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Crypto Payment Platform Shuts Down Due to Issues In Banking System
The crypto space has seen several shocking incidents recently. There have been enforcement actions, crypto hacks, and the sudden closure of 3 crypto-friendly banks; Silvergate, Silicon Valley, and Signature. дальше »
2023-3-22 23:00 | |
Before We Fix Crypto, We Need to Fix the Banks
This article delves into the challenges of the traditional banking system and the importance of addressing its flaws before fully embracing the potential of cryptocurrencies, paving the way for a more transparent and inclusive financial landscape. дальше »
2023-3-22 20:57 | |
Here’s What John Lennon’s Son Thinks About Bitcoin
Many people now see crypto, especially bitcoin, as an option to protect investors’ money during times of uncertainties in the traditional banking system. The recent banking crisis in the United States has made investors aware of the flaws in the current banking system. дальше »
2023-3-22 18:00 | |
Can Bitcoin (BTC) Price Really Reach $1M in the Next 90 Days?
Assessing the likelihood of Bitcoin reaching a $1 million valuation within 90 days, while evaluating market factors, risks, and the impact on the broader financial system. The post Can Bitcoin (BTC) Price Really Reach $1M in the Next 90 Days? appeared first on BeInCrypto. дальше »
2023-3-21 21:00 | |
Crypto Market Witnesses Odd Relationship Between Bitcoin, Ether Volatility Metrics
Bitcoin is in the spotlight as cracks emerge in the traditional banking system, one observer said, explaining the negative spread between ether and bitcoin implied volatility metrics. дальше »
2023-3-20 13:12 | |
As the Global Financial System Teeters, Has Bitcoin Been the Answer All Along?
Discover how Bitcoin's decentralized and deflationary nature makes it a potential solution to traditional currencies' challenges. The post As the Global Financial System Teeters, Has Bitcoin Been the Answer All Along? appeared first on BeInCrypto. дальше »
2023-3-20 06:16 | |
Crypto Market Forecast: Week of March 20th 2023
A curated weekly summary of forward-focused crypto news that matters. This week, bitcoin rallies as doubt in the traditional financial system falters, a Federal judge challenges the SEC on unclear crypto communication, and the stablecoin ecosystem has another bout of shakiness. дальше »
2023-3-20 14:01 | |
Russian lawmakers approve first reading of draft laws establishing CBDC regulation, issuance
According to local media reports, the Russian State Duma approved draft laws establishing a system to issue and regulate central bank digital currencies (CBDC) in a first reading on March 16. The post Russian lawmakers approve first reading of draft laws establishing CBDC regulation, issuance appeared first on CryptoSlate. дальше »
2023-3-20 20:00 | |
Grayscale Postpones Date For ETHPoW Review And Sales Decision
Following the upgrade, Grayscale, the world’s largest digital asset manager, planned to review and decide whether to sell the former PoW system tokens. But in a recent report, the company noted that it is extending its review. дальше »
2023-3-20 17:10 | |
Fed Swells Its Balance Sheet by $300 Billion in Wake of Crisis, All Monetary Tightening Efforts in Vain?
Coinspeaker Fed Swells Its Balance Sheet by $300 Billion in Wake of Crisis, All Monetary Tightening Efforts in Vain? As the Fed intervenes in order to prevent a crisis in the US banking system, analysts answer whether the Fed has chosen to pivot from its quantitative tightening measures. дальше »
2023-3-20 14:37 | |
SVB collapse soars crypto apps downloads
Reports indicate that the number of people downloading crypto applications has increased massively following the dawn of problems in the US banking system. Based on recent reports, the number of downloads for crypto apps has been surging over the past… дальше »
2023-3-17 10:14 | |
U.S. Federal Reserve’s Real-Time Payments System Coming In July
The U.S. Federal Reserve is activating its long-awaited real-time payments system in July, the central bank said in a Wednesday statement, marking a transition that some have seen as a government challenge of the crypto sector’s instant-transaction advantages. дальше »
2023-3-16 01:54 | |
U.S. Federal Reserve’s Real-Time Payments System Coming in July
The U.S. Federal Reserve is activating its long-awaited real-time payments system in July, the central bank said in a Wednesday statement, marking a transition that some have seen as a government challenge of the crypto sector’s instant-transaction advantages. дальше »
2023-3-17 01:54 | |
El Salvador Launches CUBO+ Educational Program Aimed At Producing Elite Bitcoin And Lightning Developers
Bitcoin Country seeks to generate world-class Bitcoin and Lightning engineers through a new program utilizing the university system. дальше »
2023-3-16 19:24 | |
Bitcoin [BTC] breaks $26k, CPI drops - is the euphoria back
BTC nudged past $26,000 following CPI's data announcement. Maximalists reiterated that the traditional financial system could not stop Bitcoin’s growth. Bitcoin [BTC] continued its unpreceThe post Bitcoin [BTC] breaks $26k, CPI drops - is the euphoria back appeared first on AMBCrypto. дальше »
2023-3-15 13:30 | |
Ripple, Cardano execs double down on their criticism of U.S banking system
Ripple's Brad Garlinghouse recently pointed out United States' broken financial system in light of Silvergate, SVB episodes Cardano's Charles Hoskinson also criticized the government's positionThe post Ripple, Cardano execs double down on their criticism of U.S banking system appeared first on AMBCrypto. дальше »
2023-3-14 15:30 | |
Bitcoin surpasses $24k despite the recent bank collapses
Bitcoin (BTC) surged almost 10% in the recent 24 hours, crossing a critical threshold of $24,000. The move comes as the US president has addressed the bank system’s stability. The latest series of bank collapses in the US has triggered… дальше »
2023-3-14 12:40 | |
DAI was flawed from the beginning says DeFi founder
Andrey Shevchenko — the founder of decentralized finance (DeFi) protocol Zircon Finance — shared his view that MakerDAO's (MKR) so-called "decentralized stablecoin" DAI's (DAI) introduction of USD Coin (USDC) as collateral was an attempt to plug a hole in a flawed system. дальше »
2023-3-14 00:35 | |
Does Silicon Valley Bank’s failure signal the second Great Financial Crisis?
The US financial and banking system was rocked by the largest bank failure since the 2008 Great Financial Crisis which begs the question if we are on the brink of a new crisis. According to Brad McMillan, Chief Investment Officer for Commonwealth Financial Network, the answer is no. дальше »
2023-3-14 20:08 | |
New York banking authorities shut down crypto-friendly Signature Bank
Key takeaways Crypto-friendly bank Signature Bank has been shut down by New York Banking authorities. The Federal Reserve said the decision was made to protect the US economy and strengthen public confidence in the banking system. дальше »
2023-3-13 06:37 | |
Who Failed Silicon Valley Bank Depositors?
Should we point fingers at Silicon Valley Bank, the Federal Reserve, the banking system, crypto or the depositors themselves? дальше »
2023-3-11 02:06 | |
Crypto Wallets Withdraw $902M USDC From Centralized Exchanges in Past 24 Hours Amid SVB, Silvergate Shutdowns
$11.4 billion of USDC reserves are held in the form of cash at Reserve Banks, which include the two members of the Federal Reserve System. дальше »
2023-3-11 22:50 | |
BitMEX co-founder Arthur Hayes suggests new approach to stablecoins
A stablecoin called NakaDollar, which is independent of fiat currencies and the banking system, was presented by the former CEO of BitMEX to address increasing stablecoin concerns. дальше »
2023-3-9 17:29 | |
PassimPay: Extensive overview of the innovative and convenient financial tool
PassimPay is a state-of-the-art payment system that was created and designed with the aim of facilitating cryptocurrency transactions and their store in total security. PassimPay has focused on three main features that are essential when dealing with cryptocurrency transactions, i. дальше »
2023-3-9 14:56 | |
CBDC: Brazil Central Bank Kicks Off Digital Currency Pilot Test
Brazil has started a pilot program for its Central Bank Digital Currency, or CBDC, becoming the latest country to experiment with the digital version of its national currency. The move is part of the country’s efforts to modernize its financial system and reduce the cost and time associated with traditional financial transactions. The duration of […] дальше »
2023-3-8 14:40 | |
Jack Dorsey’s Block seeks feedback on its bitcoin mining kit
Jack Dorsey’s Block is calling on members of the public to give feedback concerning the features they want in its open-source silicon-based bitcoin (BTC) mining hardware system under development. Nearly two years after announcing plans to launch its bitcoin mining… дальше »
2023-3-8 14:29 | |
Mt. Gox Issues March 10 Ultimatum to Creditors
Coinspeaker Mt. Gox Issues March 10 Ultimatum to Creditors Mt. Gox creditors who suffered losses must register their information in an online rehabilitation claim filing system and choose a repayment plan. Mt. Gox Issues March 10 Ultimatum to Creditors дальше »
2023-3-8 13:02 | |
Binance’s PoR system shows over $63B in reserves backing 24 assets
Binance, one of the world’s largest crypto exchanges, updated its proof-of-reserves (PoR) system to include 11 new tokens. The post Binance’s PoR system shows over $63B in reserves backing 24 assets appeared first on CryptoSlate. дальше »
2023-3-8 21:49 | |
Central Bank of Brazil announces experimental CBDC
Reuters said the Brazilian central bank has formally launched its CBDC experiment. The bank has specifically announced the beginning of its digital currency pilot project to imitate the success displayed by the rapid payment system, Pix. According to Fabio Araujo,… дальше »
2023-3-7 13:53 | |
BIS wraps exploration project on retail CBDC payment system
The bank concluded that a “hub-and-spoke” model between CBDC domestic systems could “reduce settlement and counterparty risk” and complete cross-border transactions in seconds. дальше »
2023-3-7 19:30 | |
Ethereum Name Service Price Prediction 2025. Can It Outperform Newcomers Like Avorak?
Ethereum Name Service (ENS) is a decentralized domain name system built on the Ethereum blockchain. It is designed to make it easier for users to store, transfer, and update information related to the domain name. дальше »
2023-3-7 05:30 | |
Indian Crypto Exchange BitBNS Says Law Enforcement Advised Against Making Hack Public
Indian Crypto Exchange BitBNS didn't make a hack worth $7.5 Million on February 1, 2022 public to its users and instead told them it was "system maintenance" because "law enforcement" authorities advised them against it. дальше »
2023-3-2 16:17 | |