Norobiik · @Norobiik
233 followers · 3708 posts · Server noc.social
"#SVB’s failure didn’t have anything directly to do with the ongoing #CryptoMeltdown, but it could potentially worsen that crisis, too. Crypto firm Circle operates a #stablecoin, #USDC, that’s backed with cash reserves — $3.3 billion of which are stuck at Silicon Valley Bank. That stablecoin should always be worth $1, but it broke its peg after SVB failed, dropping as low as 87 cents."
How #SiliconValleyBank collapsed, who it affects, and what happens now | #SVBCrash
#svbcrash #siliconvalleybank #usdc #stablecoin #cryptomeltdown #SVB
jacopogio · @jacopogio
61 followers · 893 posts · Server mastodon.energy
RT @JLMPiraux@twitter.com
"Bank run" sur Binance. La fin est proche... #crypto #scam #cryptomeltdown
https://www.tdg.ch/apres-le-crash-de-ftx-binance-traverse-des-turbulences-588310144239
🐦🔗: https://twitter.com/JLMPiraux/status/1606047663945924609
Jean-Louis Piraux · @jlpiraux
109 followers · 479 posts · Server mastodon.social"Bank run" sur Binance. La fin est proche... #crypto #scam #cryptomeltdown
https://www.tdg.ch/apres-le-crash-de-ftx-binance-traverse-des-turbulences-588310144239
The Good Hombre · @LognRun
22 followers · 78 posts · Server mstdn.party
Trust Billionaires you say?
#Crypto
#CryptoMeltdown
#TaxTheRich
https://www.khaleejtimes.com/opinion/when-its-risky-to-trust-billionaires
#crypto #cryptomeltdown #TaxTheRich
The Good Hombre · @LognRun
11 followers · 47 posts · Server mstdn.party
Alison Hearn · @alisonHearn
220 followers · 65 posts · Server mastodon.socialGee, between the #twittermeltdown and #cryptomeltdown you’d almost think this techno capitalism thing was a bad idea…
#twittermeltdown #cryptomeltdown
· @fatrat
42 followers · 329 posts · Server mastodontech.de
Stephan Dörner · @doener
867 followers · 507 posts · Server social.tchncs.de
Die Shitshow bei FTX geht ebenfalls weiter: https://twitter.com/0xfoobar/status/1591294791253258240 #cryptomeltdown