As mentioned days ago, this SVB failure will have dramatic spillover effects into stocks and crypto.
These US banks halted trading at the open today:
Western Alliance Bancorp down 75%
First Republic Bank down 66%
Customers Bancorp down 54%
PacWest Bancorp down 46%
Zions Bancorp down 44%
Bank of Hawaii down 42%
Comerica down 39%
East West Bancorp down 32%
Then Biden says, "The banking system is safe." LOL.
Where have we heard statements like that before something went pop?! Hmmm, SBF, 3AC, Celsius and pretty much every other Crypto project leader that went pop in 2022...
(Thanks to Disclose TV for these stats)
ICYMI: We're moving all Ferro Card NFTs to our Gauss chain in TWO DAYS!
⦁ A snapshot of all holders/wallets will be taken on Weds 3/15 at 8pm EST
⦁ NFTS will be airdropped to those addresses
⦁ We are EVM-compatible; Both hot/cold wallets should work. We recommend Metamask.
What protections exist for brands & IP with decentralized ecosystems? What about those for users?
... None, right?
That's a large part of what we're solving for with Gauss.
Transparency, accountability, & users' custody of assets should take center stage in 2023.
@gaussgang
Thankful for a great many things.
Thanksgiving w/ friends, my birthday, and more.
We're moving forward every day and we keep checking milestones off the list. 🧙♂️
The Gauss community is amazing.
Our team is arriving in Miami for @DcentralCon & @ArtBasel already.