$3.3 Billion of USDC Reserve Risk Removed, Dollar De-peg Closes
https://www.circle.com/en/pressroom/3.3-billion-of-usdc-reserve-risk-removed-dollar-de-peg-closes
Circle says outstanding USDC transactions won’t process until Monday
https://www.theblock.co/post/219045/circle-says-outstanding-usdc-transactions-wont-process-until-monday
USDC depegged after Circle confirms that they kept $3.3 billion dollars in insolvent SVB bank.
Читать полностью…Digital asset investment products saw minor outflows totalling $17m last week, marking the 4th consecutive week of negative sentiment.
Читать полностью…📈#Bitcoin closed February 2023 roughly unchanged despite enthusiastic rally, down just 0.01%. This is $BTC's most neutral monthly performance on record.
Читать полностью…$EGLD MultiversX starts Web3 'Super App' called xPortalApp with Finance and social features
Finance, Web3, friends, AI avatars, the Metaverse and more - all brought together on MultiversX & #EGLD.
Time to jump in.
https://xportal.com
https://twitter.com/beniaminmincu/status/1630645737355657227?s=46&t=rnT0rN1oqIht5OMEWcOdog
$THETA
https://twitter.com/theta_network/status/1630551361065480192?s=46&t=wOlCzK6RL_7w2heF4Im-4A
Coinbase to suspend BUSD trading on March 13
https://twitter.com/coinbaseassets/status/1630236377622228994?s=46&t=e3vLnXKa6mVoiBDdbOWB-Q
Institutional trading has been more resilient than retail on Coinbase which managed to increase its market share over the past year.
Non-fee related income also rose to 26% of net revenue in 2022 up from just 7% in 2021.
Circle CEO: 100% of USDC reserves are also safe and secure, and we will complete our transfer for remaining SVB cash to BNY Mellon
https://twitter.com/jerallaire/status/1635059024050937856?s=46&t=sWGD9CxuUQCh3BlIiRdk0g
Binance Adds Stablecoin Spot Trading Pairs, Launches Fee Promotion & Discontinues Auto-Conversion for Stablecoins
https://www.binance.com/en/support/announcement/dd331bed50bb44f485e47aed132bfc02
Still holding a bag of $THETA.
Shit is quite slow but I think its move will be glorious.
TrueUSD becomes 5th largest stablecoin as Binance mints $130M TUSD in a week.
https://www.coindesk.com/markets/2023/02/27/trueusd-becomes-5th-largest-stablecoin-as-binance-mints-130m-tusd-in-a-week/
Bitcoin’s dominance has been on the rise recently. One of the factors that might be helping its rebound in this cycle is the regulatory environment and the clarity US investors have around Bitcoin as a commodity.
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