Curve liquidation risk poses systemic threat to DeFi even as founder scurries to repay loans
On July 30, Curve Finance, a decentralized exchange on Ethereum, suffered a hack due to a vulnerability in certain pools...
systemic
Europe’s Systemic Risk Board Raises Alarm Over Crypto and DeFi
The European Systemic Risk Board (ESRB) said Thursday despite a volatile year for crypto, its effect on traditional financial systems...
A Stablecoin Bank Run Could Pose “Systemic Risk” to the Financial System: EU Watchdog
The European Systemic Risk Board (ESRB) published a report on Thursday outlining the top 3 nightmare scenarios in which a...
Crypto Industry Faces Systemic Risk From Bige Tech Firms
Crypto entrepreneur Balaji Srinivasan has described Google and Apple as systemic risks to the crypto industry. The former Coinbase CTO tweeted this...
Banks are bringing systemic risks to crypto, says Circle’s Disparte
Dante Disparte, the chief strategy officer and head of global policy at Circle Internet Financial, discussed the systemic risks that...
Feds Close Crypto-Focused Signature Bank Citing Systemic Risks
Signature Bank is the next bank to be closed by Federal regulators. Regulators closed the crypto-focused bank, citing systemic risk....
U.S. shuts Signature Bank, lender to Paxos, Coinbase, citing systemic risk
U.S. regulators closed New York-based Signature Bank, one of the biggest lenders in the crypto industry, due to risks of...
Cryptocurrency DeFi Lending and Risk of Systemic Collapse
Systemic risk increases in proportion to the degree of interconnectedness between crypto-assets and the traditional financial sector, use of leverage,...
Crypto Crash Isn’t a ‘Systemic Issue,’ Evercore’s Julian Emanuel Says
The steep drop in cryptocurrencies and the recent implosion of a $19 billion stablecoin aren’t enough to label the sector...
A new financial system without systemic control
Disclaimer: The following text is an advertorial article not written by Cryptonews.com journalists. The parabolic growth of decentralized finance over...