HSBC Acquired Silicon Valley Bank UK Arm: Deposits Protected
HSBC has stepped up as a white knight to rescue SVB’s distressed UK arm with a sale at rock bottom prices! British banking giant HSBC Holdings announced today its acquisition…
Democratizing eSports: How Moxy is Changing the Game
In the fast-paced world of video gaming, eSports has become one of the fastest-growing entertainment industries. Millions of players around the world watch online eSports events, competitions, and tournaments that…
Congressman: CBDCs Could Be A Powerful Spy Tool
The US government is ramping up to develop a CBDC, a digital dollar that facilitates more efficient and secure payments. But the launch of an US CBDC could come at…
Silicon Valley Bank Fails as Bank Run Contagion Spreads
Panic overtook the financial markets as Silicon Valley Bank bank-run contagion got worse. Silicon Valley Bank (SVB), one of the most proud of Silicon Valley, has been literally blown out…
Crypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash
The collapse of FTX led to a similar exodus from centralized exchanges, as users worried they may lose access to funds during crises. The collapse of Silicon Valley Bank (SVB)…
LinksDAO wins bid to buy its first golf course, says CEO
The successful bid comes a month after 88.6% of LinksDAO token holders voted in favor of putting in a “compelling offer” for the golf course in its governance vote. The…
Chinese billionaire’s $1B fraud charges, Kwon’s $11M bet, Zhu Su and Islam: Asia Express
Chinese billionaire using crypto to fight communism charged over $1 billion fraud, Do Kwon’s $11M bet comes due, Zhu Su bonds with Islam. Our weekly roundup of news from East…
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