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Tag: contagion
USDC depeg – Everything we know so far as contagion spreads from TradFi banking
Ad What we know so far about the SVB collapse and USDC/DAI depeg (updated): Crypto firm…
Bitcoin loses 21k support, as contagion from Silvergate enters banks, financials sector
Quick Take Bitcoin lost $21,000 as support and is over 5% down today This comes after…
DCG responds to Genesis bankruptcy; Bitcoin jumps 4% as contagion fears lessen
Digital Currency Group, the parent company of both Genesis and Grayscale, released a statement on Jan.…
Is Crypto About to be Locked Out of the US Banking as Regulators Seeks to Forestall Contagion?
Source: AdobeStock / ra2 studio For the first time ever, regulators in the United States issued…
Bitcoin Languishes Near $16K as BlockFi Bankruptcy Keeps Crypto Credit Contagion Concerns in Focus
US-based cryptocurrency lending and borrowing platform BlockFi, formerly one of the biggest in the cryptocurrency space,…
Genesis fails to raise funds as FTX contagion weighs on DCG-owned company
Crypto brokerage Genesis failed to raise funds and is potentially facing bankruptcy without additional funding, Bloomberg…
FTX Contagion: Genesis and Gemini Hit in Crypto Chaos
Key Takeaways Genesis has paused its crypto lending business, citing “extreme market dislocation” caused by FTX’s…
FTX Contagion is Spreading. Here’s How to Keep Your Crypto Safe
Key Takeaways FTX collapsed last week, shaking the crypto community’s faith in centralized custodians. Holding crypto…