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After FTX: Explaining the Difference Between Liquidity and Insolvency
Did FTX fall because of a “liquidity crisis” or a “run on the bank,” or was it insolvency? The language matters, says Frances Coppola. дальше »
2022-12-15 01:01 | |
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Bitcoin Volatility Explodes Around $18K Level, As Fed Reveals 50 Basis Point Rate Increase
Bitcoin price touched a high of nearly $18,400 in anticipation of today’s Federal Reserve meeting, where the US central bank was expected to raise interest rates by 50 basis points. Volatility picked up as the Fed meeting commenced, with Bitcoin suffering a sudden pullback to $17,700. дальше »
2022-12-15 23:55 | |
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Bitcoin Falls as Federal Reserve Slows Rate Hikes but Stays Hawkish
The U.S. central bank raised its benchmark interest rate to a range of 4.25%-4.5% on Wednesday. Officials now expect the current rate-hiking cycle to peak next year at a "terminal rate" above 5%. дальше »
2022-12-15 22:05 | |
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The Central Bank of Brazil is planning to launch a CBDC in this year
Nations around the globe are scrambling to explore how blockchain technology can be employed to help their economies. The growing adoption of cryptocurrencies has prompted several central banks to looThe post The Central Bank of Brazil is planning to launch a CBDC in this year appeared first on AMBCrypto. дальше »
2022-12-15 16:43 | |
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Brazil Central Bank plans to launch CBDC in 2024
Brazil Central Bank is planning to launch a CBDC in 2024. According to the president of the central bank, digital assets could drive participation. Brazil will join the likes of China, the Bahamas, and Nigeria as nations with individual CBDCs. дальше »
2022-12-15 16:04 | |
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CryptoQuant: massive withdrawals has no effect on Binance
CryptoQuant claims that despite the recent decline in Bitcoin reserves, Binance's holdings have grown by 24% since the FTX bank run last month. дальше »
2022-12-14 15:34 | |
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Italy onboards Algorand for bank and insurance guarantees
Blockchain layer-1 platform The Italian banking and insurance industries will adopt an "innovative digital guarantees platform," which will be supported by the public blockchain Algorand. Early 202The post Italy onboards Algorand for bank and insurance guarantees appeared first on AMBCrypto. дальше »
2022-12-14 14:11 | |
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Why Goldman Sachs Expects This Asset Class To Outperform Bitcoin
A research note from Goldman Sachs published on Monday has painted a bull case for gold over the price of bitcoin. The bank’s research note comes at a time when the entirety of the crypto market is facing adversity and the price of bitcoin is down more than 70% from its all-time high price at current levels. дальше »
2022-12-15 02:00 | |
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Why Hong Kong Is Pushing for Its Own Central Bank Digital Currency
As a global financial hub, Hong Kong has a vested interest in shaping the development of CBDCs and especially the systems in which they will transact across borders. But the U.S. should be concerned by its lack of full independence from mainland China. дальше »
2022-12-14 00:47 | |
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Crypto community members discuss bank run on Binance
According to CEO Changpeng Zhao, Binance has seen outflows of an estimated $1.14 billion from the exchange.
дальше »2022-12-14 00:45 | |
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Silvergate stock plummets below the two-year low
Silvergate, a crypto-friendly bank based in San Diego, becomes the latest victim of the crypto downfall. The company released a public statement pleading to have been exposed to the FTX debacle. Silvergate falls victim to FTX collapse Silvergate bank has… дальше »
2022-12-14 00:02 | |
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Binance Sees Largest Bitcoin Withdrawal In Its History, BTC Rally Set To Benefit?
The largest crypto exchange in the world, Binance has experienced the most significant Bitcoin withdrawal in its history, per recent data. The company might face a bank run as crypto investors’ confidence continues to decline following the collapse of trading venue FTX and a U. дальше »
2022-12-14 21:57 | |
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Bitcoin Group set to acquire German’s oldest Bank for over $15M
Crypto holding company Bitcoin Group has moved to buy one of the world’s oldest banks Bankhaus von der Heydt, for roughly $15 million. The post Bitcoin Group set to acquire German’s oldest Bank for over $15M appeared first on CryptoSlate. дальше »
2022-12-13 23:35 | |
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Bermuda-based bank releases USD-pegged stablecoin
Bermuda’s first digital asset bank, Jewel, launched a stablecoin JUSD at the Polygon network. The company will release quarterly reporting on its reserves. On Monday, Jewel announced in a Twitter post that it would release a Polygon-based stablecoin dubbed Jewel… дальше »
2022-12-13 22:18 | |
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Crypto Biz: Is Goldman Sachs the ultimate crypto contrarian?
Is the U.S. investment bank looking to buy up distressed crypto firms amid the bear market?
дальше »2022-12-10 21:30 | |
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DMI finds CBDCs not targeting cross-border payments, huge potential in metaverse
The Digital Money Institute’s third annual payments report looks at central bank digital currencies for the first time, as well as other payment methods, through the lens of cross-border payment utility. дальше »
2022-12-9 00:30 | |
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Japan’s Second-Largest Bank To Use Soulbound Tokens for Identity Verification
The second-largest bank in Japan, Sumitomo Bank, plans to trial soulbound tokens for identity verification. Japan has been making big strides in web3 experimentation and research. The post Japan’s Second-Largest Bank To Use Soulbound Tokens for Identity Verification appeared first on BeInCrypto. дальше »
2022-12-8 11:03 | |
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Assessing the 'why' behind Signature Bank's move to limit cryptocurrency exposure
Signature Bank, a New York-based bank, plans to reduce deposits around cryptocurrencies Due to the ongoing volatility in the cryptocurrency market. Signature Bank's stock plummeted by 50% The post Assessing the 'why' behind Signature Bank's move to limit cryptocurrency exposure appeared first on AMBCrypto. дальше »
2022-12-7 16:30 | |
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Nigeria forces CBDCs by limiting ATM cash withdrawals over $225 a week
To further its "cash-less Nigeria" policy and promote the usage of the eNaira, Nigeria's Central Bank's Digital Currency, the country has dramatically curtailed the amount of cash that people and busiThe post Nigeria forces CBDCs by limiting ATM cash withdrawals over $225 a week appeared first on AMBCrypto. дальше »
2022-12-7 13:53 | |
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Silvergate Debunks Rumours Of A Liquidity Crisis Despite BlockFi, FTX Exposure
Silvergate bank has defended itself against allegations that it could be facing a liquidity crunch due to its close relationship with cash-beleaguered crypto exchange FTX and lending firm BlockFi. дальше »
2022-12-7 00:32 | |
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Sen. Warren goes after Silvergate’s relationship with FTX
Elizabeth Warren and two other Republicans questioned Silvergate regarding the crypto bank’s involvement with FTX and the Bankman-Fried businesses. As NBC News wrote, Elizabeth Warren, a Massachusetts Democrat and member of the Senate Banking Committee, wants to understand the nature… дальше »
2022-12-7 23:26 | |
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Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren
Senator Elizabeth Warren (D-Mass) and two GOP senators have asked crypto-friendly bank Silvergate (SI) for answers over its supposed role in facilitating transfers between bankrupt exchange FTX and its sister firm Alameda Research, NBC reported Tuesday. дальше »
2022-12-7 18:30 | |
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