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3232‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion
https://www.digit.info/fiat-is-fragile-silicon-valley-banks-collapse-sparks-finger-pointing-and-concerns-of-contagion/
Sat, 11 Mar 2023 20:30:15 +0000https://www.digit.info/2023/03/11/fiat-is-fragile-silicon-valley-banks-collapse-sparks-finger-pointing-and-concerns-of-contagion/Read more]]>Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts have been pointed to. Some believe venture capitalists caused a bank run, while others […]
]]>USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity
https://www.digit.info/usdc-stablecoin-depegging-causes-concern-among-crypto-advocates-5-other-stablecoins-slip-below-parity/
Sat, 11 Mar 2023 17:49:55 +0000https://www.digit.info/2023/03/11/usdc-stablecoin-depegging-causes-concern-among-crypto-advocates-5-other-stablecoins-slip-below-parity/Read more]]>On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity. The second-largest stablecoin USDC, issued by Circle Financial, fell below $0.90, reaching a low of $0.877 per coin. Additionally, around five other stablecoins have dropped below the U.S. dollar parity during the early morning (ET) […]
Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts have been pointed to. Some believe venture capitalists caused a bank run, while others […]
On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity. The second-largest stablecoin USDC, issued by Circle Financial, fell below $0.90, reaching a low of $0.877 per coin. Additionally, around five other stablecoins have dropped below the U.S. dollar parity during the early morning (ET) […]