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President Joe Biden has personally promised to hold Silicon Valley Bank and Signature Bank accountable for any bankruptcy they may face, ensuring Americans that their deposits are safe.
"The American people and American businesses can have confidence that their bank deposits will be there when they need them," he tweeted.
We're eagerly waiting for more details on this matter! 
According to the March 2023 reserve report , a total of 8.7 billion USDC is being held in six banks. However, three of these banks – Silvergate, Signature, and Silicon Valley Bank – are currently experiencing liquidity and solvency issues. The situation is especially dire for Silicon Valley Bank, which held 3.3 billion USDC and has been forced to close by the California Department of Financial Protection and Innovation.
The USDC price has dropped by 15%, to $0.86, in response to these developments. Additionally, the DAI stablecoin has fallen by 10%, as up to 50% of its collateral is held in USDC.
Currently, US Treasury bills account for 77% of the USDC reserves. The remaining 23% is held in cash at various banking institutions. The fate of these funds will depend on the outcome of the bankruptcy process for the affected banks and the amount of funds that can be recovered. 
FTX exchange. Is the patient more dead than alive?
In an attempt to save their company from bankruptcy, the FTX team plans to increase the salaries of their best coders and accountants with "unique knowledge and skills." The bonuses will range from 17 to 94%. There is a total of $4 million in the talent support fund. 
Ameen Soleimani, one of the first contributors to the scandalous Tornado Cash crypto mixer, has announced the launch of a new mixing service called Primacy Pools, which is based on the TC code.
Now, every hacker and criminal will have a chance to demonstrate that they are not engaging in any malicious activity (but not for sure). What is clear is that honest users will be able to prove that they have not committed fraud and are therefore legitimately using the privacy-enhancing service.
Predictably, the new service uses zero-knowledge proof, which is the main trend of 2023. It is a protocol that confirms information without disclosing it.
Your move, SEC! 
Token and cryptocurrency functions you need to know
There are different ways to classify tokens and cryptocurrencies, but it's most useful to group them by the functions they perform. This will help you understand the value of each type, which is an essential factor when deciding which crypto asset to invest in. 
A bitcoin mining operation powered entirely by "green" nuclear energy has just launched in Pennsylvania. TeraWulf has announced that it will be using the Susquehanna nuclear power station to mine BTC.
The key details about the project:
Nuclear power station capacity – 2.5 GW.
Fixed cost of electricity – $0.02 per kWh for five years.
Planned load – 50,000 mining rigs, 160 MW.
Actual load at present – 8,000 mining rigs.
Computing power – 5.5 EH/s.
With such a low electricity rate, this project promises to be highly profitable even in a bear market. Indeed, it's a far cry from mining BTC in a school's crawlspace! 
The bOS will serve as the entry point for the Open Web for both users and developers, making Web3 easier than ever to access and navigate.
The Blockchain Operating System will allow users to browse and discover open web experiences, compatible with any blockchain.
Currently, the Near Protocol ecosystem boasts over 23 million registered accounts and more than a thousand projects.
However, the company's ultimate goal is to attract 1 billion users to the Open Web. 
Payouts will begin on March 10 and will be made in both BTC and fiat. As of now, the applicants will receive about a fifth of the claim amount.
For 2019, the exchange balance was 142 thousand BTC ($3.3 billion), 143 thousand BCH ($19 million) and $510 million in Japanese yen.
It must be said that the situation with Mt.Gox was so hopeless that many investors perceived the receipt of their coins as a gift from the gods. In addition, bitcoins were lost at a completely different price.
Adam Beck, CEO of lending company Blockstream, says:
“I pretty much wrote off the bitcoins I had on Mt.Gox as a loss. So philosophically, whatever I get now is a cold storage bonus.” 