MEV Rewards on Ethereum Reach All-Time High During SVB Bank Run and USDC Depeg
Profits made from MEV were more than twice as high as the last peak during the FTX implosion.
Circle USDC Rebounds From De-Pegging, but Stablecoin Observers See an Uncertain Future
Nearly 4 billion USDC has been removed from the circulating supply since Friday with more USDC being burned than...
Bitcoin Gains Early, Fades Late to Trade Below $25K
BTC had surged to a 9-month high above $26,500 after the latest inflation data before retreating.
EU Parliament’s Smart Contract Plans Limit Standard-Setting Promise, EU Commissioner Says
Controversial lawmaker proposals on data use may no longer meet original objectives, Thierry Breton told reporters
SEC Is ‘Completely Out Of Control,’ Says a16z Crypto’s Head of Policy
At the annual Futures Industry Association conference in Boca Raton, representatives from crypto companies argued the lack of regulatory...
EU Parliament Passes Bill Requiring Smart Contracts to Include Kill Switch
The new law has attracted criticism for endangering the immutable nature of blockchain-based conditional programs
Bitcoin Nears $25K as Interbank Funding Stress Indicator Surges to Highest Level Since COVID Crash
Banking sector stress strengthens the case for Fed pause next week. Likely beneficiaries from the financial stress are gold...
India’s Crypto Industry Finally Sees Lawmakers Engaging
The event managed to bring senior leaders from India’s ruling party and the opposition benches.
Coinbase Files Amicus Brief in Insider Trading Case: ‘We Need Rulemaking’
The exchange denies that any of the tokens former Coinbase manager Ishan Wahi inside-traded with associates were securities because...
Banking Crisis Won’t Kill Crypto-Banking Despite Short-Term Pain
From alternative banks to on-chain banking, crypto banking still has plenty of options, experts say.
Bitcoin Spike to $24.5K Stemmed From Regulators’ Bank Interventions, Binance Stablecoin Conversion, Investor Hopes for Fed Dovishness
Investment banking giant Goldman Sachs analysts have predicted that the U.S. central bank will not raise interest rates at...
This DeFi Protocol Just Got Hacked. Its Token Is Still Doing Better than a Major US Bank’s
Shares of Euler token fell 50% hours after an exploit on its protocol while First Republic shares fell roughly...
Is This a Crypto Banking Bailout?
It depends on who you ask, but this round of government interventions doesn’t yet resemble the large-scale, taxpayer-involved rescue...
MakerDAO Weighs Using Emergency Switch to Prevent Future DAI Depegging
The community proposal comes just two days after DAI followed its fellow stablecoin USDC in slipping beneath the one-dollar...
Three Arrows Capital Co-Founder Kyle Davies: No Pending Lawsuits or Regulatory Action
Davies spoke to CoinDesk from an office in Dubai.
$70M in Fresh On-Chain USDC Positions at Risk of Liquidation if Stablecoin Depegs by 10%
Traders betting on a USDC revival are in healthy profit but downside risk remains in the event of another...