Author: Bitcoin News
đź’Ą A bank collapse, explained
Plus: Scrolling Star Wars, feedback tips for leaders, a good tweet, and more. View Online Boxer Floyd “Money” Mayweather lived up to his nickname by upgrading his Rolls-Royce limo, which now sports mink rugs and a 45-inch TV. Total cost: $180k — enough to field a full baseball lineup of Kia Souls. In today’s email:…
Read MoreBitcoin Rises as FDIC Backs Up Silicon Valley Bank Customers
Plus, Circle’s USDC stablecoin falls below $1 peg. March 13, 2023 The latest moves in crypto markets, in context By Lyllah Ledesma, CoinDesk reporter Was this newsletter forwarded to you? Sign up here. Welcome to Monday. Here’s what’s happening in crypto today: Bitcoin gains as the FDIC backstops Silicon Valley Bank depositors. Circle’s…
Read More🏴 Silicon Valley Goes Bankless
Weekly Recap: RIP SVB, Silvergate liquidates. Silicon Valley Goes Bankless By Bankless – 11 Mar 2023 – View online → Dear Bankless Nation, Welp, what a way to end the week. Days after Silvergate entered voluntary liquidation, startup-land's Silicon Valley Bank failed Friday in a shocking blow-up. For our weekly recap, we dig into:…
Read MoreNot so stable coins
gm — though it is not a very good morning for the markets. The coins are deeply in the red after the double whammy collapses of Silvergate and Silicon Valley Bank this week. Most of all, focus has turned to USDC and other stablecoins that have lost their dollar pegs after USDC issuer Circle disclosed…
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