Anthony Scamarucci, the founder of SkyBridge Capital, wants the United States Federal Reserve (Fed) to intervene in the aftermath of the Silicon Valley Bank’s (SVB) collapse.
3 Must Have Coins Of 2023: Chiliz (CHZ), Polkadot (DOT), and HedgeUp (HDUP)
It is no longer news that crypto market is here to stay. Despite the significant risk that comes with their volatility, cryptocurrencies have proven to be a viable investment option. As the new year starts, crypto investors and enthusiasts are curious about which cryptocurrency tokens they should buy in 2023. This article will look at […]
Gary Gensler: Is the SEC Chair Cryptocurrency’s Greatest Threat?
Who is the regulatory enforcer, Gary Gensler? Continue reading at DailyCoin.
South Korea launches ‘Metaverse Fund’ to expedite domestic initiatives
With the help of the Metaverse Fund, South Korea will support the mergers and acquisitions of various firms from the metaverse ecosystem.
Hybrid DEX, INNODEX, emerges amid FTX, Silvergate liquidity crises
NvirWorld’s INNODEX might offer a solution amid failure of Silvergate, Silicon Valley Bank, and FTX
Silicon Valley Bank UK Closed by Bank of England (BoE)
The bank liquidators would be responsible for handling the remaining SVB UK assets. Major blockchain VCs had over $6 billion in assets with the bankrupt financial firm. In a statement made on March 10th, the Bank of England (BoE) announced that SVB UK will “stop making payments or accepting deposits” because BoE planned to petition […]
PancakeSwap’s attempt to flip Uniswap’s TVL thwarted for now
PancakeSwap enhances its strategy for its next attempt at surpassing Uniswap’s TVL. The latest transaction volume data reveals a win for PancakeSwap. PancakeSwap and Uniswap have been locked in a battle of the DEXes for some time but the latter has been winning. There have been instances where PancakeSwap almost took the lead and recent […]
South African Rand Plunges to New 2023 Low Versus the US Dollar
Just a few weeks after tapping its best exchange rate versus the greenback in 2023, the South African rand fell to a new 2023 low of 18.636 local currency units for every dollar on March 7. South Africa’s power shortages as well as the country’s recent grey-listing by the Financial Action Task Force (FATF) are […]
Vitalik Buterin Deposited 500 ETH to Mint This Token, Here’s Why
Vitalik Buterin deposits 500 ETH to mint token not everyone is familiar with
MakerDAO Devises Emergency Plan To Safeguard DAI Stablecoin
The value of DAI, a stablecoin tied to the U.S. dollar, fell to an all-time low of $0.88. The stablecoin issuer has recommended similar measures for DeFi protocols. MakerDAO has developed a contingency strategy to shield its native stablecoin DAI from additional exposure to potentially unstable stablecoins amidst the volatility that has plagued the crypto […]