Swiss Bankers Association proposes deposit tokens to develop digital economy
A deposit token is a concept that came out of Singapore’s Project Guardian last year, and it has already been...
Month: March 2023
Bitcoin bears could face $440M loss in Friday’s options expiry
The bailout of Silicon Valley Bank provided a significant advantage to BTC bulls on the weekly $1.2 billion BTC options...
Ethereum Upgrade to Implement Beacon Chain Withdrawals Scheduled for April 12
During the Execution Layer Meeting streamed on March 16, 2023, Ethereum developers announced that the blockchain is scheduled to upgrade...
Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply
The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley...
On the Brink of a New Trend: Credit Suisse Receives 50 Billion Swiss Franc Bailout From Swiss National Bank
Credit Suisse has experienced a loss of confidence in the financial institution’s health following a significant drop in its shares’...
Meta Announces 10,000 Layoffs in ‘Year of Efficiency’ Move; Singles Out AI Over Metaverse as ‘Largest Investment’
Meta, the social media company, will continue to shed part of its workforce, recently announcing 10,000 new layoffs to be...
Blockchain Association seeks info from Fed, FDIC and OCC on ‘de-banking’ crypto firms
The association submitted Freedom of Information Act requests as part of an investigation into how regulators’ actions “improperly contributed” to...
9 key metrics to analyze the health of a bank
Discover nine crucial metrics to analyze bank health: equity, ROA, ROE, NPLs, CAR and more. A bank health check is...
How DAOs could cause the death of the CV
With the rise of remote work and a shift in attitudes towards work, DAOs provide an alternative approach to finding...
Developed markets lagging behind in digital payments: BlackRock CEO
In a letter to investors, BlackRock CEO Larry Fink highlighted the benefits of digital assets and said developing nations like...
FTX influencers face $1 Billion class-action lawsuit over alleged crypto fraud promotion
The suit is led by Edwin Garrison and was filed against "FTX influencers," primarily on the YouTube platform.
Shiba Inu community divided over allegations of code, chain ID plagiarism
"I just want to know why, we, a billion dollar project that paid $10m dollars to develop our layer 2,...
Coinbase expects high demand for ETH unstaking with Shanghai upgrade
Coinbase announces that unstaking requests may take weeks or months to process as they are not in charge of Ethereum’s...
Bitcoin dominance nears 50% as research hails ‘bullish’ narrative flip
The comedown of the past nine months has disappeared during this week's bank crisis-inspired Bitcoin price surge. Bitcoin (BTC) accounts...
India, UAE to explore CBDC bridge to facilitate trade, remittances without USD
The bridge would be the second for the UAE, whose banks successfully participated in the mBridge project last year with...
