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Category: News

Swiss Banking Giant Credit Suisse Struggling To Survive
Featured News

Swiss Banking Giant Credit Suisse Struggling To Survive

March 15, 2023March 15, 2023

Credit Suisse, a 166-year-old institution that was once a symbol of Swiss pride, is struggling to survive as investors, fearing that the bank could run

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Anchorage Digital Asset Bank Announces 20 % Reduction In Force
Featured News

Anchorage Digital Asset Bank Announces 20 % Reduction In Force

March 14, 2023March 14, 2023

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,

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According To Juniper Research: CBDC Transactions to Exceed $213 Billion by 2030 Globally
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According To Juniper Research: CBDC Transactions to Exceed $213 Billion by 2030 Globally

March 14, 2023March 14, 2023

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

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Silicon Valley Bank Facing Multiple Investigations By SEC & DOJ
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Silicon Valley Bank Facing Multiple Investigations By SEC & DOJ

March 14, 2023March 14, 2023

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

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An Amicus Brief Has Been Filed By Coinbase in Insider Trading Case
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An Amicus Brief Has Been Filed By Coinbase in Insider Trading Case

March 13, 2023March 13, 2023

Coinbase, the popular digital currency exchange, has stated that it is interested in listing securities if given the appropriate guidance and rules from the Securities

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HSBC Rescues The British Arm of Silicon Valley Bank
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HSBC Rescues The British Arm of Silicon Valley Bank

March 13, 2023March 13, 2023

In a dramatic turn of events, HSBC has come to the rescue of the British arm of Silicon Valley Bank (SVB), which had been struggling

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The Crypto Banking Trifecta: Silvergate, Signature, and Silicon Valley Bank Debacle
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The Crypto Banking Trifecta: Silvergate, Signature, and Silicon Valley Bank Debacle

March 13, 2023March 13, 2023

The Crypto Banking Trifecta: Silvergate, Signature, and Silicon Valley Bank, experienced a major failure last weekend, sending shockwaves throughout the stablecoin market. These three banks

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The Value of US Banks’ Bonds Drops, Resulting in Unrealized Losses of $620 Billion
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The Value of US Banks’ Bonds Drops, Resulting in Unrealized Losses of $620 Billion

March 12, 2023March 12, 2023

Silicon Valley Bank (SVB) was hit by a decline in the value of its bonds, which were purchased during boom times when the company had

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Another Digital Asset Issuer Registered by Bank of Russia
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Another Digital Asset Issuer Registered by Bank of Russia

March 12, 2023March 12, 2023

The Central Bank of Russia has added a new entity to its register of approved issuers of digital financial assets. The platform, known as ‘Masterchain,’

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Your Crypto Transactions Are Seen Says The Australian Tax Authority (ATO)
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Your Crypto Transactions Are Seen Says The Australian Tax Authority (ATO)

March 12, 2023March 12, 2023

The growing popularity of cryptocurrencies has increased their use for transactions and investments, which has caught the attention of tax authorities. The Australian Tax Authority

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