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Cardano founder says collapsing Credit Suisse kicked his proposals, calling crypto a danger

0xMain
March 21, 2023

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Cardano founder Charles Hoskinson decided to share an anecdote encompassing his experience with the now-struggling Credit Suisse bank. Hoskinson recounted this story in his podcast streamed on March 20. According to him, back in 2014, while he was in Ethereum (ETH) and based...

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Coinbase offered Circle $3b credit line to repeg USDC

0xMain
March 21, 2023

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Crypto exchange Coinbase reportedly offered a $3 billion credit line to Circle, the crypto company that issues the USD Coin (USDC) stablecoin, in an effort to bring the stablecoin back to its $1 peg. The latest development comes after USDC lost its peg...

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Crypto-friendly bank offers to rescue Credit Suisse

0xMain
March 19, 2023

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UBS Group AG, a crypto friendly bank, is reportedly offering to purchase Credit Suisse, a global investment bank, for up to $1b, per details on Mar. 19 . UBS to the rescue The UBS offer comes after BlackRock rejected claims to a deal to salvage...

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BlackRock is not interested in buying Credit Suisse

0xMain
March 19, 2023

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BlackRock has refuted claims that they are interested in a deal to salvage Credit Suisse, a Swiss-based global investment bank. BlackRock is not buying Credit Suisse Recent reports highlighted that BlackRock, a global investment company with over $10t in assets under management, was...