Charles Hoskinson Displeased By Misleading Comments On Cardano’s Governance.

In a lengthy Twitter thread, a product leader and Web3 advisor Vanessa Harris explained the downsides of the Cardano Cardano governance body. CIP-1694 is a Cardano upgrade expected to introduce the Cardano network into the Voltaire era. origin »

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First Block in the beating heart of the blockchain emerging market.

Three Entrepreneurs with a combined 20 years of expertise in the blockchain sector to deliver a comprehensive range of Web3 services to clients. STOCKHOLM, SWEDEN – Swedish-based company FirstBlock, today announces the official launch of its full range of Web3 and blockchain consultancy services that aims to create value using blockchain technology to meet industry […] origin »

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Meta to Launch Decentralized Social Network.

Coinspeaker Meta to Launch Decentralized Social Network The new text-based content app, codenamed P92, will be backed by ActivityPub - a decentralized social networking protocol. Meta to Launch Decentralized Social Network origin »

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FDIC bidding for Silicon Valley Bank is in progress: Report.

The FDIC reportedly started an auction process late on March 11 for Silicon Valley Bank. Bids were to be open for just a few hours. origin »

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Silicon Valley Bank Falls – Will US Interest Rates Drop To 3.75%?.

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Shiba Inu Whales Shed Trillions Of Tokens On Shibarium’s Launch Day.

The number of Shiba Inu tokens held by large investors, or “whales,” dropped significantly on March 11, the day of the eagerly awaited public beta launch of Shibarium, also known as PuppyNet. origin »

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Watch these 5 cryptocurrencies for a potential price rebound next week.

Bitcoin is trying to sustain above $20,000 and if it succeeds, ETH, MATIC, TON and OKB may witness a strong recovery.

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UK regulators moving ‘at pace’ to deliver plan for tech firms hurt by SVB collapse.

An emergency plan to rescue startups and tech companies affected by the Silicon Valley Bank collapse is underway in the United Kingdom. origin »

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Silicon Valley Bank: Elon Musk Shows Interest In Buying SVB After Collapse.

There might be some hope for Silicon Valley Bank to spring back to life. Twitter and Tesla big boss Elon Musk hinted at the possibility of the social media behemoth purchasing the beleaguered Silicon Valley Bank. origin »

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Shiba Inu Continues To Reduce Token Supply, Removes 490 Million SHIB In One Day.

Shiba Inu is among the tokens that use a burning mechanism. It has continually burnt millions of SHIBs to balance its demand and supply, sometimes pushing the price slightly. The network removed 490 million SHIBs in one day in this latest burn. origin »

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Stablecoins rally as Circle announces it will cover all USDC redemptions 1:1.

Quick Take On Saturday, March 11, Circle CEO Jeremy Allaire announced that Circle pledges to cover any shortfall in the assets backing USDC if it does not receive the entirety of a $3. 3 billion cash reserve held at Silicon Valley Bank. origin »

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Management Software Can Help Bitcoin Miners Realize Their Energy Potential.

With effective management software, bitcoin miners can take full advantage of the industry’s unique efficiencies and potential profits. origin »

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Huobi Token (HT) Experiences a Flash Crash But Swiftly Recovers.

Coinspeaker Huobi Token (HT) Experiences a Flash Crash But Swiftly Recovers Interesting price action was experienced in Huobi Token over the past 24 hours in which the digital currency, native to the Huobi Global exchange experienced a flash crash with its price dropping by as much as 93%. origin »

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Blockchain.com Decides to Shut Down London-based Crypto Asset Management Wing.

Coinspeaker Blockchain. com Decides to Shut Down London-based Crypto Asset Management Wing Citing the strong deterioration in the macroeconomic data, Blockchain. com decided to shutdown BACM that served institutional players. origin »

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Bakkt Q4 2022 Earnings Result Reveal Worse-than-Expected Adjusted Earnings.

Coinspeaker Bakkt Q4 2022 Earnings Result Reveal Worse-than-Expected Adjusted Earnings In its Q4 2022 report, fintech Bakkt also revealed plans to tie up its acquisition of crypto exchange Apex Crypto. origin »

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Silicon Valley Bank CEO Reassuring Clients after 60% Shares Slump.

Coinspeaker Silicon Valley Bank CEO Reassuring Clients after 60% Shares Slump Silicon Valley Bank operating as SVB Financial Group is seeing the worst of its days with its share price plunging by 23. origin »

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Multiple Portfolio Companies Withdraw Funds from Silicon Valley Bank.

Coinspeaker Multiple Portfolio Companies Withdraw Funds from Silicon Valley Bank Crypto venture capital firms advised their portfolio companies to pull their investments from American commercial bank Silicon Valley Bank (SVB). origin »

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Coinbase Launches New Web3.0 Discovery Surface.

Coinspeaker Coinbase Launches New Web3.0 Discovery Surface The new web3 discovery surface will afford users the opportunity of exploring the best decentralized applications (dApps) available on Web3. Coinbase Launches New Web3.0 Discovery Surface origin »

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Avorak AI Low Token Supply Could Cause Price To Spike Faster Then Big Eyes, Metacade or Fightout.

A low token supply could potentially cause the price of a cryptocurrency to increase rapidly due to the basic economic principle of supply and demand. When the cryptocurrency supply is limited, but its demand remains high or increases, the price may rise as buyers compete for the limited supply. Such is the case with Avorak […] origin »

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Bloomberg's McGlone Predicts GBTC Litigation May Mark Milestone for Bitcoin (BTC).

Bloomberg's senior commodity strategist Mike McGlone stated that ongoing legal battle between Grayscale Bitcoin Trust (GBTC) and US Securities and Exchange Commission (SEC) could mark significant turning point for Bitcoin origin »

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Why is DPAT Worth Investing in Over Klaytn (KLAY) and Zilliqa (ZIL).

Direct Property Africa (DPAT) is a breakthrough protocol that enables individual investors to access the African investment landscape by utilizing Web3 technology and asset backed tokens. The platform is the first-of-its-kind allowing the global crypto community to easily buy, sell, and exchange asset backed infrastructure tokens in major African projects making participation transparent, affordable and […] origin »

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How blockchain technology revolutionizes digital ownership?.

Blockchain technology transforms digital ownership with secure and transparent ownership tracking. Explore how it establishes proof of digital ownership. origin »

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US Treasury Secretary Yellen working on SVB collapse, not a bailout: Report.

Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse, but not considering a major bailout. origin »

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How and why do stablecoins depeg?.

Discover the causes and mechanisms behind stablecoin depegs.

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USDC Hits All-Time Low As Investors Pull Out Funds From The Stablecoin.

USDC has been hit with a bearish wave following news of the collapse of Silicon Valley Bank on March 11. The stablecoin issuer Circle had revealed that it had $3. 3 billion in deposits with the defunct bank, contributing to uncertainty regarding USDC. origin »

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Over 100 VCs, investors voice solidarity with Silicon Valley Bank.

Approximately 125 VCs and investors signed a statement supporting Silicon Valley Bank to limit the fallout of the bank’s collapse and the subsequent impact on tech companies. origin »

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Do Kwon had the right idea, banks are risk to fiat-backed stablecoins — CZ.

Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of stablecoins. origin »

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Will The United States Federal Reserve Bail Out Silicon Valley Bank?.

The collapse of Silicon Valley Bank has sent shockwaves through the financial world, with many wondering whether the United States Federal Reserve will step in and bail out the startups and venture capital lender. origin »

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Op-ed: Why the USDC depeg is not a reason to panic.

The following is a guest post by Anndy Lian.

The post Op-ed: Why the USDC depeg is not a reason to panic appeared first on CryptoSlate.

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Circle to ‘Cover Any Shortfall’ in USDC Reserves, Sparking Stablecoin Rally.

The company plans to use corporate resources to fill the gap, including external capital. origin »

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OpenAI Introduces More AI Customization Tools for Users.

Coinspeaker OpenAI Introduces More AI Customization Tools for Users ChatGPT creator OpenAI plans to create more customization resources for its teeming AI subscriber base to offer an overall improved service. origin »

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Biden Administration Seeks to End Crypto Tax Subsidies and Fix the Loophole.

Coinspeaker Biden Administration Seeks to End Crypto Tax Subsidies and Fix the Loophole The Biden administration seeks to terminate the tax-loss harvesting strategy for crypto investors which would help the White House save $31 billion over a ten year period. origin »

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Crypto And AI: How Avorak AI Helps Bridge The Gap In 2023.

The emergence of blockchain technology and artificial intelligence has paved the way for innovative solutions across various industries. The combination of these two technologies has proven to be a powerful force, and Avorak AI is at the forefront of this integration. origin »

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