Coinspeaker Circle Reassures Customers Riding on Promises from Federal Regulators Crypto startup Circle, the issuer of the USD Coin (USDC) stablecoin has announced that the USDC reserve risk being nursed by the firm’s key customers has been removed. As shared in a Press Release published early today, the firm said riding on the joint statement […]
Crypto Firms Announce Funds Caught in Signature Bank Closure
Coinspeaker Crypto Firms Announce Funds Caught in Signature Bank Closure Several crypto firms, including Paxos, have disclosed their level of involvement with Signature Bank after the latter’s closure by the Treasury. Following an unusual week that saw multiple banks fail, the Federal Reserve, Treasury, and FDC agreed to close Signature Bank. The decision was jointly […]
First Republic Bank (FRC) Losses Over 60% in Shares as Investors Worry Over Financial Strength Following SVB’s Collapse
Coinspeaker First Republic Bank (FRC) Losses Over 60% in Shares as Investors Worry Over Financial Strength Following SVB’s Collapse The shares of American foreign exchange company First Republic Bank (NYSE: FRC) plunged over 60% in pre-market trading due to investors’ worries about its financial strength. Meanwhile, the bank has been addressing concerns about its liquidity […]
How to Deal With Toxic Change In CoinJoins
Wasabi Wallet’s WabiSabi protocol is designed to eliminate change outputs from CoinJoins, better protecting Bitcoin users’ privacy. This is an opinion editorial by Thibaud Maréchal, a contributor to privacy-focused Bitcoin wallet project Wasabi Wallet. Much ink has been spilled on the privacy horrors of change outputs for Bitcoin. It is now widely understood that Bitcoin […]
Euler Finance sees $195 million in crypto drained in exploit hack
Today’s hack saw an attacker drain millions in $DAI, $USDC, $StETH and $WBTC in a flash loan attack. In the largest hack so far in 2023, an attacker was able to carry out multiple transactions that netted more than $195 million in various crypto and stablecoins. We are aware and our team is currently working […]
How to develop a crypto trading bot?
Crypto trading bots are computer programs that use artificial intelligence (AI) to help you make better investment decisions. They’re designed to help you track the prices of cryptocurrencies, analyze market data, and generate buy and sell recommendations. There are a few different types of crypto trading bots. Some bots will do all the work for […]
How Filecoin (FIL), Avalanche (AVAX), and TMS Network (TMSN) are innovating crypto industries globally?
Filecoin (FIL), Avalanche (AVAX), and TMS Network (TMSN) are three of the most innovative and disruptive platforms in the crypto space. And TMS Network’s (TMSN) first phase of pre-sale, where they have already raised $ 2 million in their private seed sale (in an incubator fund), is enough to strengthen the point. So if you’re […]
Binance Launches Prepaid Card in Colombia
Binance, the cryptocurrency exchange, has launched a prepaid cryptocurrency card in Colombia, expanding its reach in Latam. The card, which will allow customers with their identity verified to make payments with crypto, establishes the country as one of the leading markets for the exchange in Latam behind Brazil and Argentina. Binance Announces Crypto Prepaid Card […]
Bitcoin funding rate has turned positive as liquidations soar over $230M
Quick Take The perpetual funding rate for Bitcoin flipped positive this morning, which has seen Bitcoin shorts rekt and take crypto liquidations in the past 24 hours to $240 million. The majority of the liquidations are short liquidations at roughly $190m. While the three largest Bitcoin cohorts have started accumulating over the weekend, I would […]
Majority of stablecoins re-store peg as USDT dominance hits 58%
Quick Take Over the past few days, stablecoins lost the peg to $1; the main headline was USDC. USDT was trading at a premium all other stablecoins were trading at a discount to the $1 peg. USDT has now returned back to the $1 peg. USDC, BUSD, and GUSD are now roughly back at $1. […]