DeFi faces stress test, DoJ fears run on Binance, Hong Kong’s…

DeFi faces stress test, DoJ fears run on Binance, Hong Kong’s…

Top Stories This Week The decentralized finance (DeFi) ecosystem experienced a challenging week after a seismic security incident led to over $61 million being stolen from Curve Finance’s pools, leaving several protocols facing…

Federal Reserve Says Higher Rates Could Exacerbate Stress For Banks, But What of Bitcoin?

Federal Reserve Says Higher Rates Could Exacerbate Stress For Banks, But What of Bitcoin?

Historically high-interest rates in the United States could “exacerbate” stress in an already shaky banking system, said a member of the Federal Reserve’s Board of Governors on Wednesday.  The governor also hinted that…

Stress test? What Biden’s bank bailout means for stablecoins

Stress test? What Biden’s bank bailout means for stablecoins

The collapse of Silicon Valley Bank (SVB), which suffered a bank run after revealing a hole in its finances over the sale of part of its inflation-hit bond portfolio, led to a depegging…

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