During the week ending March 15, two Federal Reserve backstop facilities were utilized by US banks to borrow a total of $164.8 billion. The traditional liquidity backstop for banks, also known as the discount window, saw a record-high borrowing of $152.85 billion, which increased significantly from the previous week’s $4.58 billion. According to a March…
BlockDown Festival: Portugal, hosted by Web3 Creative Marketing and Communications Agency EAK Digital, will kick off its second annual in-person Web3 and blockchain festival in Algarve, Portugal, on July 10-12, 2023. In keeping with the BlockDown Festival brand of hosting the festivals in unique and unforgettable locations, The Algarve Coast is located in the southernmost…
Ethereum co-founder Vitalik Buterin took to social media to tout the benefits of using multi-sig and social recovery wallets for self-custody of crypto assets. Buterin said that self-custody is important as centralized entities can become untrustworthy and people can lose their funds without notification. However, he added that being solely responsible for the entirety of…
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The cryptocurrency market cap saw net inflows of $58.1 billion over the last 24 hours and currently stands at $1.14 trillion – up 5.4% from $1.09 trillion. Over the reporting period, the market caps of Bitcoin and Ethereum increased by 7% and 4.6% to $515.4 billion and $213.6 billion, respectively. The top 10 cryptocurrencies recorded…
The recent collapse of the Silicon Valley Bank (SVB) and the USD Coin (USDC) de-peg halted the hype around Non-Fungible Tokens (NFTs) while benefitted the activity on Decentralized Finance (DeFi), as the recent DappRadar report revealed. During the weekend of Mar. 11-12, DeFi’s transaction volume surpassed $58 billion across all platforms — while Mar. 11…
As the SEC vs. Ripple ruling looms, Paul Grewal said it is possible Coinbase will relist the XRP token. Speaking to Tony Edward — host of the Thinking Crypto YouTube channel — Grewal said there are several legal uncertainties to give a definitive answer on relisting. The U.S. securities regulator alleged Ripple had sold unregistered…
Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information you…
Euler (EUL) Finance exploiter sent 100 Ethereum (ETH) — worth $170,468 — to the Ronin Bridge exploiter on March 17. On-chain analyst Lookonchain questioned whether the transaction showed that the two hackers were the same person or if the transfer was intentional. The Ronin Bridge exploit was linked to the infamous North Korean hacker group…
Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information you…