Decentralized Autonomous Organizations (DAO) are slowly changing the financial realm; here’s a beginner’s guide into the DAO realm. A DAO is a collectively-owned, blockchain-governed community. Member...
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SVB implosion ‘a-soon-to-be-irreversible mistake’ unless government intervenes
The consequences could be “vast and profound” if Silicon Valley Bank is not bailed out, according to billionaire investor Bill Ackman. Ackman warned of an “irreversible mistake” if a...
Virgin Galactic Stock Price Prediction: Make-or-Break for SPEC Stock!
Virgin Galactic stock price had a roller-coaster ride in an interesting symmetric pattern over the daily trading chart. Virgin Galactic share price decreased by 2.35% during Friday’s trading session w...
Here’s What To Expect for Crypto As Silvergate Bank Collapses, According to Ava Labs President John Wu
Ava Labs president John Wu is warning that the crypto industry will be adversely affected by the elimination of onramps into the crypto ecosystem. Asked by Bloomberg’s Caroline Hyde to comment on Silv...
Cardano Founder Supports Algorithmic Stablecoin for BTC’s Vision
Cardano founder Charles Hoskinson believes that algorithmic stablecoins would help to achieve Satoshi Nakamoto’s vision for Bitcoin. According to him, banks will always let users down. Hoskinson was r...
Failed tech bank SVB held over $5B for prominent crypto VCs: Report
According to a report that began circulating on March 11 in the aftermath of the collapse of Silicon Valley Bank (SVB), prominent blockchain venture capitalists (VCs) have over $6 billion worth of ass...
Silicon Valley Bank’s troubles put Circle’s $3.3b USDC reserve at risk
Circle’s USDC, the second-largest stablecoin with a market capitalization of $43b, has been hit by the collapse of Silicon Valley Bank (SVB). On Friday, regulators in California placed the bank under ...
These Companies—Roku, LendingClub, Roblox And More—Held Major Funds In Silicon Valley Bank When It Crashed
Topline Roku—a hardware digital media company known for its streaming devices—held about 26% of its cash at Silicon Valley Bank Financial, according to a securities filing, as other companies have dis...
Warning Signals About Silicon Valley Bank Were All Around Us
Silicon Valley Bank now has the dubious distinction of being the second largest bank failure in the … [+] history of the United States. (Photo by NOAH BERGER / AFP) AFP via Getty Images Silicon ...
Elon Musk Joins Right-Wing Support For ‘QAnon Shaman’ Claiming Jan. 6 Footage ‘Misleading’
Topline Twitter and Tesla CEO Elon Musk suggested Jacob Chansley—known as the “QAnon Shaman”—be freed from imprisonment in a tweet Friday evening, joining far-right figures like Marjorie Taylor Greene...
Breaking Down What Makes The Feel-Good Sports Comedy ‘Champions’ A Winner
(Left to right) Woody Harrelson, Kaitlin Olson and Bobby Farrelly attend the premiere of ‘Champions’ … [+] at AMC Lincoln Square Theater in New York City. Getty Images Champions, the...
Bank Stocks In Decline: A Price Chart Analysis
banks, Silicon Valley Bank getty Silicon Valley Bank collapses and the effects of contagion fear is immediately apparent in the stock price declines of bank stocks all over the country. Photos and vid...
Nine out of top 10 stablecoins trading below peg as USDC contagion spreads – Tether sole survivor
Ad Nine of the top 10 stablecoins by market cap are trading below their dollar peg as the market reels from the contagion sparked by the depeg of Circle’s USDC stablecoin on March 11, according to Cry...
Circle reveals $3.3 billion in USDC reserves remain at insolvent Silicon Valley Bank – Cryptopolitan
Concerns are rising within the cryptocurrency industry following the revelation that $3.3 billion of the approximately $40 billion in USDC reserves remain at Silicon Valley Bank (SVB). This news comes...
US Fund & Venture Capital to Raise $100M for Two Blockchain Funds
1 A US-based digital asset fund and venture capital firm are teaming up to raise $100 million for two new blockchain-focused funds. 2 The funds will be used to invest in a range of blockchain-based te...
Circle says outstanding USDC transactions won’t process until Monday
Circle USDC transactions through Signature Banks Signet network won’t process until Monday, according to a note sent by the company to trading firms. The firm, which founded USDC in 2018 w...
MakerDAO launches emergency proposal to limit USDC exposure
MakerDAO’s risk unit issued an emergency proposal to its governance community following the depegging of the USDC stablecoin after the collapse of Silicon Valley Bank. Maker is the DeFi lending ...
Bears In Control Puts Quant Price At 13% Downside Risk
Published 7 seconds ago QNT Price Prediction: Under the influence of a resistance trendline, the Quant price has given the ongoing correction phase a visible downtrend. This last six-week downfall has...
How to host a decentralized website
Decentralized websites rely on decentralized networks rather than centralized servers to preserve and verify the data’s integrity. Decentralized websites offer a more private, secure and censorship-re...
The IMF Plans to Watch El Salvador and Its BTC Habits Closely
The International Monetary Fund (IMF) has stated that the risks surrounding bitcoin use in El Salvador have not necessarily shown themselves yet. However, the agency has reported it’s necessary to sta...
Bitcoin Price Unfazed By USDC Crisis; Signals Upcoming Bull Run
After suffering significant losses on Friday due to the spread of potential contagion risks from the failure of Silicon Valley Bank to crypto markets, Bitcoin and Ethereum have experienced gains of up...
Crypto whales suffer huge losses due to USDC depeg, SVB collapse
In response to the extraordinary depegging event of the USD Coin stablecoin caused by the collapse of its counterparty Silicon Valley Bank (SVB), crypto whales have reported severe losses and appear t...
DOGE value plummets amidst Silicon Valley Bank collapse and market uncertainty – Cryptopolitan
The recent collapse of Silicon Valley Bank (SVB), a crypto-friendly institution, has triggered a massive sell-off in the cryptocurrency market, causing the value of Dogecoin to drop by 21% in the last...
Ethereum Name Service Price: Change in Momentum Required for ENS
Ethereum Name Service was currently at $11.66 with a decrease of 4.97% during the intraday trading session. The 24-hour low of ENS was $11.72 and the 24-hour high of ENS was $12.69. The current Ethere...
FDR’s Tax Increase Scared Him Off Hiring 87,000 IRS Agents
One of the delicious errors in Thomas Piketty’s Capital in the 21st Century is this assertion: “Roosevelt came to power in 1933 [and] immediately decided on a sharp increase in the top income tax rate...
Top VC Investor Dovey Wan on Market Panic
Vladislav Sopov Primitive Crypto founder Dovey Wan explains why it might be too early to panic amid USDC depegging from U.S. Dollar Contents “Don’t panic”: VC investor Dovey Wan to U...
Cardano Price Prediction: Will ADA Escape its Declining Streak?
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The Weekend Shift: Stablecoins, Bank runs, Grifters
Welcome to the 109th Weekend Shift! What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write a...
Why Airlines Like Extra Fees So Much
Fees for checking luggage have become common at airlines around the world. This is just one of many … [+] fees that airlines now charge. getty Fees for checking bags, picking your seat, getting ...