Tag: funds

EUR/USD gaps up as US Dollar gets shunned in the open

ForexMarch 12, 2023

Share: EUR/USD bulls in the market at the open. EUR/USD jumps in a gap to start the week after NFP. EUR/USD 1.0590...

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

BlockchainMarch 12, 2023

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

BlockchainMarch 12, 2023

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

BlockchainMarch 12, 2023

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

USDC Volatility Lifts Bitcoin’s Coinbase Premium to 3-Year High

BlockchainMarch 12, 2023

"When news broke that Circle's funds were stuck in Silicon Valley Bank, users rushed to redeem their USDC for USD," Ignas said. "On Coinbase,...

Robert Kiyosaki Warns of Another Bank Crashing Amid Recent Fallout

BlockchainMarch 12, 2023

Kiyosaki and Sharon Lechter wrote the book “Rich Dad, Poor Dad” in 1997. In February, he predicted that Bitcoin will be worth $500,000...

Silicon Valley Bank Bailout Ruled Out By Treasury Secretary Janet Yellen

BlockchainMarch 12, 2023

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

Crypto Romance Scams Were Prominent This Valentine’s Day

BlockchainMarch 12, 2023

Valentine’s Day this year was wrought with chocolates, roses, and a few dozen romance scams. The Federal Bureau of Investigation (FBI) says several of...

Silicon Valley Bank Collapse Impacts Gaming and Esports Companies

GamingMarch 12, 2023

While the majority of LA’s top companies bear no ties to the Silicon Valley Bank, one of the prominent VC fund founders has called...

Ripple CTO Says Silicon Valley Bank Was ‘Insolvent’ Even Before the Bank Run Took Place

BlockchainMarch 12, 2023

Recently, David Schwartz, CTO at FinTech firm Ripple, explained why he believes that Silicon Valley Bank (SVB) — which was closed by Californian regulators...