Bank of America shut down his branch just hours after he made a huge deposit. A California man deposits $33K check in BofA account, never
Category: News
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
Vietnamese Investors Are Increasingly Turning to AI-linked Cryptocurrencies
As the popularity of artificial intelligence (AI) applications continues to grow, Vietnamese investors are increasingly turning to AI-linked cryptocurrencies. Tokens that power AI blockchain platforms
Saving The United States From Another Banking Crisis
It appeared to be a straightforward inquiry: Was the treasury secretary apprehensive about the economic dangers presented by Silicon Valley Bank? The Friday morning in
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
The IMF Release Report On Central Bank Transparency Code Findings
The Executive Board of the International Monetary Fund (IMF) recently discussed a policy paper titled “The Central Bank Transparency Code- Findings of the Pilot Reviews.”
Swiss Banking Giant Credit Suisse Struggling To Survive
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
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