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Crypto Crashes and Climate Chaos: FDIC Highlights Key Banking Risks in 2023


The U.S. Federal Deposit Insurance Corporation (FDIC) flagged escalating risks from cryptocurrencies in its annual review of risks facing the banking industry. FDIC: Cryptos and Climate Top Risk List for Banks in 2023 Cryptocurrencies present “novel and complex risks” that are difficult...

Blockchain Australia CEO highlights repercussions to Government actions


LUNA tanked 99.7% in 2022. The entire crypto ecosystem crashed in a couple of days. The result was that users either ended up losing their money or had to incur heavy losses. This triggered regulators across the globe to start drafting stricter laws for crypto ventures. This has been taken with...

Filecoin’s Q3 2023: Highlights and projections


Eight years ago, Protocol Labs released their cryptocurrency Filecoin on 15th July. It bears the ⨎ symbol and has recently garnered the attention of traders and investors. While many cryptocurrencies faced a dip in 2021 and 2022 due to the Covid-19 pandemic, recession, and low GDP rate, Filecoin...

BlackRock CEO Larry Fink Highlights Rising Crypto Demand from Gold Investors


BlackRock CEO Larry Fink has expressed optimism about the rising demand for cryptocurrencies among gold investors.  In an interview with CNBC following the release of BlackRock's second-quarter earnings report, Fink stated that "more and more" gold investors have been inquiring about the role...

Former SEC Chairman Highlights Conditions for Bitcoin ETF Approval


Former Securities and Exchange Commission (SEC) chairman Jay Clayton has said that a spot Bitcoin (BTC) exchange-traded fund (ETF) is likely to get approved if it can be shown that the Bitcoin spot market offers the same “efficacy” as the futures market. “If they’re [applicants] right—that...

Balaji Srinivasan Highlights De-Dollarization Past of Biden’s Top Economist


Former Chief Tech Officer at Coinbase, Balaji Srinivasan, took to Twitter to remind his followers about Jared Bernstein’s earlier stance on de-dollarization. The angel investor sees logic in views that the new White House top economist has now abandoned, on the U.S. dollar’s status as a global...

10 Highlights From Classic Mega Man’s Newly Released Design Doc


At the recent Summer Game Fest Capcom announced the launch of Capcom Town, its new…website…online community…thing? That will act as a hub of sorts for, er, Capcom stuff of some sort. (Capcom just turned 40, so maybe it’s a midlife crisis sort of thing.)Read more

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