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DeFi suffered its biggest attack this year with a flash loan attack on crypto lending platform Euler Finance and the hackers are belived to be same that exploited a BSC based protocol in February. Go to Source Powered by WPeMatico
Bitcoin’s performance has outpaced Warren Buffett’s Berkshire Hathaway over the past six months as crypto markets appear to have turned a corner. Go to Source Powered by WPeMatico
The reported move came amid many U.S. lawmakers and regulators taking aim at crypto firms for their perceived role in the failure of three major banks. Go to Source Powered by WPeMatico
In our latest Cointelegraph Report, we broke down the main events that led to the collapse of Silvergate, SVB and Signature Bank and explain what this all could mean for crypto. Go to Source Powered by WPeMatico
After the fall of Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank (SNBY), First Republic Bank, a commercial bank and wealth management services provider, is the latest financial institution to receive a bailout. Close to a dozen lenders announced they will deposit $30 billion into the beleaguered bank’s coffers to shore up liquidity. U.S. … Read more
The latest episode of Decentralize with Cointelegraph unpacks whether U.S. regulators are targeting the crypto ecosystem through closure of SVB and Signature Bank. Go to Source Powered by WPeMatico
The association submitted Freedom of Information Act requests as part of an investigation into how regulators’ actions “improperly contributed” to the collapse of three banks. Go to Source Powered by WPeMatico
Silicon Valley Bank’s downfall was a product of traditional finance — critics shouldn’t conflate the issue with cryptocurrency. Go to Source Powered by WPeMatico
Speaking at the SXSW conference in Austin, Molly White compared crypto companies’ current predicament to that in 2017 and 2018, when they had “trouble accessing banking”. Go to Source Powered by WPeMatico
Jerome Powell called for a “thorough, transparent, and swift review” of the Federal Reserve’s supervision and regulatory activities following Silicon Valley Bank’s closure. Go to Source Powered by WPeMatico
