Changpeng Zhao

2 months agoNews Editor

CZ says banks can fail and reiterates preference for crypto

Changpeng Zhao, known on X as @cz_binance, said banks can indeed go bankrupt and noted that this idea is embedded in the origin of the word “bankrupt.” He added that he still prefers cryptocurrencies. The comment, cited by Techub News, echoes a long-running view among crypto supporters that the traditional financial system is structurally fragile and that decentralized assets offer an alternative. The input also ties Zhao’s remark to earlier liquidity crises at several U.S. banks, which raised market concern over the stability of centralized financial institutions. No additional details were provided on the specific banks or timing. The statement was presented as a brief market analysis item rather than a longer report.

2060

Aave

3 months agoNews Editor 01

Circle Chief Economist Proposes 50% USDC Borrow Rate on Aave to Unclog rsETH Liquidity Crisis

Circle's chief economist Gordon Liao has filed an Aave v3 governance proposal to hike the USDC borrow rate ceiling to 40-50% and lower optimal utilization, aiming to break the liquidity gridlock triggered by the KelpDAO rsETH exploit.

460

AscendEX

3 months agoNews Editor 01

AscendEX Shuts Down Exchange Operations as MiCA Rules and Liquidity Stress Bite

AscendEX stopped operating on July 1, citing MiCA compliance gaps, financial strain, and a failed liquidity deal. Withdrawals now require manual review, with no assurance on timing or full customer recovery.

610

Michael Gayed

3 months agoNews Editor 01

Michael Gayed Warns Tokyo Could Be the Starting Point of a New Liquidity Crisis, Putting XRP and US Treasuries in Focus

Michael Gayed says a new global liquidity crisis could begin in Tokyo, with pressure building across the yen, oil, and US Treasuries. He also points to XRP as a possible channel for cross-border capital during market stress.

1550

bitcoin

3 months agoNews Editor 01

Gold, Stocks, Bitcoin Crash Together: Is It a Liquidity Crisis or AI Bubble Burst?

Despite strong US economic data, gold, equities, and bitcoin tumbled in unison. The real drivers: low bank reserves triggering liquidity strains, and growing doubts over AI-driven capital expenditure by tech giants, signaling a shift in market narrative.

810

DeepSnitch AI

3 months agoNews Editor 01

OpenAI IPO Frenzy Drains Liquidity from DeepSnitch AI's DSNT Token, Price Slides 4%

DeepSnitch AI's DSNT token dropped 4.05% to $0.00192 as OpenAI IPO hype pulls capital toward larger AI names like NEAR and FET. Daily volume sits at $980 with $33K TVL, leaving the token in a low-liquidity sideways drift.

800

BlockFills

3 months agoNews Editor 01

Crypto Trading Firm BlockFills Files Chapter 11 With Liabilities Up to $500M

BlockFills filed for Chapter 11 bankruptcy on March 15 after suspending client withdrawals, facing a $75M loss and a lawsuit from Dominion Capital over alleged asset misappropriation.

790

BlockFills

3 months agoNews Editor 01

BlockFills Seeks Chapter 11 as Asset-Liability Gap Reaches Up to $450 Million

BlockFills operator Reliz Ltd. filed for Chapter 11 in Delaware on March 15, 2026. Court documents show estimated assets of $50 million to $100 million and liabilities of $100 million to $500 million.

820

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