Recent bank failures and the fear of runs at others, including First Republic Bank, have led some to believe that the US government wants to
Author: Lena Castillo
Briefly Tuesday, Coinbase & Tesla Shareholders Were Feeling Positive
Tesla and Coinbase Just Gave Shareholders Something to Smile About Tuesday, the markets saw an overall increase in value, and shareholders of Tesla and Coinbase
Reports Show Impending Web3 Wallet; Microsoft Edge Testing Built-In Ethereum Crypto Wallet
According to software documenter Albacore, Microsoft is possibly testing a Web3 wallet on its Edge web browser, which would support cryptocurrencies and non-fungible tokens (NFTs).
U.S. Federal Reserve To Enhance Joint Central Bank Provision of Liquidity
On March 19, the U.S. Federal Reserve announced that it has teamed up with the Bank of Canada, Bank of England, Bank of Japan, European
Arbitrum Launches Self-Executing DAO Governance Model and ARB Token for Increased Decentralization
On March 16, 2023, the Ethereum layer two (L2) scaling solution Arbitrum launched a self-executing decentralized autonomous organization (DAO) governance model and a native governance
First Republic Drops 60%, Bank Considers Strategic Options
Trading of First Republic Bank stock was halted due to extreme volatility as the San Francisco-based bank considers strategic options, including a potential sale. The
The FedNow Instant Payment Service is Set For July 2023 Debut
The United States Federal Reserve has confirmed that it will launch its instant payment system, FedNow, in July. This move is a significant step for
Anchorage Digital Asset Bank Announces 20 % Reduction In Force
Anchorage Digital, a federally chartered digital asset bank, announced on March 14 that it will be reducing its headcount by approximately 20%, or 75 employees,
According To Juniper Research: CBDC Transactions to Exceed $213 Billion by 2030 Globally
According to a new report by Juniper Research, payments made through central bank digital currencies (CBDCs) are expected to reach $213 billion per year by
Silicon Valley Bank Facing Multiple Investigations By SEC & DOJ
The United States Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) are reportedly investigating Silicon Valley Bank (SVB), which was taken over