Nynu V Jamal
Fed Will Stabilize US Financial Economy, Assures Treasury Secretary
Janet Yellen, the US Secretary of the Treasury, confirmed on Thursday that the Federal government would sustain the financial economy of the United States. The Secretary defended that the Fed...
Hong Kong’s Crypto Firms Under Pressure After Banking Giants’ Fall
Recent reports claimed that the crypto firms in Hong Kong are under pressure after the debacle of the two major financial institutions, namely Silvergate Bank and Signature Bank. As per...
Cardano CEO Releases New Video Titled “Drama and FUD with Governance.”
Charles Hoskinson, the co-founder of the blockchain platforms Cardano and Input Output Global (IOG), released a new video under the title “Drama and FUD with governance” on his YouTube channel,...
RBI and CBUAE Sign MoU: Focuses on FinTech Enhancement
The Reserve Bank of India (RBI) collaborated with the Central Bank of the United Arab Emirates (CBUAE), signing an agreement to “enhance cooperation and jointly enable innovation in financial products...
Fed’s BTFP May Administer $2 Trillion to US Banks, States JP Morgan
JP Morgan Chase & Co, the financial services company stated on Wednesday that the Federal Reserve’s emergency funding program would administer almost $2 trillion in funds into the US banking...
Financial Sector is Open to Slow-Rolling Crisis, Says BlackRock CEO
Larry Fink, the CEO of the top investment management company BlackRock, commented on Wednesday that the recent debacle of the state-chartered commercial bank Silicon Valley Bank (SVB) has posed the...
‘Namaste Web3’ Discusses India’s Potential in Leading Web3 Space
During the second event of Namaste Web3, an awareness program organized by the crypto investment application, CoinDCX, in collaboration with the Indian edition of Forbes magazine, Forbes India, the lawmakers...
Coinbase Embarks on New Venture in Singapore; Partners with StanChart
Coinbase, the American-based publicly traded online cryptocurrency platform, has partnered with the consumer banking corporation Standard Chartered, bestowing its Singapore customers with an opportunity to transfer funds to and from...
Bank Crisis Appears to Have Positive Impact on DEX, CEX Tokens
According to the recent analysis, the financial turmoil that resulted from the debacle of the three commercial banks including the Signature Bank, Silvergate Capital, and the Silicon Valley Bank (SVB)...
Fed’s Timely Intervention Upholds Financial Sector, Says Cramer
Jim Cramer, the host of the American finance television program, Mad Money, commented on the impact of the “fistful” of bank failures on the Federal Reserve, forcing it to finish...
Deaton Prepares to Fight for SEC vs. Ripple Case’s Clarity From Courts
John E Deaton, the defense lawyer, and popular commentator of the ongoing SEC-Ripple lawsuit, tweeted today morning, reiterating what he has been affirming for the previous 2 years that “clarity...
Three Major Crypto Firms are Victims of Signature Bank Debacle
According to the recent revelations, the leading crypto exchanges Coinbase, Paxos Trust Company, and Celsius Network have been affected by the Federal Deposit Insurance Corporation’s (FDIC) shut down of Signature...
Former Congressman Barney Frank Comments on Failure of Banking Giants
The American politician and former United States Representative Barney Frank commented on Sunday, during an interview, that cryptocurrency is an entity that the regulators and the authorities failed to reckon...
Circle CEO Assures 100% Safety of USDC Reserves, Transfer Resumes
Computer entrepreneur and CEO of the digital currency company Circle Jeremy Allaire shared a Twitter thread in the early hours of March 13 updating the current status of the company’s...
Morgan Creek Capital Pleads Government to Bail SVB; Says Analyst
A crypto analytical platform Mr. Whale tweeted on March 12, 2023, that the capital market company, Morgan Creek Capital, is found to be a large depositor at the commercial banking...
TRON Founder Asserts the Need for a Robust Banking Infrastructure
H.E Justin Sun, the founder of the blockchain DAI ecosystem TRON and the Global Advisor to the international crypto exchange Huobi, shared a Twitter thread on March 12 highlighting the...
Banks are at Risk, with Contracting Margins; Analyst Releases List
The recent research findings disclosed that almost 10 banks including Customers Bancorp Inc., and Sandy Spring Bancorp Inc., are at risk, “showing contracting margins”, after the debacle of the commercial...
MakerDAO’s Total Collateralization Stands at 15.4%; Report Says
MakerDAO, the open-source global financial system, updated its official Twitter account with the up-to-date details of the system claiming that its total collateralization is at 15.4% with $8.6 billion worth...
Zodia Custody Registers as VASP in Luxembourg with CSSF
Zodia Custody, a crypto asset custodian under the British multinational Bank Standard Chartered, has been successfully registered as a virtual asset service provider (VASP) in Luxembourg with the help of...
Banks Stand as a Hindrance to DeFi; Comments Coinbase CEO
Charles Hoskinson, the co-founder of the blockchain companies Input Output Global (IOG) and Coinbase tweeted today morning clarifying Coinbase’s announcement on the temporary halt of USDC: USD conversion during the...
Litecoin Overpowers Dogecoin in Transaction Count; Report Says
Considering the latest reports, Litecoin, the peer-to-peer decentralized currency, has outdone the top cryptocurrencies including Dogecoin (DOGE), in terms of the transaction count on the network over the past six...
Gaming Dapps are Less Active in February; Research Reports
DappRadar, the universal app store for decentralized applications, crypto tokens, and NFTs, posited that February tends to be a slow month for the blockchain gaming industry. The platform claimed that...
Forkast 500 NFT Index: Ethereum and Solana Descend in NFT Sale
In accordance with the latest Forkast NFT reports, the leading NFT blockchain platforms including Ethereum and Solana have been exhibiting a negative trend in their NFT sales, while the third...
Block.one Exits its Silvergate Equity Position; Reports Say
The blockchain software company Block.one, also known as B1, announced on Wednesday that the company has withdrawn its equity position with the descending crypto and fintech financial institution, Silvergate Bank....
US Shall Embrace New Crypto Regulations; Testifies Coinbase Lawyer
Paul Grewal, the Chief Legal Officer of the leading crypto exchange Coinbase, addressed the crypto community with the testimony, underscoring the “critical need for new rules for crypto.” Grewal advocated...
