Herrengedeck24

• On March 10, California regulators officially shut down Silicon Valley Bank (SVB) 48 hours after the company disclosed it was in financial distress. • The news triggered a fire sale in crypto and financial markets as SVB was a top-20 U.S. bank by total assets. • Federal regulators stepped up to backstop SVB depositors […]

• The article discusses the effects of climate change on water resources in India. • It explains how climate change is impacting the availability of water, its quality and usage for both agriculture and cities. • The article outlines ways to mitigate the impacts of climate change and suggests policies to help ensure efficient management […]

• The Chinese government’s central bank digital currency (CBDC) project has not sparked much enthusiasm among the citizens of Hong Kong. • Only 625 Hongkongers had obtained hard wallets for digital yuan in the first four days since its installation, despite a 20% discount on purchases. • Local authorities will continue to promote the digital […]

• Deutsche Bank Singapore and Memento Blockchain have successfully completed the proof-of-concept phase of Project DAMA (Digital Assets Management Access). • The platform enables asset managers to create a digital asset fund with its own soulbound token and launch a direct fiat-to-digital on-ramp for users. • Institutional investors can subscribe to funds using collateral, while […]

• The UK Tax Reform Council has launched a campaign against the Bank of England’s plan to introduce a central bank digital currency (CBDC). • The think tank shares similar concerns to the U.K. Bitcoin community in its criticism of CBDCs. • Economists on the advisory board have expressed their apprehension about increased government surveillance, […]

• tZERO Crypto exchange, which is majority owned by Overstock, will be shutting down on March 6. • tZERO facilitates securities offerings for private companies that want to go public and offers tokenized shares or “digital securities”. • The company has stated that it will focus on its regulated securities products following the shutdown. tZERO […]

• Ascending triangle patterns are one of the most popular chart indicators traders use. • The pattern typically appears during persistent uptrends or downtrends and is seen as a continuation pattern. • However, the ascending triangle is not always a bellwether for bullish continuation, particularly in bear markets. An ascending triangle pattern is a very […]

• Ava Labs and Amazon have formed a partnership that will enable individuals and institutions to deploy self-sufficient blockchain systems. • The collaboration will also make it easier for everyday businesses and even individuals to create their own subnets, such as private layer-2 blockchains. • The blockchain revolution is not only about cryptocurrencies, but also […]

• Crypto exchange Zipmex is the focus of a new probe by the Securities and Exchange Commission (SEC) of Thailand for a breach of local rules. • Local authorities are looking into activities that they believe may violate business rules for digital asset service providers. • Zipmex is currently in the process of being acquired […]