Crypto Pulse #68- SVB Bailed Out, USDC Reserves 100% Safe. Tuesday, 14th March 2023 || Powered by GenShards.
14 Mar 2023, 18:07
Crypto Pulse #68- SVB Bailed Out, USDC Reserves 100% Safe
Tuesday, 14th March 2023 || Powered by GenShards
🌍 Here's all you need to know about what's been up in the Web3-sphere lately
👉 Read the issue | 🐧 Read tweet thread |👇Read highlights below
⛰ Macro Landscape
📌 100% of USDC reserves are safe as U.S. Govt bails out Silicon Valley bank (source)
📌 Silicon Valley Bank and Signature Bank have restarted the ‘Moral Hazard’ dilemma Bitcoin was designed to end (Opinion piece) (source)
📌 A senior litigation analyst for Bloomberg believes Grayscale has a 70% chance of winning its case against the SEC (source)
📈 Markets and Ecosystem
📌 Euler Finance has been hacked for over $195M in a flash loan attack (source)
📌 BTC rises after US Govt plans to protect all SIlicon Valley bank depositors (source)
📌 Major banks usch as Santander, HSBC & Deutsche are still willing to work with crypto firms according to DCG (source)
🀄️ NFTs, Metaverse & Gaming
📌 Meta is pulling the plug on NFTs across Instagram and Facebook (source)
📌 The DAO Maker founder has built a game based on an abandoned Logan Paul project in just 30 days (source)
📌 What is Splinterlands and how can you earn money playing it? (source)
👉 Read the newsletter for the latest in the Web3 and NFT world (and for some of the choicest memes 😉). Subscribe to get it directly in your inbox !
Next issue drops coming Friday- stay tuned ! 📺
🐧 Spread the word - retweet !