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Sources have reported that Sergio Ermotti has been brought back as the CEO of UBS Group AG (UBSG.S) to lead its significant acquisition of Credit Suisse (CSGN.S). This unexpected decision...
According to the latest data, it appears that the blockchain platform SafeMoon’s exploitation was facilitated by the platform’s recent upgrade that introduced a “public burn bug.” On March 29, the...
In a new 2023 budget plan, the Canadian government said that federally regulated pension funds in the country would have to tell the Office of the Superintendent of Financial Institutions...
Alibaba Cloud, the intelligence and digital technology subsidiary of Chinese conglomerate Alibaba group, is set to launch a blockchain lab in the Japanese city of Shibuya next month. The lab...
Meb Faber, the podcaster and founder of the investment firm, Cambria Investment Management acknowledged the significance of “yield and capital appreciation” as a strategy for cash management, especially during financial...
On Sunday evening, five central banks in the United States and Europe undertook a coordinated effort to alleviate pressure on the global funding market and to enhance US dollar liquidity....
Wallet provider MyAlgo had recently addressed the ongoing efforts that have been taken by the team regarding the recent hack. In one of their latest tweets, the team released a...
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...
Ryan Selkis, the founder of crypto data aggregator site Messari, recently took to Twitter to comment on the current environment in the crypto industry. Selkis highlighted the intensified crackdown by...
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...
According to a report on Bloomberg, US authorities in charge of the emergency split of Silicon Valley Bank (SVB) Financial Group are working around the clock to liquidate assets and...
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...
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...
European hedge fund Brevan Howard Asset Management is pushing further into the digital asset space with its takeover of the Liquid Opportunities fund. Liquid Opportunities is a crypto and digital...
Despite a slight uptick in jobless claims to 211,000 in February, Wall Street is optimistic about the labour market’s overall trajectory for the month. According to reports, analysts expect slower...
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....
Cathie Wood, founder, CEO, and CIO at ARK Invest, is skeptical about the survival of the Silicon Valley Bank, SIVB, after its stocks fell by nearly 60%. The falling stock’s...
CryptoQuant, the on-chain data analytics platform, shared an insight into the crypto miners’ selling behavior, a blog written by the crypto trader Shayan, also known as Greatest Trader. In the...
“Protect Users. Build and build. FUD is temporary,” claims Binance’s Changpeng Zhao in his latest Tweet. Also tagged in this post are screenshots of clips from a Reuter’s article on...
According to a recent news report from Yonhap, the Korean Customs Service seized over 5.6 trillion won worth of cryptocurrencies last year linked with illegal foreign exchange transactions involving virtual...
Circle, the USDC stablecoin issuer regulated in the United States, has moved a small percentage of its USDC reserve deposits held at the troubled Silvergate Bank to its other banking...
Silvergate Capital Corporation (SI), a dominant crypto lender has announced its “risk-based decision” to cut ties with the Silvergate Exchange Network, the internal Silvergate Bank network that allows transfers between...
With the collapse of a crucial payments network run by troubled US lender Silvergate Capital Corp., Digital Asset Capital Management (DACM), a crypto fund manager overseeing a $400 million crypto...
The ReHold team has announced its successful private launch in Q1 of 2023. ReHold’s private launch benefitted hundreds of users, increased trading volume and userbase, added new tokens, and gave...
Blockchain and AI have played a significant role in the world’s development. In fact, organizations started to incorporate both of these cutting-edge techs into their operations to enhance their efficiency....