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Central Banks — A Bad Influence on Decentralized Finance

24.4.2020
Central banks vs. decentralized finance: Which could possibly win this battle for dominance in the market?

Crypto Banks Answer the Call Amid Coronavirus-Fueled Economic Decline

24.4.2020
Despite the economic chaos worldwide, some crypto banks are going strong: “We currently have the largest holding of crypto than we’ve ever had and are in a strong position to continue innovating”

Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations

24.4.2020
Since the start of the coronavirus outbreak, the U.S. Federal Reserve has created trillions of dollars in order to keep the central bank’s private partners’ liquidity strong during the economic downturn. These moves have caused a number of sound money advocates and economists to explain...

Chinese Blockchain-Based Pilot Platform Completes First Cross Border Trades

22.4.2020
Companies involved in the pilot platform managed to make trades with companies in the US, Mexico, and India

Argentina's Banks Set to Use RSK Blockchain Technology for Tracking Payments

22.4.2020
RSK enters the enterprise blockchain field by collaborating with major Argentinian banks

JPMorgan, Bank of America, Wells Fargo Sued Over Trump’s Paycheck Protection Program

22.4.2020
Class action lawsuits have been filed against JPMorgan Chase, Bank of America, Wells Fargo, and U.S. Bank for their alleged unlawful and fraudulent practices in the Paycheck Protection Program. This program is part of President Trump’s $2.2 trillion stimulus package to help small businesses...

A Major Chinese Bank Unveils the Banking Sector’s First Blockchain White Paper

21.4.2020
The Industrial and Commercial Bank of China is the world’s largest lender by assets, and they’ve just released a crypto white paper

Banks Could Intercept Your COVID-19 Stimulus Checks — Enter Crypto

21.4.2020
In response to the COVID-19 pandemic, the traditional banking system shows its vulnerability, which could not happen with crypto

Argentina’s Central Bank Trials Blockchain for New Interbank Settlement Layer

21.4.2020
The trial for a faster, more transparent clearing system involves some of the country's largest banks

Americans Purchase $1,200 Worth of Bitcoin, While 7 Banks Fumble With Stimulus Payments

20.4.2020
For years now, bitcoiners and cryptocurrency proponents have said the antiquated banking system will not continue to survive for very long and the financial system is showing massive cracks these days. The recent stimulus check fiasco is a prime example of the issue, as customers from PNC, JPMorgan...

What It Means to Be an Investor Amid the Global Pandemic

20.4.2020
In times of crisis, such as the COVID-19 pandemic, digital options could win over traditional investments — but you need to be patient

America’s Banks Can Simply Bail Themselves Out – Thanks to the Fed’s $27 Trillion Blackrock Deal

20.4.2020
Mainstream media has been awfully quiet about all the fraud and manipulation stemming from the global bureaucracies’ newly enacted covid-19 reaction policies. In the U.S. amid all the commotion and fear, the Federal Reserve granted special powers to the giant private equity firm Blackrock....

Russians Withdrew a Year’s Worth of Cash in a Month Over Coronavirus Fears

20.4.2020
Russians have been withdrawing vast amounts of cash after President Putin announces new coronavirus measures

Largest US Banks Expect Billions in Loan Losses, Profits Plunge

19.4.2020
Several of the largest U.S. banks have set aside billions of dollars in reserves as they expect massive losses from loan defaults, sending their profits nosediving. Wells Fargo’s first-quarter earnings fell a whopping 90% while JPMorgan Chase’s profit dropped 70%. Bank of America...