“Data is the new oil” – it’s a phrase you’re probably sick of hearing. But in an age where data is more important than ever, it’s…
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Smart contracts, powered by blockchain technology, are set to transform industries by automating processes and increasing transparency. These self-executing contracts eliminate the need for intermediaries, ensuring swift and secure transactions.
DeFi leverages blockchain technology to empower users with control, accessibility, and security. It offers higher returns, global access, and innovative financial products, but challenges like regulation and complexity remain. Explore how DeFi is rewriting the future of finance, offering unparalleled opportunities for financial freedom.
In recent years, bank deposits have been bringing investors less and less profit due to low-interest rates and inflation. In turn, blockchain technology and cryptocurrencies have begun to gain popularity as an investment tool. In this context, the question arises: can staking displace bank deposits?
The collapse of major banks and the US regulatory crackdown on crypto have increased Switzerland’s appeal as a crypto haven. With its stable political environment, strong financial infrastructure, and favorable regulatory environment, Switzerland has become a natural fit for the crypto industry. Discover how Switzerland’s reputation for privacy and security is attracting international crypto interest and why the collapse of major banks has only increased the sector’s potential for growth.
YouHodler CEO Ilya Volkov shared his predictions for Q2 2023 crypto market with AlexaBlockchain, covering the impact of the global economy, industry challenges, and his views on the banking crisis. Read on for valuable insights.
European central bank president Christine Lagarde lauded the “swift action” by Swiss officials, saying they were “instrumental for restoring orderly market conditions and ensuring financial stability.”
Signature Bank is a significant lender to crypto businesses. Its involvement in the FTX crypto exchange collapse late last year, where it held accounts representing less than 0.1% of its total deposits, brought the bank to the forefront of attention.
She said that the government is concerned about depositors and focused on trying to meet their needs, but ruled out SVB Bailout by saying ‘the government is not looking to do that again’.
Circle, the company behind USDC, stated that it and the stablecoin are functioning without any interruptions, while they await further information about the situation of Silicon Valley Bank’s depositors.