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Science is the reason you aren’t reading this by firelight nestled cozily under a rock somewhere however, its practice significantly predates its formalization by Galileo in the 16th century. Among its earliest adherents — even before pioneering efforts of Aristotle — was Animaxander, the Greek philosopher credited with first arguing that the Earth exists within […]
A petition urging regulators to step in claims that nearly 40,000 of all depositors at Silicon Valley Bank are small businesses. Source: https://cointelegraph.com/rss Silicon Valley Bank failure could trigger run on U.S. regional banks
Several U.K. venture capital firms have shown support for SVB UK stating it is a “trusted” partner and plays a “pivotal” role in supporting startups. Source: https://cointelegraph.com/rss Silicon Valley Bank's UK branch shut down by Bank of England
Several USD Coin holders have fled to other stablecoins amid fears surrounding its solvency. Source: https://cointelegraph.com/rss Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount
The abrupt collapse of Silicon Valley Bank has affected the value of the world’s fifth-largest cryptocurrency, increasing fears of a possible ripple effect among Web3 companies. On Saturday morning, USD Coin fell to a record low of $0.87 after Circle, the company that manages the stablecoin, disclosed that $3.3 billion of the approximately $10 billion […]