News
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Flagstar Acquires Some Of Signature Bank’s Assets, Leaves Out All Crypto Assets
Flagstar Bank, a subsidiary of NYCB, Inc, has agreed to acquire most of Signature Bank’s business operations and assets, excluding those about cryptocurrency. The US FDIC had placed Signature Bank […]
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US Federal Reserve Shift Focus To Cross-Border Swap Lines To Enhance USD Liquidity
The US Federal Reserve wants to collaborate with other central banks to enhance dollar liquidity. Accordingly, the partnership will use the USD liquidity swap line model by changing the weekly […]
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Binance Pledges SEC Cooperation, Opts To Withhold Financial Data In Response To US Senators
Binance, the world’s leading cryptocurrency exchange, has responded to a letter from US Senators about its operations. The letter, sent to Binance CEO Changpeng Zhao and other executives, asked for […]
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Signum Digital Gets Approval From Hong Kong’s SFC To Offer Security Tokens
Signum Digital, a joint venture between Somerley and Coinstreet, announced that it had secured an approval-in-principle from Hong Kong’s Securities and Futures Commission (SFC) to launch its subscription platform and […]
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El Salvador Introduces Bitcoin And Lightning Network Development Courses For University Students
The government’s Bitcoin Office disclosed the action plan’s details on Twitter. The new courses, named “CUBO+,” will consist of an “advanced BTC engineering program” spanning several months. Through the courses, […]
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Microsoft Edge Is Currently Working On The Development Of An Ethereum Wallet
Users would be able to accept and send crypto and NFTs using this functionality without requiring additional extensions. The wallet, presently in a restricted testing phase, is designed as a […]
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Bank Crash Triggers Crypto Frenzy With Investors Accumulating BTC And ETH
The recent banking contagion resulting from the collapse of Silicon Valley Bank (SVB) and two other banks has seen investors rushing to acquire crypto assets, especially Bitcoin and Ethereum. Investors […]
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Cryptocurrency Needs Improvement Before Attracting The Unbanked – Industry Executives
The decline of Silvergate, Silicon Valley Bank (SVB), and Signature has impacted digital assets negatively. However, Alex Liu—CEO of Maicon, and William Quigley — CEO of WAX, proposed that if […]
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Positive U.S. Inflation Figures Drive Asian Stock Market Gains
The markets in Asia have been on the rise recently amidst a relief rally on Wall Street and a stable outlook on U.S. inflation data. Investors had feared that the […]
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US Economic Outlook Looks Grim Amid Silvergate Bank And Silicon Valley Bank Crisis – Report
Economic analysts warned that an impending disaster awaits the American banking sector after two banks collapsed in the same week. This comes after Silvergate Bank, the crypto-friendly bank, announced that […]