ππ£ According to insiders, the FDIC plans to insure 95% of Silicon Valley Bank's uninsured depositors, and 50% of uninsured deposits will be paid out by next week.
π€ CryptoAttack π¬π§
π #GHST Members of the Aavegotchi gaming protocol are voting to end the multi-year token sale, which could limit the supply of GHST. Approximately $33 million to support development of Aavegotchi ecosystem if approved by DAI coindesk.com
β
#GHST Aavegotchi Community Voted to Terminate Contract to Sell Native GHST Token, designed for two and a half years for "risk reduction from DAI".
$33 million in tokens #DAI that was spent on minting GHST in the contract, "it is planned to direct to the development of the gaming protocol ecosystem." cointelegraph
$33 million in tokens #DAI that was spent on minting GHST in the contract, "it is planned to direct to the development of the gaming protocol ecosystem." cointelegraph
π $USDC Circle said they would cover any missing liquidity at Silicon Valley Bank with corporate funds.
Telegram
ΠΡΠΈΠΏΡΠΎΠΡΠ°ΠΊΠ° 2.0π€
πΏπ #USDC ΠΠ½Π°Π»ΠΈΡΠΈΠΊ: ΡΠ±ΡΡΠΊΠΈ Circle ΠΌΠΎΠ³ΡΡ Π±ΡΡΡ Π»Π΅Π³ΠΊΠΎ ΠΏΠΎΠΊΡΡΡΡ ΠΏΡΠΎΡΠ΅Π½ΡΠ½ΡΠΌ Π΄ΠΎΡ
ΠΎΠ΄ΠΎΠΌ Π² ΡΠ°ΠΌΠΊΠ°Ρ
ΠΏΡΠΎΡΠ΅ΡΡΠ° Π²ΠΎΠ·ΠΌΠ΅ΡΠ΅Π½ΠΈΡ FDIC. #Π²ΡΠΎΠΊΡΡΠ΅
twitter
πββ NuBank appoints Lightspark CEO, a former Meta chief executive, as a board member. www.blockworks.com
ππ #Bitcoin $BTC balance on exchanges hits 1-month low of 2,255,096.834 BTC The previous 1-month low of 2,256,303.860 BTC occurred on February 15, 2023.
#analysis @cryptoattackbot
#analysis @cryptoattackbot
π Circle Announcement: Company resources and external capital will be used to cover any shortfall.
πNansen Founder: I believe Circle and USDC can survive the hardships and it is recommended not to call for rescue in public twitter.com
π Blockchain.com: wallet provides transactions with stablecoins twitter.com
π Silicon Valley Bank has received backing from over 100 venture capital firms, including Sequoia Capital. bloomberg.com
π Maker voted to accept an urgent proposal to change related parameters such as USDC [voice.makerdao.com](https://voice.makerdao.com/executive/template-executive-vote-emergency-parameter-changes-march-11-2023
π The Fed and FDIC are considering creating a fund to guarantee the deposits of troubled banks. bloomberg.com
π FDIC sells Silicon Valley Bank assets and will return part of uninsured deposits to customers as early as Monday bloomberg.com
π Rich Dad Poor Dad Author: There are also banks that are about to collapse and it is recommended to buy gold and silver twitter.com
π Crypto KOL: Bank First Republic on the verge of bankruptcy twitter.com
π Changpeng Zhao: Banks pose a risk to fiat-backed stablecoins twitter.com
π FDIC, Fed and Treasury brief California lawmakers on Silicon Valley bank bloomberg.com
π BitMEX Founder: Creating a Deposit Guarantee Fund for Failed Banks Will Force the Fed to Restart Money Printing Machines twitter.com
π Binance will list BNB\u002FUSDC, BTC\u002FUSDC and ETH\u002FUSDC trading pairs binance.com
π Changpeng Zhao forwarded old news or hinted at acquiring traditional banks twitter.com
π€ CryptoAttack π¬π§
π Crypto KOL: Bank First Republic on the verge of bankruptcy twitter.com
πΏπ Jim Cramer again...
Bank #FRC on the verge of bankruptcy - clack
Previously: Cramer before the collapse of SVB (#SIVB) urged investors to buy shares of the bank
Bank #FRC on the verge of bankruptcy - clack
Previously: Cramer before the collapse of SVB (#SIVB) urged investors to buy shares of the bank