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New York Community Bancorp Counters Moody’s Junk Status, Asserts Strong Deposits
8.2.2024
Just one week following a dramatic plunge in New York Community Bancorp’s shares, which tumbled 40% in a single day at January’s close, Moody’s Investors Service downgraded the bank’s credit rating to junk status. The bank’s troubles have ignited concerns over a potential...
Scaramucci Urges Crypto Community to Support Biden Over Trump at Digital Assets Event: Report
7.2.2024
Former White House Director of Communications Anthony Scarmucci urged the crypto community to support current President Joe Biden over Republican frontrunner Donald J. Trump during a February 1 appearance at a Duke University digital assets event. Scaramucci Warns Trump is Bad for Crypto According...
Aave Stablecoin GHO Hits $1 Peg After Six Months – Here’s More
7.2.2024
Aave’s GHO stablecoin has hit the $1 mark after trading below the peg for over six months since its launch in July 2023. The asset’s price hit $1 on Feb 6 following efforts from the wider community, which included integrations with the Aave decentralized finance (DeFi) lending protocol....
Solana Mobile’s ‘Chapter 2’ Crypto Phone Surpasses 60,000 Preorders
6.2.2024
The crypto community has shown remarkable support for Solana Mobile’s upcoming “Chapter 2” smartphone, amassing over 60,000 preorders after its announcement, as the company gears up for a launch in 2025. Solana Mobile’s ‘Chapter 2’ Phone Hits 60K Preorders Ahead...
Binance Discloses Token Listing Adjustments, Offers $5 Million Whistleblower Reward
6.2.2024
Binance has made changes to its token listing methods after some community members alleged malpractice on the part of employees involved in the process. Binance co-founder Yi He wrote on X (formerly Twitter) commenting on the latest community reaction, noting that internal mechanisms will...
BitMEX Co-Founder Arthur Hayes Sees Bitcoin Price Hit $1 Million on Bank Bailouts
6.2.2024
BitMEX co-founder and former CEO Arthur Hayes earlier posted on X a scenario where he sees Bitcoin price touching $1 million. Hayes tweeted that Federal Reserve Chairman Jerome Powell is saying US banks are strong to very strong, but NYCB (New York Community Bancorp) says otherwise. Who is right...
Is Script Network (SCPT) a Good Investment this week?
5.2.2024
  Crypto investors are constantly on the lookout for promising opportunities that offer a unique blend of innovation, utility, and growth potential. Script Network ($SCPT) has emerged as a noteworthy player, captivating the interest of the crypto community with its distinctive features. With...
AltLayer’s Executive Quells Community Backlash Over $100 Million Airdrop Distribution
5.2.2024
AltLayer’s Head of Growth has described events leading up to gains by a few non-fungible token (NFT) holders as a coincidence. Additionally, Dorothy called for more community support in the future. In a reaction to widespread criticism of handling a recent airdrop, the executive took to X (formerly...
Jupiter Price Keeps Falling After JUP Airdrop as New Cloud Mining Protocol Receives $10 Million
5.2.2024
In a move fuelling drama in the crypto community, the freshly released JUP airdrop is troubling investors amid lackluster price performance. Read on to find out whether Jupiter’s price will keep falling. Indeed, this recent price action comes after the timely JUP airdrop, which, with the...
ETHDenver Returns to Bridge the Gap Between Innovation and User-Centricity for Web3
5.2.2024
ETHDenver will drive discussions to set new standards for UX developments to onboard the next million users to web3 February 1, 2024, Denver, CO – ETHDenver, the world’s largest annual Web3 Community Innovation Festival returns for its 7th year from 29 February to 3 March 2024 at the National...
DogWifHat Price Prediction as Woolly Hat Appears on Charging Bull in Wall Street – $1 WIF Incoming?
3.2.2024
DogWifHat Price Prediction DogWifHat‘s recent performance has been a talking point among crypto enthusiasts as the coin soared nearly 15% to $0.261996, boosting its market cap to $261.7 million and ranking it #173 in market valuation. The substantial trading volume of $73.4 million indicates...
Racing into the Future with Icon.X World Token Launch
2.2.2024
Icon.X World finds itself at the edge of an exciting transformation, eagerly anticipating the launch of its utility token, ICNX. Beyond the introduction of a groundbreaking digital currency, the platform is set to redefine the sim-racing experience, ushering in an era of innovation and robust...
German DZ Bank Plans to Roll Out Bitcoin Trading Pilot This Year: Report
2.2.2024
DZ Bank, the second largest bank in Germany, is reportedly planning to begin a retail crypto trading trial this year. Per a Bloomberg report, the Frankfurt-based bank aims to make the service available to its over 700 community banks. “Over the course of the year we will enter the pilot phase...
US Banking Sector Volatility — Distressed Commercial Real Estate Sector Raises Default Concerns
1.2.2024
Following the U.S. central bank’s decision to keep the federal funds rate unchanged, the turbulence in the commercial real estate market has sent shockwaves through the country’s banking sector and internationally as well. On Thursday, New York Community Bancorp witnessed a further...
U.S. Drilling Down on Crypto Miners' Energy Use Draws Ire From Community
1.2.2024
The Energy Information Administration (EIA) is starting a survey to track the electricity consumption of crypto miners in the U.S
Crypto Bank Savior New York Community Bancorp Sees 40% Drop in Shares
1.2.2024
New York Community Bancorp (NYCB), the savior of failed Signature Bank, has witnessed a sharp decline of 40% in its shares. The bank’s shares took a hit on Wednesdau after the decision to cut dividend to strengthen its capital and the announcement of an unexpected loss, according to a report...
New York Community Bancorp Grapples With 40% Share Drop Following Disappointing Earnings Report
31.1.2024
New York Community Bancorp (NYCB) faced significant challenges on Wednesday, with its shares plummeting by over 40%, prompting a halt in trading. Currently, NYCB shares have experienced a decline of just above 36%, trading at $6.61 per share. Last Year’s Banking Fears Resurface as NYCB Faces...
New York Community Bancorp Shares Tumble After Earnings Miss, 71% Dividend Cut
31.1.2024
The bank took over defunct Signature Bank's non crypto-related deposits last year
Vitalik Buterin on the Challenges Between Crypto and AI, Warns ‘Tread Carefully’
31.1.2024
Ethereum co-founder Vitalik Buterin has discussed the intersections between crypto and artificial intelligence (AI), warning to “tread carefully.” In a blog post published Tuesday, Buterin highlights the main challenges between the two hottest technology trends of the past decade and explains...
Abracadabra Money in Crisis as $6.5 Million Crypto Theft Sends Shockwaves Across DeFi Community
30.1.2024
Source: iStock / Xijian Popular Ethereum-based decentralized finance (DeFi) lending protocol Abracadabra Money fell victim to a platform attack on January 30. Announcing the incident on its official X (formerly Twitter) handle, the DeFi protocol stated that it is aware of an exploit on its platform...