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Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds 840 aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDMvYTZiZDI3NDAtNmVjNy00ZWIyLTg5YzMtNjlmNWNjM2I2OWI3LmpwZw3D3D

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Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds

Jasmine Johnson 12.03.2023

According to Circle, USDC liquidity operations will “resume as normal when banks open on Monday morning in...

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation ftx 768x432 1

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FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

Deja Williams 04.03.2023

On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of...

Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown busd 768x432 1

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Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown

Deja Williams 28.02.2023

Cryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD. The decision...

Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower binanceusdc 768x432 1

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Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower

Deja Williams 22.02.2023

Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then,...

Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days jon56 768x432 1

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Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days

Deja Williams 20.02.2023

Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer...

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