Foresight Daily
USDC liquidity operations resumed on Monday morning, with the remaining cash being transferred to Mellon Bank in New York.
The US Department of Treasury, Federal Reserve, and FDIC announced that depositors will be able to withdraw all cash from Silicon Valley Bank starting March 13.
The Hong Kong Monetary Authority will hold two banking regulatory meetings at the end of March to discuss the future of cryptocurrency, among other issues.
The Federal Financial Supervisory Authority of Germany ordered the closure of Silicon Valley Bank’s German branch.
Binance will convert the remaining portion of the $1 billion Industry Revival Plan fund for BUSD into BTC, BNB, and ETH.
The Hong Kong Securities and Futures Commission stated that Silicon Valley Bank is not a major shareholder of any licensed corporation in Hong Kong.
Coinbase resumed USDC conversions on Monday, with Signature’s cash balance at $240 million.
The regulator takes control of Silicon Valley Bank’s Canadian branch.
Yuga Labs’ Bitcoin NFT series “TwelveFold” is being minted and will be transferred to the auctioneer’s address.
Aztec will shut down Aztec Connect and focus on developing the zero-knowledge general-purpose language Noir and encrypted blockchains.
Terraform Labs sold 20 million LDO tokens at an average price of $2.07.
The difficulty of Bitcoin mining has increased by 1.16% to 43.55T, a new historical high.
👉 Listen to Foresight Daily on
Articles
Token Unlocks Weekly|$190M APE Cliff Unlocks This Week
Preview Token Unlocks to sharpen your investment brain 💰 No investment advice, always DYOR!
Week Ahead Industry Previews: Third Week of March 2023
Here’s a rundown of the most noteworthy industry events and project developments to look out for in the coming week
Largest Bank Failure Since 2008 Sparks Market-Wide Fear
With Silicon Valley Bank going under in the blink of an eye, panic is setting in for the venture capital and tech world. Circle announces exposure to the bank and the USDC peg fights to stay at $1.
Measuring Node Decentralisation In Blockchain Peer To Peer Networks
What is node decentralisation, and why is it important in blockchain networks? How do the authors measure node decentralisation across multiple blockchain platforms? What are some potential implications of low node decentralisation in blockchain networks?
A Deep Dive Into THORChain
THORChain has a healthy and growing ecosystem and offers an incredible market solution for decentralized crypto asset swapping.