kamal

While it’s easy to blame the recent shift in the regulatory mood regarding crypto markets on certain bad actors, the real roots lie beyond the crypto ecosystem, says Noelle Acheson.

The designation of SVB’s failure as a potential systemic threat gives the FDIC more options to sell the bank.

The backing Aztec Network is open sourcing the bridge and moving on to next-generation products.

Michael Barr, the vice chairman responsible for bank supervision and regulation at the U.S. Federal Reserve, is examining how the regulated Silicon Valley Bank met with its rapid collapse last week.

A debate from the 2008 financial crisis resurfaces as the FDIC intervenes to help two troubled institutions with crypto connections, says CoinDesk’s David Z. Morris.

Four funds with about $940 million in gross asset value had exposure to the custodians, as of May 2022.

As the wreckage that started inside crypto banking threatens financial institutions beyond the sector’s border, the federal government is eager to make it clear that it’s not going to let it get out of hand. But is it a bailout?

Circle’s USDC stablecoin had nearly $3 billion in net redemptions since Friday, while the total supply of DAI increased by 1.2 billion tokens over the same time period.

The change will affect less than 1% of Binance customers, the exchange says.

The outflows rose for a fifth consecutive week and come amid rising uncertainty about the future of digital assets.