π€ CryptoAttack π¬π§
π Circle has a small amount of reserves in Silicon Valley Bank, and 80% of its reserves in USDC are US Treasuries. circle.com
πΏπ When TechCrunch reached out to #USDC issuer Circle for comment on the status of reserves due to SVB, the rep said, "We're working on this internally and I'll keep you posted when I have an answer to share."
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π The #ETH Ethereum Shanghai upgrade could benefit liquidity staking providers and solidify ETH's dominance in the first tier.
ETH holders and DeFi protocols offering liquid staking derivative services could be the biggest beneficiaries of the upcoming Ethereum Shanghai upgrade.
#staking @cryptoattackbot cointelegraph.com
ETH holders and DeFi protocols offering liquid staking derivative services could be the biggest beneficiaries of the upcoming Ethereum Shanghai upgrade.
#staking @cryptoattackbot cointelegraph.com
π #MTA +10% Four DeFi projects will submit bids to acquire mStable, said protocol strategist alias 0xloth. dHEDGE filed first application on the mStable forum.
π€ CryptoAttack π¬π§
πΏπ #SIVB SVB is one of the top 20 banks in the US (-80% in the last 3 days) that offers crypto services to various venture capitalists such as Sequoia and a16z 93% of SVB deposits of $161.9 billion not insured The 4 largest US banks lost $52 billion inβ¦
πΏπ According to a new bankruptcy filing, BlockFi has $227 million in SVB (#SIVB). On Monday, the bankruptcy trustee warned them that because the funds are in a money market mutual fund, they are not backed by the FDIC, which could be a problem with bankruptcy compliance.
πββοΈ #MATIC #GHST #FTM Huge individual whale transactions to watch as alts try to recover
https://insights.santiment.net/read/huge-individual-whale-transactions-to-watch-as-alts-attempt-to-recover-7231
#reviews @cryptoattackbot
https://insights.santiment.net/read/huge-individual-whale-transactions-to-watch-as-alts-attempt-to-recover-7231
#reviews @cryptoattackbot
insights.santiment.net
Huge Individual Whale Transactions to Watch as Alts Attempt to Recover - Santiment Community Insights
There has been a whole lot of market bleeding ever since Bitcoin quickly took a nosedrive from $25k on February 21st. The past 30 days show
π Highlights for today and events for the weekend - https://t.iss.one/cryptoattack/19650
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ΠΡΠΈΠΏΡΠΎΠΡΠ°ΠΊΠ° π
π§ ΠΠ»Π°Π²Π½ΠΎΠ΅ Π·Π° ΡΠ΅Π³ΠΎΠ΄Π½Ρ:
β οΈπ¦ Silicon Valley Bank ΠΎΠ±Π°Π½ΠΊΡΠΎΡΠΈΠ»ΡΡ ΠΈ ΠΏΠ΅ΡΠ΅ΡΠ΅Π» Π²ΠΎ Π²Π»Π°Π΄Π΅Π½ΠΈΠ΅ FDIC. 93% Π²ΠΊΠ»Π°Π΄ΠΎΠ² SVB Π² ΡΠ°Π·ΠΌΠ΅ΡΠ΅ $161,9 ΠΌΠ»ΡΠ΄ - Π½Π΅ Π·Π°ΡΡΡΠ°Ρ ΠΎΠ²Π°Π½Ρ. CEO Π±Π°Π½ΠΊΠ° ΠΏΡΠΎΠ΄Π°Π» Π°ΠΊΡΠΈΠΈ #SIVB Π½Π° ~3,57 ΠΌΠ»Π½ $ Π·Π° ΠΏΠΎΡΠ»Π΅Π΄Π½ΠΈΠ΅ 2 Π½Π΅Π΄Π΅Π»ΠΈ
π ΠΠΎΠ΄Π±ΠΎΡΠΊΠ° ΠΏΠΎ ΡΠΈΡΡΠ°ΡΠΈΠΈ Π²ΠΎΠΊΡΡΠ³ SVB - Π·Π΄Π΅ΡΡ β¦
β οΈπ¦ Silicon Valley Bank ΠΎΠ±Π°Π½ΠΊΡΠΎΡΠΈΠ»ΡΡ ΠΈ ΠΏΠ΅ΡΠ΅ΡΠ΅Π» Π²ΠΎ Π²Π»Π°Π΄Π΅Π½ΠΈΠ΅ FDIC. 93% Π²ΠΊΠ»Π°Π΄ΠΎΠ² SVB Π² ΡΠ°Π·ΠΌΠ΅ΡΠ΅ $161,9 ΠΌΠ»ΡΠ΄ - Π½Π΅ Π·Π°ΡΡΡΠ°Ρ ΠΎΠ²Π°Π½Ρ. CEO Π±Π°Π½ΠΊΠ° ΠΏΡΠΎΠ΄Π°Π» Π°ΠΊΡΠΈΠΈ #SIVB Π½Π° ~3,57 ΠΌΠ»Π½ $ Π·Π° ΠΏΠΎΡΠ»Π΅Π΄Π½ΠΈΠ΅ 2 Π½Π΅Π΄Π΅Π»ΠΈ
π ΠΠΎΠ΄Π±ΠΎΡΠΊΠ° ΠΏΠΎ ΡΠΈΡΡΠ°ΡΠΈΠΈ Π²ΠΎΠΊΡΡΠ³ SVB - Π·Π΄Π΅ΡΡ β¦
π Circle holds undisclosed USDC cash reserves in Silicon Valley Bank. coindesk.com
π€ CryptoAttack π¬π§
π #USDC is out of favor these days https://t.iss.one/pro_demo/1952
π₯³πΏ #USDC #CRV $500 million DeFi Protocol Curve stablecoin pool collapses as traders flee USDC due to collapse of the SVB
#DeFi coindesk
#DeFi coindesk
π Circle: Silicon Valley Bank is one of its 6 cash reserve banks and USDC continues to operate as normal. twitter.com
π BlockFi holds $227 million in uninsured funds in Silicon Valley Bank.
π Circle, Tether and Paxos to find new banking partners theblock.com
π The Bank of England plans to apply to involve the UK branch of Silicon Valley Bank in the insolvency case bankofengland.co.uk
π US Securities and Exchange Commission Rejects VanEck's Application to Set Up Bitcoin Spot Trust cointelegraph.com
π Yuga Labs, Azuki and other NFT projects own a small stake in Silicon Valley Bank and operations are unaffected
π After Circle revealed that some of its cash reserves are being held in a Silicon Valley bank, USDC briefly lost its peg and has now dropped to the $0.98 range.
π Due to the need to manage risk, Binance has suspended the automatic conversion of USDC to BUSD. twitter.com