Markets Archives - Page 13 of 31 - The Unfolding of Money

News

ByMarket DeskMarch 13, 2023March 13, 2023

Uniswap, Curve Finance, SushiSwap Trends Bullish Amidst Market Uncertainty

Decentralized exchanges (DEXes) registered an exponential rise in trading activity in the last 24 hours after the collapse of Silicon Valley Bank (SVB) triggered FUD in...

News

ByMarket DeskMarch 13, 2023March 12, 2023

Circle Will Cover Funds Shortfall Caused by Silicon Valley Bank Collapse

Circle – the company issuing leading stablecoin, USDC – has issued another statement on the state of its cash reserves stuck with Silicon Valley Bank (SVB)....

News

ByMarket DeskMarch 10, 2023November 1, 2023

Scrutiny Falls on $43B USDC Stablecoin’s Cash Reserves at Failed Silicon Valley Bank

Circle’s USDC, the second largest stablecoin with $43 billion market capitalization, held an undisclosed part of its $9.8 billion cash reserves at failed Silicon...

News

ByMarket DeskFebruary 28, 2023February 27, 2023

Liquid Staking Replaces DeFi Lending as Second-Largest Crypto Sector

The value of cryptocurrencies deposited in liquid staking protocols has increased to about $14 billion, trailing just deposits at decentralized exchanges. Liquid staking, which...

News

ByGlobal DeskFebruary 22, 2023February 22, 2023

Hong Kong to Promote Digital Yuan and Hong Kong Dollars for Cross-Border Use

Hong Kong’s Financial Secretary, Paul Chan, said that Digital Yuan and Hong Kong Dollars would be used for cross-border payments. The authority has also...

News

ByGlobal DeskFebruary 21, 2023February 21, 2023

BIG Ideas For 2023: Ark Invest’s EPIC Report!

Risks of Investing in Innovation Companies that ARK believes are capitalizing on disruptive innovation and developing technologies to displace older technologies or create new...

News

ByGlobal DeskFebruary 20, 2023February 20, 2023

Zambia Takes First Steps in Establishing African Crypto Tech Hub

Zambia has become the latest African nation to embrace the digital economy after announcing it was testing technology to enable the regulation of cryptocurrencies....

acquisition News

ByGlobal DeskFebruary 16, 2023February 16, 2023

Japanese Securities Giant SBI Completes Takeover of Crypto Exchange Bitpoint

The Japanese securities giant SBI has completed a takeover of the rival crypto exchange Bitpoint. The move consolidates the firm’s increasingly tight grip on the domestic...

News Close Look

ByMarket DeskFebruary 14, 2023February 14, 2023

Operation Choke Point 2.0 Is Underway, And Crypto Is In Its Crosshairs

detailing the Biden Admin’s coordinated, ongoing effort across virtually every US financial regulator to deny crypto firms access to banking services What began as...