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Binance CEO announces recovery funds conversion from BUSD to 'native crypto'

The failure of three major crypto-backing banks, Silicon Valley Bank (SVB), Silvergate Bank and Signature Bank caused the stablecoin (USDC) to fall to as low as $0.87 from its $1 benchmark.  Amid the concern mounting around stablecoins, Binance CEO and co-founder Changpeng (CZ) Zhao tweeted on March 13 that with the “changes in stablecoins and banks,” it will be converting the remaining $1…

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HRW: Egyptian dissidents denied identity documents | Human Rights News

Egyptian authorities have systematically denied scores of dissidents and activists living abroad from accessing or renewing their identity documents, to pressure them into returning to Egypt, Human Rights Watch (HRW) has revealed. In a report released on Monday, the New York-based rights group said the refusal of authorities to provide birth certificates or renew essential documents, including…

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10 Best Luxury Cars Under $20,000 in 2023

When shopping for the best luxury cars on a budget, you want to ensure you get something with the features, style, and performance you need. After all, you’re investing in something that will last for years, and you want to be sure it’s worth your money. Luckily, for those of us with a smaller budget of about $20k, there are many great options. From sporty cars to powerful sedans and SUVs, here…

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7 best Oscars moments from the 95th Academy Awards

This video can not be played To play this video you need to enable JavaScript in your browser. Media caption, WATCH: Ke Huy Quan and Jamie Lee Curtis make emotional speeches The 2023 Academy Awards were full of emotional acceptance speeches, surprising turns and out-of-this-world movies. Here are some of the best moments from the year’s biggest night in Hollywood. A full-circle…

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Bitcoin rallies amid US watchdogs' intervention in bank crisis

Bitcoin (BTC) is recovering after a plunge amid the troubles at Silicon Valley Bank and Silvergate that caused investor panic. As US regulators announced support to help customers recover lost funds, the bitcoin price is bullish. Bitcoin enthusiasts could start their week full of smiles as the digital gold is on for a comeback. It has recorded an increase of close to 10% in valuation within the…

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UN chief: 'Cold, hard facts' should guide climate policy

Comment on this story Comment BERLIN — The head of the United Nations called Monday for scientists to serve up “cold, hard facts” to push governments into making policies that curb climate change before a key global warming threshold is passed. His comments came as experts and officials from around the world gathered for a week-long meeting in the Swiss Alpine town of Interlaken to finalize the…

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How to Fix Dodo Internet Not Working » Dextrava.com

Dodo Internet is one of the most popular internet service providers in Australia, offering a range of internet plans to its customers. However, like any other internet service provider, Dodo Internet users may experience issues with their internet not working. In this article, we will discuss the possible reasons why Dodo Internet may not be working and provide practical solutions on how to fix…

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Luxury automaker Porsche issues growth outlook after record 2022 earnings

The all-electric Porsche Taycan Turbo. Source: Porsche AG Luxury automaker Porsche AG issued an ambitious long-term outlook of more than 20% of return on sales, after posting record 2022 earnings on Monday on the back of higher deliveries. The carmaker said its operating profit hiked by 27% to 6.77 billion euros ($7.23 billion) last year, when deliveries rose by 2.6% to 309,884 units. The…

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Bank of London Submits Proposal to Acquire Silicon Valley Bank (SVB) UK Arm

According to Bank of London co-founder and CEO Anthony Watson in a statement, the acquisition of Silicon Valley Bank SVB’s assets could be a unique opportunity to grow the banking sector in the United Kingdom. The defunct Silicon Valley Bank (SVB), a commercial bank headquartered in Santa Clara, California, has attracted the attention of major financial regulators around the world. With offices…

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Pakistan govt. makes public record of Toshakhana gifts; retainers include Shehbaz, Nawaz, Imran Khan, Zardari

ISLAMABAD: The Pakistan government has for the first time made public details of foreign gifts retained by officials amidst the controversy over the Toshakhana gifts sold by former premier Imran Khan.The details of Toshakhana or the state depository were revealed on Sunday on the website of the Cabinet Division, showing the gifts retained by former presidents, prime ministers, federal cabinet…

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Regulators Shutter Signature Bank After SVB Collapse

In an effort to avoid the spread of the banking meltdown, authorities have announced the closure of another crypto-friendly bank – New York-based Signature Bank – dealing a severe blow to the crypto industry. State regulators pulled the plug on Signature Bank on Sunday, March 12 – the third largest failure in U.S. banking history – two days after the government took down Silicon Valley Bank in a…

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Coinbase CEO ponders banking features after Silicon Valley Bank crisis

The wider cryptocurrency community continues to debate the ongoing fallout following the closure of three major American banks, with calls for neobank services for the industry on the cards. Silicon Valley Bank (SVB), which has traditionally served startups across a number of innovation sector industries, was shuttered by California’s Department of Financial Protection and Innovation on March…

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Photos: The Oscars 2023 ceremony | Entertainment News

It was a night of historic wins at the 95th annual Academy Awards that took place on Sunday at the Dolby Theatre in Los Angeles, California. The evening made history, with Michelle Yeoh becoming the first Asian performer to win best actress and India winning its first trophy for best song. Here are some photographs from the ceremony. #Photos #Oscars #ceremony #Entertainment #News

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How to Fix Windows Shift S Not Working » Dextrava.com

Windows+Shift+S is a powerful shortcut in Windows 10 that allows you to capture a selected area of your screen and save it to the clipboard or a file. This feature, also known as Snip & Sketch, is handy for taking screenshots, annotating images, and sharing information. However, if you encounter Windows+Shift+S not working issues, you may feel frustrated and unable to use this feature as…

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Jamie Lee Curtis speaks Hungarian and other backstage Oscar gems

Backstage at the awards, stars process their wins with selfies and by belting out Hungarian songs. #Jamie #Lee #Curtis #speaks #Hungarian #backstage #Oscar #gems

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DAI recovers after severe depeg caused by USDC ripple effect

MarketDAO’s stablecoin DAI recently experienced a recovery following a de-pegging event that saw the stablecoin drop from the $1 value to $0.88. As the Silicon Valley Bank saga continues, the price of USDC, which is pegged to the US dollar, experienced a sudden drop over the past two days. MakerDAO’s algorithmic stablecoin DAI suffered the same fate, depegging from its intended value of $1,…

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HSBC Acquires Silicon Valley Bank UK for a Pound (Report)

HSBC Holdings – the largest banking institution in the United Kingdom – will reportedly purchase Silicon Valley Bank UK Limited (SVB UK) for £1 ($1.20). Silicon Valley Bank made the headlines last week, revealing liquidity issues and balance sheet holes. This triggered huge panic among venture capital firms, who reportedly advised investors to withdraw their funds from the bank. After failing to…