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Tag: Billion

$USDC Regains Its Peg After U.S. Treasury Department Says Depositers of SVB Will Be Made Whole

On Sunday (March 12), the crypto market had a great to reason to cheer after U.S. Secretary of the Treasury Janet L. Yellen, Federal...

Garlinghouse: Some of Ripple’s Cash Is at SVB, but Firm’‘Remains in a Strong Financial Position’

On Sunday (March 12), just two days after Silicon Valley Bank (SVB) was closed by Californian regulators and placed under the control of the US...

How Not to Bank: Lessons for Web3 Startups from Silvergate Shutdown and SVB Bank Run

Banking.This is one thing that crypto wanted to change right from the start.I mean think about the buzzwords + phrases:“Bank the unbanked”“Decentralized banking”“Banking for...

XRP Price Prediction: XRP Hints at a 7% Upswing Before the Next Bear Cycle Begins

Published 15 hours ago XRP Price Prediction: the XRP price continues to resonate between the two downsloping trendlines of a...

New Bank Run Already Underway at Second Regional Bank After SVB Collapse, Says Investor David Sacks

Former PayPal executive, tech investor and entrepreneur David Sacks says another bank run is already underway at a second regional bank following the abrupt...

South Korea Announces Dedicated Funding To Boost Metaverse Projects

The Ministry of Science and ICT of South Korea has announced funding for a special fund. The government acknowledges that it is challenging...

This Week on Crypto Twitter: Crypto Has a Banking Crisis

Prices took a dive this week as two banks closely connected to the crypto industry both sank. The first was Silvergate, an actual crypto...

Silicon Valley Bank Bailout Ruled Out By Treasury Secretary Janet Yellen

Treasury Secretary Janet Yellen said Sunday that the federal government is not considering a bailout for Silicon Valley Bank, but is focused on addressing...

U.S. authorities preparing ‘material action’ to curb SVB contagion

United States authorities are working on "material action" over the weekend in an attempt to limit the ripple effect across the country's banking system...

BTC Price Prediction: Can Bitcoin Price Retest to 200 Moving Average Restore Bullish Recovery?

Published 2 hours ago BTC Price Prediction: The last three weeks’ correction phase has plunged the Bitcoin price from a...

Saudi Arabia announces the creation of a new national company , Riyadh Air – formerly known as RIA

Saudi Arabia Crown Prince and Prime Minister Mohammad Bin Salman announced on Sunday the establishment of Riyadh Air, a wholly owned company by the...

Cardano’s Charles Hoskinson On Why Algorithmic Stablecoins Are Key to Resolving Constant Depegs

Advertisement &nbsp &nbsp Cardano network’s founder Charles Hoskinson has expressed support for algorithmic stablecoins in the long run, noting that they are necessary to...

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