Metaverse Matters
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Investment Industry Rallies Together to Support Silicon Valley Bank
On March 12, more than 100 venture capital and investment companies signed a statement in support of the Silicon Valley Bank, which is part of an increasing num
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USDC Signals a Strong Rebound in the Cryptocurrency Market
According to the report, according to CoinGecko data, the price of USDC has rebounded to above US $0.96 and is currently at US $0.961463.
USDC has rebounded to -
Bank of Silicon Valley Rating Downgraded to Default by S&P Rating Agency
It is reported that the rating agency S&P downgraded the rating of the Bank of Silicon Valley to D, that is, the \”default\” rating, and then withdrew the rating;
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BlockFi’s Unprotected Funds Cause Legal Concerns
It is reported that according to a bankruptcy document, BlockFi, a cryptographic lending institution, has 227 million dollars of \”unprotected\” funds in Silicon
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Preferred Bank Confirms No Risk Exposure to Venture Capital and Cryptocurrency
It is reported that Preferred Bank said that the company has no risk exposure in the field of venture capital and cryptocurrency.
Balfour Beatty Bank: no risk e -
United States SEC Rejects Rule Change on VanEck Bitcoin Trust
It is reported that the United States Securities and Exchange Commission (SEC) on March 10 ordered against a rule change that allowed the investment company Van
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Canadian Crypto Company Reports No Risk Exposure in SilverGate and Silicon Valley Banks
According to reports, Bigg Digital Assets, a Canadian cryptocurrency company, said that it was confirmed that there was no risk exposure in SilverGate and Silic
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CEO of Silicon Valley Bank Sells $3.57 Million of SIVB Shares
According to reports, data shows that the CEO of Silicon Valley Bank has sold $3.57 million of SIVB shares in the past two weeks.
The CEO of Silicon Valley Bank -
Stable Currency Aggregator mStable Seeks Acquisition or Merger
It is reported that 0xloth, the anonymous strategic director of stable currency aggregation agreement mStable, said that due to the decline of product revenue a
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Binance assures safety of funds in SVB Bank
According to reports, Binance, the cryptocurrency exchange, said that it had no risk exposure to SVB Bank and the funds were safe.
Binance: There is no risk exp -
Paxos and Bank of Silicon Valley: Misinterpreted Relationship
It is reported that Paxos, an American encryption infrastructure company, has no relationship with Bank of Silicon Valley.
Paxos: No relationship with Silicon V -
SVB Financial Group Dashboard Fails to Show Transactions and Balances for United Kingdom Customers
According to reports, SVB Financial Group\’s customers in the United Kingdom said that the dashboard of Silicon Valley banks showing account balances and capital
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Silicon Valley Bank Closes Down Due to Bankruptcy
According to reports, the Federal Deposit Insurance Corporation of the United States said that SVB Bank was closed by California regulators, and Silicon Valley
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Silicon Valley Banks Face Interest Rate Risk
On March 11, the bank team of Guoxin Securities Economics Research Institute believed that the problem of Silicon Valley banks this time was that they absorbed
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Curve Finance Achieves Daily Trading Volume of $1.6 Billion
It is reported that according to the data of dune, the daily trading volume of Curve Finance reached 1.6 billion US dollars, a new high since May 2022.
Data: Cu -
GUSD Stablecoin Declines by 3.5%: Risk Control is Essential
It is reported that according to the latest data of CoinGecko, the stable currency GUSD is currently quoted at US $0.969909, with a decline of 3.5% in 24 hours.
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Venture Capital Industry Reacts to Possible Collapse of Silicon Valley Bank
On March 11, Hemant Taneja, CEO of General Catalyst, said in a message on social media that several VC leaders had met today to discuss the consequences of the
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USDC: A Stablecoin with Growing Anchor Status
It is reported that the US dollar stable currency (USDC) has continued to expand its anchoring status. According to CoinGecko data, the current USDC has dropped
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Silicon Valley banks’ Interest in Crypto
It is reported that up to now, including Circle, the issuer of the stable currency USDC, BlockFi, the encryption lending institution, LayerZero Labs, the develo
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Sun Yuchen’s Massive Extraction and Conversion of USDCs into DAI from Aave V2
On March 11, according to Paidun monitoring data, Sun Yuchen extracted 82 million USDCs from Aave V2 and converted them into DAI. After Sun Yuchen\’s address, 11
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FRAX, the algorithmic stable currency, stays anchored around US $0.95
It is reported that FRAX, the algorithmic stable currency, was anchored to around US $0.95. The transaction ratio of FRAX and USDT on Curve is about 0.947. Chai
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MakerDAO Reports a Huge Increase in Use of PSM
According to reports, MakerDAO said on Twitter that 736 million DAIs have been cast through PSM (USDC) in the past 24 hours, making a net increase of 296 millio
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Meta’s Plans for a Decentralized Social Network
According to the Reuters report on March 10, Meta is exploring the launch of a new social media application to replace Twitter as the global \”digital city squar
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Crypto Whale “0xe8c1” Shorted Ethereum and Bitcoin on GMX
On March 11, it was reported that Lookonchain monitoring data showed that the crypto giant whale \”0xe8c1\” shorted Ethereum and Bitcoin on GMX, and the current f
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Hedera Main Network Upgraded to Address Vulnerability
On March 11, Hedera Status tweeted that the main network had been upgraded to fix the vulnerability and was now running normally.
Hedera main network has been u -
“Fat Penguin” NFT Project Unaffected by Silicon Valley Bank Collapse
According to reports, Luca Netz, founder of the NFT project \”Fat Penguin\” Pudgy Penguins, said on social media that the collapse of the Silicon Valley bank had