Author: Owen Clark
Bank Failure Fallout: Yellen Proposes A Refund Of Only Systemic-Risk Banks
In the face of two high-profile bank failures in the country, Janet Yellen, the Treasury Secretary of the United States, asserted that the federal government…
KuCoin Spearheads A $10 Million Funding Round For The Issuer Of Yuan-pegged Stablecoin
The investment division of a prominent crypto exchange, KuCoin, is taking steps to endorse the stablecoin projects by supporting a stablecoin issuer pegged to the…
UAE And India Will Work Together To Develop Digital Currencies
To explore the possibility of interoperability between their respective CBDCs, the UAE — United Arab Emirates and India have announced plans to conduct pilot programs…
MEV Rewards Via Ethereum Records A New All-Time High
The recent collapse of SVB and its implications for the cryptocurrency industry have caused validators running the ETH network to experience a substantial surge in…
India’s SVC Bank Clears The Air Over SVB Mix-Up
Last week saw a tense period in the crypto industry with the collapse of the US-based Silicon Valley Bank, which sent shockwaves across the business…
Despite The Deepening Banking Crisis, The Price Of Bitcoin Holds Up
The financial agencies, particularly those in the United States, have been dedicating a significant amount of their resources and efforts to repressing the cryptocurrency industry…
East China Sea Dispute: China Challenges Japan’s Territorial Claims
The East China Sea has been an area of increasing tension between China and Japan for some time now. In recent weeks, the situation has…
Jitters In European Bank Stocks Lead To A Surge In The Dollar And Yen
The markets have been rocked by the news that Credit Suisse, one of Europe’s largest banks, is being rocked by current market conditions. The markets…
Euro Area Industrial Production Stats Release Boosts DAX
The German DAX is setting its sights on the green as investors prepare for the release of Euro area industrial production figures. Industrial production is…
Stablecoin Redemption Begins As 314 Million USDC Moves To Unknown Wallet
The crypto industry is on the verge of recovering from the stablecoin dollar incident that has rocked the USD Coin (USDC) token. Per the Web3…
Coinbase Resumes USDC Conversion As The Stablecoin Almost Regains Its Peg
Coinbase has announced the resumption of USDC to USD conversion as the crypto market returns to normalcy after a weekend of high volatility. According to…
More Cryptocurrency Traders Are Seeking Help After Trading – Therapists
According to therapists who treat individuals with gambling addiction, there has been a significant increase in people seeking help after dabbling in cryptocurrency trading. It…
Amid Banking Turmoil, ECB Plans To Maintain Large Interest Rate Hike
According to a source, ECB will likely maintain a significant rate hike on Thursday despite banking turmoil. Though some analysts have argued that the ECB…
Rising Bank Fear Spurs Binance To Convert $1B Funds To Cryptocurrencies
The news that Binance has turned over the rest of its $1B Industry Recovery Initiative into cryptocurrencies has sent shockwaves throughout the financial world. It’s…
Starbucks Launches Odyssey NFT Collection Amid Crypto FUD
Starbucks, the world’s leading specialty coffee roaster and retailer, recently announced the launch of its inaugural series of limited-edition non-fungible tokens (NFTs). The collection comprises…
ECB Rejects Emergency Meeting Amid Plunge In Bank Shares After SVB Collapse
Europe’s apex bank (ECB) has reportedly said it is not planning an emergency meeting of its banking supervisory board. This news comes as U.S. lender…
US Fed To Set Up New Crypto Team As Concerns About Stablecoins Rise
An official from the US Fed has announced that the central bank intends to create a “team of experts” to stay abreast of the latest…
A Market On Edge: Investors Await U.S. Inflation Report
After a tumultuous start to the week, with bank fears rocking the markets, investors are now bracing for the release of the U.S. consumer price…
US Financial Watchdog Accuses BKCoin Executives Of Orchestrating A Cryptocurrency Scam Worth $100 Million
BKCoin Management LLC and its Co-Founder—Kevin Kang, have been accused of defrauding investors with a fraudulent cryptocurrency scheme amounting to $100 million by the United…
Cardano Founder Mocks Claims Of Disinterest In Cardano NFTs
Charles Hoskinson, the founder of Cardano, recently gave a sarcastic response to claims that the Cardano non-fungible token community is not as interested in the…
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