# Stargate foundation advises DAO against reissuing STG tokens

# Stargate foundation advises DAO against reissuing STG tokens

” Stargate foundation advises DAO against reissuing STG tokens “ Stargate Foundation has advised its decentralized autonomous organization (DAO) against reissuing Stargate’s native Stargate Finance (STG) token due to concerns raised by FTX liquidators. The liquidators have expressed the belief that such a move would violate the automatic stay and could result in legal repercussions. In March…

Read More
# USDC depegged, but it’s not going to default

# USDC depegged, but it’s not going to default

” USDC depegged, but it’s not going to default “ Over the past week, investors understandably became concerned over the news that billions of dollars backing USD Coin (USDC) — the second-largest stablecoin — were locked up in the distressed Silicon Valley Bank (SVB). The market reacted violently, causing USDC to lose its dollar peg….

Read More
# Privacy-focused blockchain network closes Aztec Connect tool

# Privacy-focused blockchain network closes Aztec Connect tool

” Privacy-focused blockchain network closes Aztec Connect tool “ Privacy-oriented blockchain platform Aztec is preparing to shut down Aztec Connect, the network’s privacy infrastructure serving as the encryption layer for Ethereum. Aztec Network officially announced the upcoming closure of Aztec Connect, planning to disable Aztec Connect deposits from front-ends like zk.money and zkpay.finance on March…

Read More