shapella Upgrades

Markets
Traders Dump USDC After Silicon Valley Bank and Silvergate Fail
USDC issuer Circle said it banked with failed SVB and Silvergate.

DeFi
Coinbase Nudges Users On-Chain with New Quests Program
The Exchange Continues to Deepen Its Ties to Layer 2 Blockchain Optimism

DeFi
Alpha Homora Offers $32M In 'Seized’ User Assets To Iron Bank To Pay Down Debt
Leveraged Yield Farming Protocol Was Exploited In 2021





