A Web3 Cautionary Tale: The Biggest NFT Brands Had Funds in SVB nft now Author: Source link
Day: March 14, 2023
Metaverse Fashion Is on the Rise, but for Whom?
Digital fashion is nascent in the Web3 space, with the potential to onboard millions of users in the coming years. But, as brands work out who to target with hard-to-fathom technology. adoption is still in its early stages. This piece is a part of CoinDesk’s Culture Week. Author: Source link
Here are the crypto firms denying exposure to troubled US banks
Amid the ongoing United States banking crisis, several major cryptocurrency firms have denied exposure to dissolved U.S. banks like Silicon Valley Bank (SVB). As potential implications of the SVB crisis for the crypto market continue to unfold, Cointelegraph highlighted several major crypto firms that have declared to be unaffected by the issues so far. Tether Tether, the operator of the eponymous U.S. dollar-pegged stablecoin, Tether (USDT), was one of the first companies to deny exposure to SVB and other troubled U.S. banks as of mid-March. On March 12, Tether chief…