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USDC Dodges a Bullet, But Crypto Industry Now Has New Problems Listen to the CoinMarketRecap podcast on Apple Podcasts, Spotify and Google Podcasts Three major banks with deep ties to crypto may have collapsed this weekend, but Circle's USDC stablecoin seems to have survived a potentially existential crisis of its own. The No. 2 stablecoin lost its peg on Saturday dropping to $0.8774 in the wake of news that it had $3.3 billion trapped in the collapse of Silicon Valley Bank a day earlier. By Sunday night it had risen as high as $0.9971, approaching its full dollar peg, although in the first few hours of Monday morning it fell back to $0.9909, suggesting ongoing uncertainty. And the importance of the U.S. markets response Monday morning. A couple of things had happened, most notably the U.S. Treasury Department, Federal Reserve and Federal Deposit Insurance Corporation (FDIC) announced that they would use emergency powers to ensure that all depositors were made whole, rather than ju...

UAE Airline “flydubai” Hiring For Top Positions with Salary upto 18,000 Dirhams. Flydubai Careers in Dubai 2023 New Job Openings UAE: Hey, you should most definitely check out Flydubai if you’re seeking for a job in Dubai. More than 90 locations in the Middle East, Africa, Europe, and Asia may be reached by flying with this airline, which has its base in Dubai. They are well known for their affordable prices, cosy accommodations, and first-rate service. Read on to learn how you might be able to land a Flydubai job in Dubai since they also know the inside scoop on all employment opportunities in the aviation industry!. To know more about this job and location details continue reading “flydubai Careers About flydubai Airlines flydubai is a state-owned low-cost airline based at Dubai International Airport, where it also has its headquarters. flydubai was founded in 2008 by the Dubai government with a vision and commitment to take it to the next level. Years later, flydu...

Roger Federer Becomes  One of Highest Paid Athlete in the World with Earning of $1.38 Billion Roger Federer walked off the tennis court with a retirement net worth of $550 million, according to wealth-tracking website Celebrity Net Worth. In total, he has earned more than $1.38 billion in endorsements and prize money during his career. Federer has won 103 ATP singles titles, including 20 Grand Slam titles over 24 years. With a longer tennis career than most players, he has collected $130.5m in prize money. The total puts him third in the tour’s history, behind long-time rivals Novak Djokovic at $159m and Rafael Nadal at $132m. But Federer leads the all-time financial scoreboards, with more than $1bn in endorsements before taxes and agents’ fees, according to Forbes estimates. By contrast, Nadal has banked $500m in endorsements and Djokovic $470m. “I have played more than 1,500 matches over 24 years. Tennis has treated me more generously than I ever would have dreamt, and now I must...

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Crypto Wallets Withdraw $902M USDC From Centralized Exchanges in Past 24 Hours Amid SVB Silvergate Shutdowns. $11.4 billion of USDC reserves are held in the form of cash at Reserve Banks, which include the two members of the Federal Reserve System. I The shutdown of two federally insured members of the Federal Reserve System Silicon Valley Bank and Silvergate Bank is causing ripple effects in the crypto ecosystem, with many now looking at how these two events- will impact Circle, the payment services  company that operates stablecoin USDC. As the crypto-adjacent banks are shutting down, some in the crypto space have highlighted how a significant portion of USDC reserves are stuck in cash in Reserve Banks. Deloitte's accountant report of Circle, published on March 2, indicated that Circle held cash with the following banks as of January 2023: Bank of New York Mellon; Citizens Trust Bank; Customers Bank; New York Community Bank, a division of Flagstar Bank, N.A.; Signature Bank; ...

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Saudi Futuristic Megacity ‘NEOM’ Hiring more than 130 Job Opportunities The Kingdom of Saudi Arabia’s $500 billion mega business and tourism project NEOM is currently hiring more than 130 job opportunities around the world to turn the mega project into a reality. Recruiters seek candidates to work in a range of different sectors to work at large-scale construction across NEOM regions including THE LINE and OXAGON. NEOM currently hiring in the fields of industrialization and innovation, corporate development, health and safety, finance, public safety, sports, strategy planning and technology, marine conservation, government engagement, and government services and operations. More positions in the areas of security operations, risk management, environment, board relations, energy, real estate, executive management, land mobility, urban planning, heritage, logistics operations, supply chain services, water utility, corporate services, and asset development, municipal affairs and positions...

Bitcoin Price Prediction as Fed Chair Powell Warns of Higher Than Expected Interest Rates Will Crypto Prices Crash?? In the world of cryptocurrency, Bitcoin remains one of the most popular and widely traded assets. Recently, as the Chairman of the US Federal Reserve, Jerome Powell, warned of higher-than-expected interest rates, many investors question whether this will lead to a crash in crypto prices. In this update, we will take a closer look at the current state of the cryptocurrency market, analyze recent trends in Bitcoin prices, and predict what the future holds for the world's most well-known digital asset. Bitcoin Failed To Stop Its Losses & Remain in the Red Amid Powell's Hawkish Stance & Uncertainties Surrounding Silvergate Bank Bitcoin Price Prediction: Quick Fundamental Outlook Bitcoin (BTC), the world's largest cryptocurrency, has been unable to gain any positive traction and continues to flash red within the $22,000 range. The declines can be attribute...