The president of the United States, Joe Biden, has vowed to hold those responsible for the failure of Silicon Valley…
Browsing: Collapse
The sudden collapse of Silicon Valley Bank (SVB) has quickly unfolded over the last week, depegging stablecoins, leading regulators in…
In response to the extraordinary depegging event of the USD Coin (USDC) stablecoin caused by the collapse of its counterparty…
The collapse of Silvergate, a crypto-friendly bank, will likely significantly impact the crypto ecosystem and its ties with the U.S.…
Ad “Their books and records are incomplete and, in many cases, totally absent,” said current FTX CEO John J. Ray…
Crypto hedge fund Galois Capital is reportedly shutting down and refunding money to investors after being caught in the high-profile…
Galois Capital has moved to shut down its hedge fund operations following a $40 million loss resulting from the FTX…
FTX’s former director of engineering is reportedly planning to plead guilty to fraud charges related to the crypto exchange platform’s…
A complaint filed by the United States Securities and Exchange Commission said Terra co-founder Do Kwon and Terraform Labs laundered…
DeFi The smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value…