👀 US Securities and Exchange Commission Rejects VanEck's Application to Set Up Bitcoin Spot Trust cointelegraph.com
👀 Yuga Labs, Azuki and other NFT projects own a small stake in Silicon Valley Bank and operations are unaffected
👀 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.
👀 Due to the need to manage risk, Binance has suspended the automatic conversion of USDC to BUSD. twitter.com
👀 Bybit CEO: Bybit and its clients funds are not affiliated with Silvergate or Silicon Valley Bank twitter.com
👀 Coinbase Updates Terms of Service for Staking: Staking must be canceled before selling or transferring assets
👀 dYdX: USDC will not be assumed to be equivalent to USD and traders will not be liquidated due to USDC-USD price action. twitter.com
👀 Musk: open to Twitter acquiring Silicon Valley Bank twitter.com
👀 Wall Street Journal: Meta plans further staff cuts, the size will be about the same as last year wsj.com
👀 Hedera updated the main network and fixed the vulnerability, and the main network resumed operation twitter.com
👀 Circle: still holds $3.3 billion in reserves at a Silicon Valley bank twitter.com
👀 FDIC: Silicon Valley Bank deposits transferred to new DINB entity, banking activity to resume no later than March 13 fdic.gov
👀 Curve 3pool stablecoin share seriously skewed, USDC\FUSDT fell to 0.93
👀 Coinbase will suspend the USDC to USD conversion service and plans to restart it on Monday. twitter.com
👀 0xScope: In the last 24 hours, USDC has been withdrawn and destroyed in a massive panic. twitter.com
👀 Analyst: Circle's losses can easily be covered by interest income through the FDIC refund process. twitter.com
👀 Data: The stablecoin DAI has been depegged and is now $0.94, a 6% drop in 24 hours. coingecko.com
👀 Pantera Capital recently held assets in Silicon Valley Bank coindesk.com
👀 Bitstamp will be undergoing maintenance on March 15th at which time the service will be terminated. blog.bitstamp.net