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πŸš€ CryptoAttack is the fastest 24/7 crypto news aggregator. This is the English version, at the moment we work with auto-translator, so there might be some errors.

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πŸ‘€ Circle has a small amount of reserves in Silicon Valley Bank, and 80% of its reserves in USDC are US Treasuries. circle.com
πŸΏπŸ‘€ When TechCrunch reached out to #USDC issuer Circle for comment on the status of reserves due to SVB, the rep said, "We're working on this internally and I'll keep you posted when I have an answer to share."
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πŸ‘€ The #ETH Ethereum Shanghai upgrade could benefit liquidity staking providers and solidify ETH's dominance in the first tier.
ETH holders and DeFi protocols offering liquid staking derivative services could be the biggest beneficiaries of the upcoming Ethereum Shanghai upgrade.
#staking @cryptoattackbot cointelegraph.com
πŸ“ˆ #MTA +10% Four DeFi projects will submit bids to acquire mStable, said protocol strategist alias 0xloth. dHEDGE filed first application on the mStable forum.
πŸ₯³πŸΏ #USDC ByBit 130% APR for short USDC
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πŸΏπŸ‘€ #SIVB SVB is one of the top 20 banks in the US (-80% in the last 3 days) that offers crypto services to various venture capitalists such as Sequoia and a16z 93% of SVB deposits of $161.9 billion not insured The 4 largest US banks lost $52 billion in…
πŸΏπŸ‘€ According to a new bankruptcy filing, BlockFi has $227 million in SVB (#SIVB). On Monday, the bankruptcy trustee warned them that because the funds are in a money market mutual fund, they are not backed by the FDIC, which could be a problem with bankruptcy compliance.
πŸ‘€ Circle holds undisclosed USDC cash reserves in Silicon Valley Bank. coindesk.com
πŸ‘€ Circle: Silicon Valley Bank is one of its 6 cash reserve banks and USDC continues to operate as normal. twitter.com
πŸ‘€ BlockFi holds $227 million in uninsured funds in Silicon Valley Bank.
πŸ‘€ Circle, Tether and Paxos to find new banking partners theblock.com
πŸ‘€ The Bank of England plans to apply to involve the UK branch of Silicon Valley Bank in the insolvency case bankofengland.co.uk
πŸ‘€ Blur: No access to SVB for main contributors. twitter.com
πŸ‘€ US Securities and Exchange Commission Rejects VanEck's Application to Set Up Bitcoin Spot Trust cointelegraph.com
πŸ‘€ Yuga Labs, Azuki and other NFT projects own a small stake in Silicon Valley Bank and operations are unaffected
πŸ‘€ After Circle revealed that some of its cash reserves are being held in a Silicon Valley bank, USDC briefly lost its peg and has now dropped to the $0.98 range.
πŸ‘€ Due to the need to manage risk, Binance has suspended the automatic conversion of USDC to BUSD. twitter.com