traditional banks

On April 26th, according to the US stock market, the market value of First Republic Bank has fallen below $1 billion, and its stock price has fallen below $5. It is now down nearly

According to reports, DeFiLlama data showed that the TVL of DeFi protocol dropped to 41.7 billion US dollars, of which Lido ranked first with 8.41 billion US dollars, MakerDAO ranked second with 7.03 billion US dollars, and AAVE ranked third with 4.37 billion US dollars. The TVL on the Ethereum chain fell to US $25.31 billion, and the index fell by 7% in the past 30 days (on February 11, the value was US $27.2 billion). Interpretation of this information: The DeFiLlama data shows that the Total Value Locked (TVL)…

On March 11, Lawrence Summers, the former US Treasury Secretary, said in an interview with Bloomberg that he believed that the thunderstorm of Silicon Valley banks would not pose a systemic risk to the financial system. Interpretation of this information: In a recent interview with Bloomberg, Lawrence Summers expressed his opinion on the nature of the current growth in Silicon Valley banks. He stated that the current trend of these non-traditional banking institutions would not pose a systemic risk to the financial system. According to Summers, these institutions may have…