Billionaire Warns of Imminent Bank Runs if Government Fails to Guarantee All SVB Deposits

Billionaire Bill Ackman has warned ofvast and profoundconsequences of the U.S. government letting Silicon Valley Bank (SVB) fail without protecting all depositors. “No company will take even a tiny chance of losing a dollar of deposits as there is

‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion

Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Zvezna korporacija za zavarovanje depozitov (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts

Banka Silicon Valley se sooča s finančnimi težavami zaradi ustavitve delnic, Prodaja $21 Portfelj milijard obveznic na a $1.8 Milijardna izguba

marca 10, 2023, tržni opazovalci razpravljajo o težavah banke Silicon Valley Bank (SVB) obrazi, saj je delnica podjetja zdrsnila več kot 60% v zadnjem 24 ure. SVB je bila prisiljena prodati a $21 billion bond portfolio at a $1.8

Israeli Startup Chain Reaction Raises $70 Million to Build Blockchain Silicon

Chain Reaction, a Tel Aviv-based blockchain startup, announced it has raised $70 million as part of its Series C funding round. The objective of the company is to expand its engineering staff to accelerate the production of its blockchain-focused silicon and

Kraken CEO: Regulators Let Bad Guys Get Big and Blow Up to Serve Their Agenda

The CEO of crypto exchange Kraken, Jesse Powell, says U.S. regulatorji “let the bad guys get big and blow up because it serves their agenda.The executive explained: “Bad guys operate with huge competitive advantages. They suck up users, prihodek, in…

Napster Expands Into Web3 Music Space With Acquisition of Mint Songs

V sredo, Napster, the music streaming service originally launched in 1999, announced that the company has finalized a deal to acquire the Web3 music startup Mint Songs. Napster’s CEO, Jon Vlassopulos, insists thatwe are in an unprecedented era of innovation

Kenyan AI and Blockchain Startup Receives Investment From Swiss VC Firm

Fastagger Inc, an artificial intelligence and blockchain startup from Kenya, recently revealed that it had received an investment from the Swizterland-based blockchain investor CVVC. Mutembei Kariuki, said the investment will be used to fund the further develop Fastagger’scutting-edge technology expertise”…

Milijarder Tim Draper poziva Šrilanko, naj sprejme Bitcoin - Centralna banka pravi, da "ne želimo poslabšati krize"

Billionaire investor and venture capitalist Tim Draper has reportedly attempted to convince the Sri Lankan government to adopt bitcoin. Vendar, the governor of the Central Bank of Sri Lanka rejected his recommendation, emphasizing: “Adoption of 100% bitcoin wont be a Sri

Arbitrum-Based Vest Exchange Emerges, Aims to Democratize Perpetual Futures

A new decentralized exchange (dex) on Arbitrum, called Vest Exchange, was announced this past weekend, and the team that created the project said the platform aims to focus on democratizing perpetual futures. The team behind Vest further detailed that the new

Jim Cramer Says Avoid Crypto, Stick With Gold for ‘Real Hedge’ Against Inflation and Economic Chaos

The host of Mad Money, Jim Cramer, has advised investors to avoid crypto and stick with gold if theyseriously want a real hedge against inflation or economic chaos.He added that bitcoin is too volatile to use as a currency….