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Circle's USDC sees $1B in net redemptions since SVB's shutdown and is slightly depegged, after Circle said SVB is one of six banks managing USDC cash reserves (Krisztian Sandor/CoinDesk)

March 11, 2023
Photo of Circle's USDC sees $1B in net redemptions since SVB's shutdown and is slightly depegged, after Circle said SVB is one of six banks managing USDC cash reserves (Krisztian Sandor/CoinDesk)

[ad_1] Krisztian Sandor / CoinDesk: Circle’s USDC sees $1B in net redemptions since SVB’s shutdown and is slightly depegged, after…

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FTX-linked Alameda Research withdrew ~$37M worth of wrapped bitcoin from crypto exchange FTX.US on Wednesday (Krisztian Sandor/CoinDesk)

November 9, 2022

[ad_1] Krisztian Sandor / CoinDesk: FTX-linked Alameda Research withdrew ~$37M worth of wrapped bitcoin from crypto exchange FTX.US on Wednesday …

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Block's bitcoin-focused TBD subsidiary partners with Circle to build infrastructure for cross-border, dollar-linked stablecoin transfers and savings (Krisztian Sandor/CoinDesk)

September 29, 2022

[ad_1] Krisztian Sandor / CoinDesk: Block’s bitcoin-focused TBD subsidiary partners with Circle to build infrastructure for cross-border, dollar-linked stablecoin transfers…

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In a bankruptcy filing, Celsius says it expects ~$70M of "proceeds from repayment of USD denominated loans", which could help it operate through the end of 2022 (Krisztian Sandor/CoinDesk)

September 2, 2022

[ad_1] Krisztian Sandor / CoinDesk: In a bankruptcy filing, Celsius says it expects ~$70M of “proceeds from repayment of USD…

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