First Digital redeems $26M after FDUSD depeg, dismisses Sun insolvency claims
First Digital Trust (FDT) has redeemed almost $26 million in stablecoin withdrawals after its FDUSD token briefly lost its US ...
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Tag: insolvency
3AC-related OX.FUN denies insolvency rumors, Bybit goes to war: Asia Express
Su Zhu and Kyle Davies’ latest insolvency drama (JefeDAO) OX.FUN, a memecoin exchange that emerged from the remnants of Open ...
US regulators shut down Signature Bank despite ‘no insolvency’: Report
Barney Frank, a former member of the United States House of Representatives, has reportedly suggested that New York regulators closed ...
Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount
Several USD Coin (USDC) holders have fled to other stablecoins since March 10 amid fears surrounding its solvency following the ...
Crypto Market Tanks amid Worries of Silvergate Bank’s Insolvency
As the Silvergate crisis spreads across the broader market, investors have been shoring up stablecoins with USDT and USDC witnessing ...
NYDFS advises crypto firms not to commingle user and corporate funds in the event of insolvency
The New York Department of Financial Services, or NYDFS, has released guidelines on how licensed crypto firms should handle customer ...
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