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Report: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding
13.4.2022
Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) in 2008, reports show in late 2019 and 2020, the U.S. Federal Reserve participated in providing trillions of dollars in secret repo loans to megabanks. At the end of March, investigative journalists, Pam and Russ...
Web3 Security Firm Certik Raises $88 Million in Series B3 Financing Round Led by Tiger Global and Others
8.4.2022
Certik, a Web3 and blockchain auditing and security firm, has raised $88 million in its recent B3 funding round. The round, which was led by Tiger Global and included Goldman Sachs as an investor in the firm, gives the company a valuation of $2 billion. This doubles the valuation that Certik...
Positive News for Two Biggest Cryptos: Hope Sparked for Spot BTC ETFs; Goldman Sachs' ETH-Based Options Contracts
7.4.2022
There's some positive news for the two biggest cryptoassets in the world. The approval of a new bitcoin (BTC) futures-backed exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC) has again sparked hope that a spot-based bitcoin ETF could come next. Meanwhile, investment...
Goldman Sachs Features Cryptocurrencies, Metaverse, Digitalization on Its Homepage
25.3.2022
Global investment bank Goldman Sachs has changed its homepage to feature cryptocurrency, the metaverse, and digitalization. “From cryptocurrencies to the metaverse, explore the megatrends that are reshaping economies,” Goldman Sachs’ landing page now says. Goldman Sachs’...
Crypto rallies to $2T market cap as institutions signal readiness to enter
24.3.2022
Goldman Sachs revamped its website’s homepage to reflect newfound bullishness toward crypto and blockchain technology
Goldman Sachs Executes Bank’s First OTC Crypto Transaction Trading a Bitcoin Non-Deliverable Option
21.3.2022
On Monday, the multinational investment bank and financial services company Goldman Sachs disclosed it has conducted an over-the-counter (OTC) crypto transaction with the digital currency firm Galaxy Digital. Following the OTC settlement, the head of digital assets for Goldman Sachs’ Asia...
Goldman Sachs Executed Cash-Settled Bitcoin Options Trade - Reports
21.3.2022
Investment banking giant Goldman Sachs is “close to announcing” that it is the first major bank in the US to trade an over-the-counter (OTC) crypto transaction, per multiple reports.
The bank traded a non-deliverable bitcoin (BTC) option – a derivative tied to the BTC price that pays out...
Goldman Sachs completes first OTC crypto options trade with Galaxy
21.3.2022
Galaxy Digital previously facilitated the launch of Goldman Sachs’ Bitcoin futures trading product for CME Group in June 2021
Goldman Sachs Conducts First Over-the-Counter Crypto Trade With Galaxy
21.3.2022
Michael Novogratz's Galaxy says it's building on the relationship with Goldman as more Wall Street clients seek to push into cryptocurrency trading
Elon Musk Won't Sell Bitcoin, Ethereum, Dogecoins as Inflation Soars and Recession Risk Grows
14.3.2022
Tesla and SpaceX founder Elon Musk has reiterated his commitment to holding his stack of bitcoin (BTC), ethereum (ETH), and dogecoin (DOGE) when preaching to his more than 77m Twitter followers about ways to hedge against inflation....
Read More: Elon Musk Won't Sell Bitcoin, Ethereum, Dogecoins...
US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in Russia
13.3.2022
Global investment banks Goldman Sachs and JPMorgan Chase are winding down business in the Russian Federation. The move comes as western sanctions against Moscow over its decision to launch a military invasion of Ukraine continue to expand, supported by leading financial institutions. Goldman Sachs...
Crypto Biz: Goldman Sachs tip-toes into ETH, Mar. 4-10
12.3.2022
The megabank is offering investors access to Galaxy Digital's ETH fund, while a16z just splurged $70 million on an Ether staking protocol
Goldman Sachs Leaves Russia, Reportedly Set to Increase Crypto Focus
10.3.2022
Investment banking giant Goldman Sachs is reportedly stepping up its work on crypto by exploring whether it should offer over-the-counter (OTC) crypto options. The news came as the firm said it is leaving Russia, becoming the first major Wall Street bank to do so after the war in Ukraine...
ETH Rises with Broader Market as Ethereum Fees Hit a 7-Month Low
9.3.2022
Ethereum (ETH)'s price went up today along with most other cryptoassets after what has been a month of sluggish performance against bitcoin (BTC), and a prolonged period of falling interest in decentralized finance (DeFi) and non-fungible tokens (NFTs).
As of Wednesday at 12:55 UTC, ETH traded...
Goldman Sachs Offers ETH Funds to Clients via Galaxy Digital
9.3.2022
Clients at Goldman Sachs (GS) are keen on the spot exposure to the Ethereum funds and are offered a space in the ETH Fund of Galaxy Digital. The strategy brought about by the GS had become apparent on Tuesday when the Securities and Exchange Commission filed a new case and listed GS as...
Goldman Sachs is hooking up clients with Galaxy Digital’s ETH fund
9.3.2022
Goldman and Galaxy Digital are partnering up again to help the former’s clients gain more access to the crypto industry that the latter offers in spades
Goldman Sachs’ Blankfein Asks Why Crypto Isn’t Having a Moment Despite Inflating US Dollar, Freeze Orders
9.3.2022
A Goldman Sachs senior chairman has asked why crypto is not having a moment despite “the inflating U.S. dollar” and governments demonstrating that they can and will freeze accounts under certain circumstances. “Not seeing it in the price, so far,” he said. Goldman...
Goldman Sachs Offering ETH Fund to Clients Through Galaxy Digital
8.3.2022
The bank is introducing crypto-curious clients to Galaxy’s Institutional Ethereum Fund, according to SEC documents
Cambridge Centre for Alternative Finance Launches Digital Assets Research Project With 16 Banks
2.3.2022
On Tuesday, Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School announced a new research initiative focused on the “growing digital asset ecosystem.” According to CCAF, the newly launched collaborative effort involves 16 financial institutions such...
US Inflation Could Be Worse Than Expected, Goldman Sachs Says — Atlanta Fed President Favors 25 BPS Rate Hike
1.3.2022
While the conflict in Ukraine is a hot topic, fears of rising inflation continue to haunt Americans residing in the country, as economists and analysts note U.S. inflation will likely remain high. Inflation is likely going to be worse than initially feared this year, Goldman Sachs explained in...