withdraw

Virtus.pro Withdraws from IEM Rio 2023 and is Replaced by Imperial Esports

Source Node: https://platodata.network/platowire/virtus-pro-withdraws-from-iem-rio-2023-and-is-replaced-by-imperial-esports/
Time Stamp: April 14, 2023 1:51 PM - Modified On: April 14, 2023 - Published By:
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Republished By Plato

Virtus.pro, one of the most prominent esports organizations in the world, has announced its withdrawal from the upcoming Intel Extreme Masters (IEM) Rio 2023 tournament. The decision comes as a surprise to many fans and industry experts, as Virtus.pro has been a consistent presence in major esports events for years.The reason for Virtus.pro's withdrawal from IEM Rio 2023 has not been officially disclosed. However, rumors suggest that the organization is facing internal issues, including conflicts between team members and management. Some sources also speculate that Virtus.pro is struggling financially, which

US Officials Contemplate Extending Deposit Insurance Coverage to More Individuals and Institutions

Source Node: https://zephyrnet.com/us-officials-consider-expanding-deposit-insurance-coverage/
Time Stamp: March 22, 2023 5:13 AM - Modified On: March 22, 2023 - Published By:
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Published by Plato

In the wake of the 2008 financial crisis, US officials have been contemplating extending deposit insurance coverage to more individuals and institutions. Deposit insurance is a government-backed program that protects depositors in case their bank fails. The Federal Deposit Insurance Corporation (FDIC) is the agency responsible for administering this program.Currently, the FDIC insures deposits up to $250,000 per depositor per insured bank. This coverage applies to all types of deposit accounts, including checking, savings, money market, and certificate of deposit (CD) accounts. The FDIC does not insure investments such as

US Officials Discuss the Possibility of Increasing Deposit Insurance Coverage

Source Node: https://zephyrnet.com/us-officials-consider-expanding-deposit-insurance-coverage/
Time Stamp: March 22, 2023 5:13 AM - Modified On: March 22, 2023 - Published By:
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Published by Plato

In the wake of the 2008 financial crisis, US officials are discussing the possibility of increasing deposit insurance coverage. Deposit insurance is a type of insurance that protects depositors in case their bank fails. Currently, the Federal Deposit Insurance Corporation (FDIC) provides deposit insurance coverage up to $250,000 per depositor, per insured bank.The idea of increasing deposit insurance coverage has gained traction in recent years, as many people are still wary of the banking system after the financial crisis. The FDIC has been advocating for an increase in deposit insurance

How Blockchain Technology is Transforming the Online Casino Industry

Source Node: https://zephyrnet.com/blockchain-technology-has-revolutionized-the-online-casino-industry/
Time Stamp: March 21, 2023 3:17 PM - Modified On: March 21, 2023 - Published By:
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Published by Plato

Blockchain technology has been making waves in various industries, and the online casino industry is no exception. The decentralized and transparent nature of blockchain technology is transforming the way online casinos operate, providing players with a more secure and fair gaming experience.One of the primary benefits of blockchain technology in the online casino industry is its ability to provide provably fair gaming. Traditionally, online casinos use a random number generator (RNG) to determine the outcome of games. However, this system can be manipulated, leading to unfair gameplay. With blockchain technology,

Euler Finance Recovers $5.4M Lost to DeFi Hacker

Source Node: https://zephyrnet.com/defi-hacker-returns-5-4m-to-euler-finance/
Time Stamp: March 20, 2023 5:07 AM - Modified On: March 20, 2023 - Published By:
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Published by Plato

The world of decentralized finance (DeFi) has been rocked by a major security breach. On August 7th, 2020, Euler Finance, a decentralized finance protocol, announced that a hacker had stolen $5.4 million worth of cryptocurrency from its platform. The attack occurred when the hacker exploited a vulnerability in Euler's smart contract code. The hacker was able to withdraw funds from the Euler Finance platform without authorization. The stolen funds included Ethereum, USDC, and DAI tokens. In response to the attack, Euler Finance took immediate action to secure its platform and

The Benefits of Investing in Asset Diversification

Source Node: https://zephyrnet.com/the-importance-of-diversification/
Time Stamp: March 17, 2023 10:00 AM - Modified On: March 17, 2023 - Published By:
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Published by Plato

Asset diversification is an important concept in investing, and it can be beneficial to investors of all levels of experience. By diversifying your investments, you can reduce your risk while still achieving your financial goals. Here are some of the key benefits of diversifying your investments. 1. Reduced Risk: By spreading your investments across different asset classes, you can reduce your risk of loss. This means that if one asset class performs poorly, the other assets may still be able to provide a return. This helps to protect your portfolio

Poolz Finance Smart Contract Hacked on Binance Smart Chain and Polygon, Resulting in Loss of US$390,000

Source Node: https://zephyrnet.com/web3-crowdfunding-launchpad-poolz-finance-hacked-for-us390000-on-bsc-polygon/
Time Stamp: March 15, 2023 11:53 AM - Modified On: March 15, 2023 - Published By:
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Published by Plato

On May 11th, 2021, a major security breach occurred on the Binance Smart Chain and Polygon networks, resulting in the loss of US$390,000 worth of cryptocurrency. The hack targeted the Poolz Finance smart contract, a decentralized finance (DeFi) protocol that allows users to earn rewards by providing liquidity to the platform. The hacker was able to exploit a vulnerability in the smart contract code, allowing them to withdraw funds from the platform without authorization.The Poolz Finance team was quick to respond to the incident, releasing an official statement on their

Bitcoin Perps Suffer Worst Performance Since FTX Collapse, as Bitcoin Withdrawals from Exchanges Increase

Source Node: https://zephyrnet.com/bitcoin-perps-most-negative-since-ftx-collapse-while-bitcoin-continues-to-be-withdrawn-from-exchanges/
Time Stamp: March 12, 2023 4:00 PM - Modified On: March 12, 2023 - Published By:
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Published by Plato

The recent collapse of the FTX exchange has had a significant impact on the performance of Bitcoin Perps, a type of cryptocurrency derivative. Bitcoin Perps are a type of derivative that tracks the price of Bitcoin and allows traders to speculate on its future performance. Since the collapse of FTX, Bitcoin Perps have suffered their worst performance since their launch in 2019. The collapse of FTX was caused by a surge in Bitcoin withdrawals from the exchange. This surge was triggered by news that the exchange was under investigation by

Silicon Valley Bank Plunges 70% as Venture Capital Firms Urge Startups to Withdraw Funds

Source Node: https://zephyrnet.com/silicon-valley-bank-is-on-verge-of-collapse-vc-firms-urge-startups-to-withdraw-funds-from-crisis-laden-bank-stock-down-70/
Time Stamp: March 10, 2023 4:09 PM - Modified On: March 10, 2023 - Published By:
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Published by Plato

Silicon Valley Bank (SVB) has recently experienced a dramatic drop in its stock price, plunging 70% in the wake of venture capital firms urging startups to withdraw their funds. This news has sent shockwaves throughout the tech industry, as SVB has long been a major player in the venture capital world.SVB has been a major source of venture capital for startups since its founding in 1983. The bank has provided financing to some of the most successful startups in the world, including Uber, Airbnb, and Dropbox. However, in recent months,

Impact of Silvergate Bank’s Withdrawal on USD Market Depth in Cryptocurrency Trading

Source Node: https://zephyrnet.com/silvergate-troubles-affecting-cryptos-usd-market-depth/
Time Stamp: March 9, 2023 11:07 AM - Modified On: March 9, 2023 - Published By:
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Published by Plato

The cryptocurrency market has been booming in recent years, with many investors looking to capitalize on the potential of digital assets. One of the key factors that has enabled this growth is the availability of USD liquidity, which allows traders to easily convert their fiat currency into digital assets. However, this liquidity has recently been impacted by Silvergate Bank’s decision to withdraw from the cryptocurrency market.Silvergate Bank is a California-based financial institution that provides banking services to digital asset companies. It was one of the first banks to offer banking

Bybit Launches Debit Card and Suspends US Dollar Deposits

Source Node: https://zephyrnet.com/bybit-launches-debit-card-suspends-us-dollar-deposits/
Time Stamp: March 6, 2023 5:27 AM - Modified On: March 6, 2023 - Published By:
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Published by Plato

Bybit, a leading cryptocurrency derivatives exchange, recently announced the launch of its Bybit Debit Card and the suspension of US Dollar deposits. This move is part of the company’s effort to make cryptocurrency more accessible and to provide users with a convenient way to spend their digital assets. The Bybit Debit Card is a Visa-branded card that allows users to spend their cryptocurrency holdings at any merchant that accepts Visa. The card also supports multiple currencies, including Bitcoin, Ethereum, Litecoin, and Ripple. Users can also use the card to withdraw