Twitter unexpectedly changed its logo to Dogecoin’s symbol, causing a big stir in the cryptocurrency world. Dogecoin’s value increased by 20% within minutes, leading to speculation about its future. Dogecoin, initially a joke from 2013, has gained popularity recently due to support from celebrities like Elon Musk and Mark Cuban. Its value has soared, and many … Read more
Overview ARB Token, the popular Layer 2 scaling solution for Ethereum is making waves again, this time with the announcement of an upcoming token airdrop and transition to a decentralized autonomous organization (DAO). This article will explain the interesting updates in detail and cover all the important information that you need to know. What is Arbitrum? … Read more
TL;DR First Republic Bank’s shares fell a record 78% despite having over $70 billion in unused liquidity. The decline comes in the wake of the collapse of Silicon Valley Bank’s banking unit, leading to concerns about hidden risks and rising interest rates. However, analysts suggest that the SVB crisis has little bearing on the outlook for … Read more
TL;DR Silicon Valley Bank (SVB), which helped tech companies and startups with banking, recently fell apart and the government took over. This hurt a lot of companies, like Roku, Circle, Roblox, BlockFi, Compass Coffee, and Camp. The bank took risks and may have made bad choices, which caused it to fail. Many companies had to quickly … Read more
TL;DR Silicon Valley Bank filed for bankruptcy, which impacted cryptocurrency companies that use it as a banking partner. USDC briefly broke its peg to the dollar after the news. The incident raised concerns about the reliability of stablecoins and the role of banks in the cryptocurrency ecosystem. Many cryptocurrency companies are now exploring alternative banking partners … Read more