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Nalezeno "exposure": 502

XRP Price Prediction as Ripple CEO Confirms Exposure to Silicon Valley Bank – What Does This Mean for XRP?

13.3.2023
The price of XRP has gained slightly in the past 24 hours, rising by 0.5% after the coin recovered from a significant fall this past weekend. At $0.363344, XRP has dropped by 1.5% in a week and by 5% in the last 30 days, with the coin dragged down by the market-wide selloff following the collapse...

Ripple Had ‘Some Exposure’ to Silicon Valley Bank, Says CEO

12.3.2023
Ripple, best known for its connection to XRP, kept some capital at the failed Silicon Valley Bank

Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident

11.3.2023
On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident that saw the stablecoin dip down to $0.877 per unit. At the time of writing, Makerdao commands $3.1 billion in USDC collateral that backs a portion of...

USDC Depeg: Circle's $43 Billion Stablecoin in the Spotlight as Silicon Valley Bank Exposure is Revealed – Here's the Latest

11.3.2023
The USD Coin (USDC) stablecoin has distanced away from its intended $1 peg following the revelation that Circle has exposure to the now-collapsed Silicon Valley Bank. Circle, the issuer of the world’s second-largest stablecoin USDC, said in a Friday tweet that it has $3.3 billion of its...

Maker DAO files emergency proposal addressing 3.1B USDC exposure

11.3.2023
"Proposal(s) implementing the above changes are expected to be posted in the next ~12 hours or less," says Maker

Circle's exposure to U.S. banks could top $9B

10.3.2023
Circle's reserves are held in a number of banks in the United States, including Silvergate, Silicon Valley Bank, and Bank of New York (BNY) Mellon

Block.one Exits Silvergate Stake, Says Portfolio Firm Has No Exposure

9.3.2023
The Peter Thiel-backed company made a contrarian bet on Silvergate last November when its exposure to FTX’s collapse first became known

Crypto Stakeholders Say No Exposure to Shuttered Silvergate

9.3.2023
Binance, Coinbase, OKX, and Paxos have all released statements

14 Web3 marketing strategies that can increase exposure and consumer trust

7.3.2023
Leveraging the right blend of marketing strategies can not only raise a Web3 brand’s profile but also earn users’ trust

First Mover Asia: Filecoin Struggles Amid China Exposure, Cost of Subsidy Concerns

7.3.2023
A large footprint in China, which creates skepticism about data safety, and a heavy subsidy spend, means Filecoin needs more than a token rally to be sustainable

Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner

4.3.2023
On March 4, 2023, cryptocurrency exchange Bybit announced that it had suspended U.S. dollar deposits via bank transfer. Bybit cited “outages” from its partner as the reason for the suspension of USD deposits via bank transfers and the SWIFT network. Bybit Suspends USD Deposits, Wire...

MicroStrategy Claims Minimal Exposure as Crypto.com, Coinbase, and Gemini Pause Transactions with Silvergate Bank – What's Going On?

3.3.2023
MicroStrategy has denied any meaningful exposure to Silvergate as crypto firms who banked with the crypto bank are rushing for the exits amid concerns about its financial condition. In a Thursday tweet, business intelligence firm MicroStrategy said their Bitcoin holdings, which consists of over...

Coinbase Severs Ties With Silvergate Bank Amidst JPMorgan Downgrade and Delayed SEC Filing

2.3.2023
On March 2, 2023, the cryptocurrency exchange Coinbase announced that, in light of recent developments, the company is “no longer accepting or initiating payments to or from Silvergate Bank.” The news follows the crypto bank’s delay of its annual 10-K filing with the U.S....

Crypto distribution is uneven among banks as prudential exposure rises: BIS report

1.3.2023
One bank accounts for almost 62% of all crypto asset prudential exposure; almost two-thirds of banks holding crypto are in the Americas

Certain Banks' Crypto Exposure Dropped by 44% Globally in 2022 From Previous Year: BIS

28.2.2023
Banks across the globe lowered their exposure to certain crypto by 43.6% in a year, a report by the Basel Committee on Banking Supervision (BCBS) said on Tuesday

SEC Plans to Restrict Hedge Funds Exposure to Crypto With New Proposal

15.2.2023
The U.S. Securities and Exchange Commission (SEC) has proposed a draft that would make it harder for hedge funds, private equity firms, and pension funds to work with crypto companies. The proposal would make it difficult for crypto firms to hold digital assets on their client’s behalf...