resilience
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Understanding the Recent Issues with Open AI: A Deep Dive
On April 24th, according to data from the interruption tracking website Downdetector, over a thousand users reported usage issues with Open AI on the evening of April 23rd Eastern
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Gnosis Builders Announces $5 Million Project – Gnosis VIP – to Attract More Validators
According to reports, Gnosis Chain developer Gnosis Builders has announced a $5 million project to increase the number and diversity of validators through incentive mechanisms. Acc
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Binance to Support Klaytn Network Upgrades and Hard forking
On April 12th, it was announced that Binance will support Klaytn (KLAY) network upgrades and hard forking. The Klaytn (KLAY) network upgrade and hard fork will be carried out at th
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Moonbeam’s Network Downtime: Understanding the Impact of Smart Contract Platforms on the Blockchain
On April 6th, it was reported that the main network of Moonbeam, a Poka smart contract platform, experienced a downtime accident and has not produced new blocks for over an hour. M
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Euler Finance Attackers Return Funds to Project Team: What Happened and What it Means for the Crypto Industry?
According to reports, on April 4, 2023, Euler Finance attackers returned 12000000 DAIs and 10580 ETHs to the Euler project team, according to the Beosin EagleEye security risk moni
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The Surge in Non-Zero ETH Addresses: Is it a Bullish Sign?
On March 25th, according to Glassnode data, the number of ETH non zero addresses reached a record high of 96112215.
The number of ETH non zero addresses hit a record high
On March -
Powell: The Federal Reserve is ready to provide liquidity to eligible institutions
According to reports, the United States Treasury Department, the Federal Reserve, the Federal Deposit Insurance Corporation of the United States, and the Office of the Comptroller of the Currency issued a joint statement. U.S. Treasury Secretary Yellen and Federal Reserve Chairman Powell stated that the deposit support provided by banks to the First Republic Bank demonstrated the resilience of the banking system. The Federal Reserve is ready to provide liquidity to eligible institutions. Interpretation of this information: The joint statement released by the United States Treasury Department, the Federal Reserve,…
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Circle transferred the $3.3 billion reserve of Silicon Valley Bank last Thursday, and it will arrive next Monday at the earliest
On March 12, Jeremy, the founder of Circle, tweeted that USDC’s $3.3 billion cash reserves remained in SVB. As of Thursday, we have started to transfer these funds to other banking partners. Although these transfers have not been settled by the end of Friday, we are confident in FDIC’s management of SVB and are ready to receive these funds at any time. In addition, if the reserve of US $3.3 billion cannot be returned 100%, Circle will use the company’s resources, not excluding the use of external capital, to make…
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US Treasury Secretary Yellen: regulators have been convened to discuss the issue of banks in Silicon Valley
According to reports, US Treasury Secretary Yellen said that the banking system remained resilient; The regulators have been convened to discuss the issue of Silicon Valley banks; Full of confidence in bank regulators. Interpretation of this information: US Treasury Secretary Janet Yellen recently made a statement regarding the resilience of the country’s banking system. She mentioned that the banking system has proven to be quite strong and sturdy in the face of various challenges. This reflects a great deal of confidence in the banking system and its regulators, giving assurance…