Metaverse Matters
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Euler Finance Attackers Shift Stolen Funds to Tornado Cash
It is reported that according to PeckShield monitoring, Euler Finance attackers have begun to transfer stolen funds to Tornado Cash, and at least 100 Ethereum h
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Euler Finance’s Commitment to Safety and Security
On March 13, the loan agreement Euler Finance tweeted: \”Our team is currently working with security professionals and law enforcement departments. We will relea
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EUL experiences short-term decline
According to the report, the market showed that EUL fell below 3 USDT in the short term and is now at 3.4561 USDT, with a drop of 41.15% in 24H.
EUL fell below -
OKCoin Suspended US Dollar Deposits and OTC Transactions
It is reported that Hong Fang, CEO of OKCoin, said on Twitter that OKCoin suspended US dollar deposits and OTC transactions through wire transfer and ACH, and o
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Digi: A More Streamlined Meta Universe Game Portal
On March 13, according to the official news, Digination, the meta universe game portal, has completed the brand upgrade and will change its name to \”Digi\”. At t
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DeFi Platform Euler Finance Experienced Major Attack
On March 13, the independent analyst CIA Office said on Twitter that according to the monitoring of the security team BlockSec, the DeFi loan agreement Euler Fi
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IMF Warns G20 Countries of Risks Posed by Encrypted Assets
It is reported that the International Monetary Fund (IMF) has warned G20 countries that the widespread use of encrypted assets may cause banks to lose deposits
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Bank of the First Republic of the United States suffers significant stock market losses
It is reported that the Bank of the First Republic of the United States stock market fell more than 20% before the opening of the session, and fell nearly 30% i
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Smaller banks continue to support cryptocurrency businesses amid a crackdown.
On March 13, Larry Cermak, Research Director of The Block, tweeted that three US banks providing banking services for the cryptocurrency business were eliminate
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Blockchain and Digital Currency Sectors Experience a Positive Turn in the Stock Market
According to the news, the A-share closed with the Shanghai Composite Index at 3268.7 points, up 1.2%, the Shenzhen Composite Index at 11505.02 points, up 0.55%
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“Europeum”: A New Blockchain for EU Public Services and Compliance
On March 13, the Belgian Digital Minister Mathieu Michel said in an interview that after the regulation of cryptocurrency, European politicians are considering
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Binance Industry Recovery Fund Successfully Recovers Assets
On March 13, according to WhaleAlert monitoring, the remaining assets of the Binance Industry Recovery Fund, 985 million BUSDs, have all been transferred to the
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Hong Kong to host high-level meetings on banking supervision and innovation
It is reported that the Hong Kong Monetary Authority (hereinafter referred to as the HKMA) will hold two high-level meetings in late March that mainly invite re
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Ethereum Layer 2 Lock-up drops to $6.17 Billion, Top Five Locked Positions Revealed
It is reported that according to L2BEAT data, the current total lock-up of Ethereum Layer 2 fell to $6.17 billion, down 0.31% on the 7th. Among them, the top fi
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Netanyahu to weigh in on the impact of Silicon Valley banks’ collapse on Israeli companies
According to reports, Israeli Prime Minister Benjamin Netanyahu said that the government would assess the impact of the collapse of Silicon Valley banks on Isra
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High probability of a 25 basis point interest rate hike in March
It is reported that according to the CME Federal Reserve, the probability of the Federal Reserve raising interest rates by 25 basis points in March to the range
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Kraken’s Message: Strengthen Diversification and Self-Hosting
It is reported that Kraken, the cryptocurrency exchange, tweeted that Kraken\’s dollar funds would not be affected. However, recent events should ring the alarm
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Merkle Tree as a Solution to the Verification of Bank Reserves
It is reported that Zhao Changpeng, the founder of Coin Security, tweeted that since banks are audited, a bold idea is that perhaps banks should use merkle tree
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USDC Continues to Cast a Positive Spell on Crypto Markets
On March 13, Nansen said on Twitter that at 9:43 Beijing time, Circle cast about 407.8 million USDCs, which is the largest USDC cast in the past seven days. The
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DeFi Agreements Record Blazing Transaction Volume
It is reported that according to the DEX data collected by Dune user @ hagaetc, the transaction volume of six DeFi agreements in the past seven days has exceede
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Mixed Results for Chinese Stock Market at Opening
According to the news, at the opening of A-share market, the Shanghai Composite Index closed at 3228.12, down 0.06%, the Shenzhen Composite Index closed at 1140
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HSBC Holdings Eyes Acquisition of Silicon Valley Bank’s British Branch
It is reported that HSBC Holdings has become a potential bidder for the British branch of Silicon Valley Bank. At present, the British government is trying to e
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US President Joe Biden’s Commitment to Strengthening Large Banks’ Supervision
On March 13, US President Joe Biden said that he was pleased that the Ministry of Finance had quickly solved the problem of banks in Silicon Valley, and would c
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SEC investigation on Bank of Silicon Valley’s possible involvement in Nansen’s circle
21:00-7:00 Key words: Circle, SEC, Bank of Silicon Valley, Nansen
Overview of important developments overnight on March 12
Analysis based on this information:
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Large Portions of USDC Locked and Unredeemable: Implications for Crypto Investors
It is reported that Conor, the business director of Coinbase, tweeted that it is noteworthy that a large part of USDCs are sticky and will not/cannot be redeeme
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Pure Speculation and the Closing of Banks
It is reported that CZ, the chief executive of Coin Security, said on social media that pure speculation almost feels like a concerted effort to close cryptocur