The collapse of Silicon Valley Bank (SVB) on March 10, 2023, was a shock to the financial sector and the tech industry. As one of America's 20 largest commercial banks, SVB had a dominant position in financing technology startups and venture capital firms. However, the bank's downfall was caused by a combination of factors, including fraud allegations, regulatory scrutiny, liquidity problems, and a run on deposits.

SVB's collapse was the second-largest bank failure in US history, and its impact is still unfolding. Many customers, investors, and partners of SVB have lost money or access to credit. Some startups have gone bankrupt or struggled to find alternative funding sources. The FDIC has taken over SVB and is trying to sell its assets and repay its creditors.
However, the collapse of SVB could also trigger a sea change in banking, as it exposes the risks and vulnerabilities of relying on a single institution for financing innovation. SVB was known for its specialization...

Portugal has long been known as a popular place for tourists, but in recent years it has also become an attractive option for people look for calm places and safe for investments . One way to invest in Portugal is by putting money into a qualifying Investment Fund that is regulated by the Portuguese Securities Market Commission (CMVM).

These Investment Funds are typically based on venture capital investments in real estate or technology startup companies, and they offer a way for individuals to invest at least €350,000 in these ares .

Venture capital funds are investment vehicles that provide funding to early-stage companies, typically in the form of equity. By investing in a venture capital fund, individuals can gain access to a diversified portfolio of companies that have the potential to generate high returns. The focus on real estate or technology sectors can provide investors with a range...

Learning from "Mastering the Mental Game of Poker" provides several examples and practical exercises throughout the book to help readers understand and apply the concepts discussed. Here are a couple examples of exercises that the book suggests:

One try that the book suggests for managing emotions at the poker table is to practice deep breathing and visualization techniques. For example, the book advises players to take a deep breath, hold it for a count of four, and then exhale slowly for a count of four. This exercise can be repeated several times to help reduce anxiety and promote a sense of calm and focus.
Another exercise that the book suggests for preventing and managing tilt is to remind your self of your long-term targets. as example, the book advises players to write down their goals, such as "I want to become a winning player over the next six months" and refer back to them when they...

Is StrongBlock a Scam?​

Have you heard of the cryptocurrency concept and platform StrongBlock? Have you seen statements on Twitter from investors who are overjoyed with their investment and want everyone else to join them? Or have you read an article or a tweet that says the exact opposite? It is possible to purchase STRONG tokens and simply sell them when the price rises, or you may purchase 10 Strong tokens (now worth over $10,000) and purchase a node that will create passive revenue for you in the next months and, ideally, years! Is the entire enterprise, however, a gigantic Ponzi scheme?

Today's...​

The Top 10 Middle Eastern and African Banks and what they think about crypto​

In this article, we will take a deeper look at ten of the top banks in the MEA area.

The Absa Group (104,485$ in millions)​

Absa Organization Limited is a financial services group established in South Africa that provides personal and business banking, credit cards, corporate and investment banking, wealth and investment management, and bank assurance.

The COVID-19 pandemic has hastened digital transformation and adoption, giving rise to digital currencies and other payment innovations.

The global banking sector is increasingly moving toward a "marketplace without borders," and digital currencies - as a...