Paul Ugbede Godwin
AUTHOR: Paul Ugbede Godwin
Will $USDC go the $UST Way?
Although $USDC has since regained its peg to the US dollar, there are justifiable fears that it might end up like collapsed UST especially...
FDIC to Backstop Liquidity Crunches through ‘Bank Funding Term Program’
The Federal Deposit Insurance Corp announced that all depositors, both insured and uninsured, at Silicon Valley Bank and Signature Bank, will be...
Circle’s $3.3 billion Cash Exposure to Silicon Valley Bank Remains
USDC, which is meant to maintain its peg despite market conditions, went downhill. The price of the stablecoin depegged and fell initially to $0.95,...
Meta (WhatsApp, Instagram and Facebook) is Winding Down on NFTs
Meta, parent company of Instagram of WhatsApp and Facebook, has recently announced that it would be ending its work on digital collectibles (NFTs).
In a...
Crypto Market Capitalization Looking for Support after Series of Liquidations
The Crypto Industry is in turmoil as the market cap struggles to find support. Many cryptocurrencies have fallen with it, leading to millions in...