Silicon Valley Bank’s (SVB) high-profile implosion last week whipped up a frenzy of decentralized finance (DeFi) transactions, according to market intelligence platform DappRadar. DappRadar notes in a new report that DeFi tends to be highly susceptible to market concerns and crashes. Last weekend, USD Coin (USDC) lost its peg to the US dollar following news […]

The post Silicon Valley Bank Implosion Whipped Up Frenzy of DeFi Transactions As Crypto Assets Rebounded: DappRadar appeared first on The Daily Hodl.

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The post Silicon Valley Bank Implosion Whipped Up Frenzy of DeFi Transactions As Crypto Assets Rebounded: DappRadar appeared first on The Daily Hodl.
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