What's your biggest W in crypto?
I'm looking for some positive stories after today's bloodbath - what is your biggest success story, your biggest dub, whatever you want to call it. You bought early? How's your life now? You got insane gains from that one shitcoin? How much did you get from it? You started a crypto project? What is it about? Please, share your stories, however big or small! I'll start with mine: I bought $2k worth of LRC at $.4 and sold at $2.4 - quite a big chunk for me at the time (I also managed to lose all the gaines in 2022 lmao)
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Circle’s USDC, the second largest stablecoin with $43 billion market capitalization, held an undisclosed part of its $9.8 billion cash reserves at failed Silicon Valley Bank. @sndr_krisztian reports https://t.co/VjHfecXpDE
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Banks that keeping $9.88 billion cash reserves of USDC falling one by one
The full list of banks that held $9.88 billion cash for Circle’s USDC ​ https://preview.redd.it/5reb0ljp4zma1.png?width=540&format=png&auto=webp&v=enabled&s=e556f05899ac6fbbfd4e0c0596cf4bf41f04607f * ~~Silvergate Bank~~ * ~~Silicon Valley Bank~~ * Signature Bank (shares have dropped 12% probably next) * New York Community Bank * Customers Bank * Citizens Trust Bank * Bank of New York Mellon https://preview.redd.it/bp76tsol4zma1.png?width=500&format=png&auto=webp&v=enabled&s=4ba444f98a7506bc7485a10e4ba18b0484fc19a2 Circle said it had cut ties with Silvergate Bank and will voluntarily liquidate its assets, and didn't mention Silicon Valley Bank and Signature Bank yet. Do you think there is an operation ongoing against Circle while the SEC is questioning stablecoins?
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JPMorgan Says Silvergate Collapse Will Test Crypto Industry
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JUST IN: 🇺🇸 Bill introduced in Texas to encourage and finance #Bitcoin mining at abandoned oil & gas wells. 🙌 https://t.co/wyHFgFsXVt https://t.co/IcKS6sTytR
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₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: "#Bitcoin mining lowers property taxes and helps build more renewable energy", testifies former Director of Nebraska’s Economic Development Office https://t.co/CPaIG3chhg
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Though experiment. Crypto is banned worldwide, and running nodes is illegal. What should be the crypto community's next move?
So let's do a little thought experiment. Crypto is banned worldwide, and running nodes is illegal. This would be shocking news to all of us. After crying a bit, we would need to make a move. After all, we have to do something. Even if it is an unlikely scenario (well, at least I hope so), it is very interesting how we should fight it. One thing we should keep in mind is that different players will fight differently, from simple degen to institutions. Some player's moves will be driven mostly by greed, some mostly by inner values, but it will probably be by both. Some moves will be social, political, technological, etc. Which do you prefer? I guess it is safe to assume that privacy and freedom of speech restrictions would rise to another level. So, what would be your next move? How should the crypto community react?
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Shhhhhh. You hear that? Pay close attention. You can hear the printer firing up... Brrrrrrrrrrrrr.......
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Silicon Valley Bank is shut down by regulators in biggest bank failure since global financial crisis
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Largest US bank failure since the global recession more than 10 years ago , seems like we’re just on the tip of the iceberg these days
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Well done, Jerome Powell. You broke something. Now you can smile and pivot, since bond yields and banks stocks are crashing. https://t.co/cBMrbOzIZ6
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Banks are closed until Monday morning. Take time this weekend to learn what is happening & formulate a plan for yourself, your family, and your business. Many decisions you make over the next few weeks will determine the position you are in for the foreseeable future.
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Ether hits 2-month low as New York AG labels crypto token as security
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