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Wednesday, March 22, 2023

AUTHOR NAME

Abdulkarim Abdulwahab

428 POSTS
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News

The US Risks Losing Out on Leading the Web3 Revolution: Crypto Lawyer

Abdulkarim Abdulwahab -
Crypto lawyer said crypto suppression in the US could draw the country behind. Previously, Senator Brown blamed Silvergate Bank's insolvency on crypto's volatility. Silvergate took $13.3...
News

FDIC Races to Liquidate Assets for Uninsured SVB Deposits by Monday

Abdulkarim Abdulwahab -
FDIC works around the clock to liquidate assets for uninsured customers’ deposits. Silicon Valley Bank has over $209 billion in assets and $175.4 billion in...
News

“Banks Are a Risk to Fiat-backed Stablecoins,” Binance CEO Says

Abdulkarim Abdulwahab -
Binance CEO  worries about USDT and USDC following US bank collapse.  Emabattked Silicon Valley Bank has $209 billion in total assets. USDC has over $3 billion...
News

FDIC Forms Deposit Insurance for Troubled Crypto Start-up Lender SVB

Abdulkarim Abdulwahab -
The FDIC said depositors would have access to their insured deposits. Silicon Valley Bank has over $209 billion in assets and $175.4 billion in total...
Market

Binance CEO Mocks Critics as Two US Banks Crumble within a Week

Abdulkarim Abdulwahab -
Changpeng Zhao mocked US critics as two banks became insolvent. During FUD, Binance processed over $14 billion within a week. Binance's spot volumes increased by 13.7%...
News

US Judge To Decide if SBF Should Suffer Any Bail Restriction

Abdulkarim Abdulwahab -
A US court will determine the bail conditions of the FTX founder today. Previously, the court worried that SBF was communicating via untrackable means. FTX's balance...
Market

BTC Will Hit $16,600 as Miners Mount More Pressure, CryptoQuant

Abdulkarim Abdulwahab -
Bitcoin has fallen below $19k in the last 24 hours. CryptoQuant said BTC miners have been reducing their reserves since January 21. The US government plans...
News

Huobi Token Drops by 93%, Rise 1,084% Ten Minutes Later

Abdulkarim Abdulwahab -
Huobi Global HT flash fell from $4.9375 to about $0.313. Data shows a $2M transaction was registered a few minutes before the crash. Huobi token’s 24-hour...
News

China Parliament Member to Ask Govt to Illegalize NFT Speculation

Abdulkarim Abdulwahab -
Feng Qiya plans to propose NFT regulatory system at the annual Beijing meeting. It includes clamping down on NFT speculation to avoid financialization. Previously, China NFT...
News

Crypto Lawyer Calls Out US Senator Brown for Anti-Crypto Bias

Abdulkarim Abdulwahab -
Crypto lawyer described US asset regulators as anti-crypto thugs. Senator Brown blamed Silvergate Bank's insolvency on crypto's volatility. A crypto enthusiast argued Silvergate’s case was user...
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