Overview • USDC stablecoin depegged from its $1 parity owing to the shutdown of the US banking giant Silicon Valley Bank. • The failure of this largest bank is registered as the worst banking crash since 2008 financial crisis. •…

• Third party breached an employee’s computer and utilized the information it acquired to send a phishing email. • Malware-infested URLs disguised as advertisements in the emails sent to users of The Sandbox. • The Sandbox team issued a warning…

• Mawson Infrastructure Group Inc. has closed its facility in Condong, NSW, Australia and is now relocating 5,376 ASIC Miners to Pennsylvania sites for deployment in Q2 of 2023. • This equipment is fully funded and will be deployed across…

• Catamaran Guru and Trippy Sailors Adventure Club have launched an NFT Collection with exclusive sailing perks for members. • The collection aims to promote and educate the world of sailing, as well as open up access to luxury trips…

• TMT Racing has announced Conor Daly will attempt to qualify for the 2023 Daytona 500 and race up to six additional NASCAR races. • Conor Daly is a full-time NTT INDYCAR SERIES driver who previously competed at the NASCAR…

• Floki Inu has approved the plan to burn 4.97 trillion FLOKI tokens. • The voting process finished on January 29, with 99.9% of the people voting in favor of burning the bridge token and 0.03% voting against it. •…

• 3HOUSE, the leading Web3 investment community, recently introduced a new initiative called Campfire to provide comprehensive “deep dives” for Web3 investors. • Campfire is the 3HOUSE community’s fortnightly focus direction, helping investors gain a deep understanding of investment principles…

• Tesla Inc (NASDAQ: TSLA) has slashed its car prices for the third time around the world. • The price slash extends to its pricing in the United States as well as other key markets in Europe such as the…

• Silvergate Bank had to resort to a 200-employee layoff and asset liquidation to survive the FTX-triggered crypto meltdown. • The bank also halted plans to launch a digital currency, wrote off $196 million linked to the acquisition of Diem…

• Amazon has announced that it will be carrying out a record layoff of 18,000 employees due to the global economic crisis. • The decision will affect the company’s e-commerce and human resources departments. • Amazon recently doubled its base…