Fed Chair Powell Says US Government Is on ‘Unsustainable’ Fiscal Path


Federal Reserve Chairman Jerome Powell says in the long run, the U.S. federal government is on an unsustainable fiscal path due to its ballooning debt growing faster than the economy. Moreover, the Fed chair cautioned that there will be some banks that have to be closed or merged out of existence....

Reunit Wallet Launches Reward Program: Trade To Earn


PRESS RELEASE. Reunit Wallet, an omnichain wallet built on technology developed by LayerZero & Stargate Finance, is launching a volume-based reward program. In an effort to stimulate trading activity on its integrated platform and attract new users, Reunit Wallet is implementing a reward system...

China Never Completely Banned Crypto


Despite government crackdowns and widespread reports that crypto is outlawed in China, crypto trade is still very much alive. How is that possible?

Treasury Secretary Janet Yellen Warns of Crypto Risks


U.S. Treasury Secretary Janet Yellen is set to tell Congress that the crypto industry poses several potential hazards to the financial system, including the dangers of stablecoins, runs on crypto platforms and volatile prices, according to a brief portion of her testimony posted Monday

Grayscale CEO Demands Public Options Market For Bitcoin Spot ETFs


Grayscale CEO Michael Sonnhenshein is calling for approval of public options on Bitcoin spot ETFs after his company’s Bitcoin fund successfully converted into one last month. “It’s never been more important for the crypto and ETF communities alike to advocate for the development of a robust listed...

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