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US Banking Sector Teeters: $517B Unrealized Losses, 63 Troubled Institutions Flagged
4.6.2024
U.S. banks reported an alarming increase in unrealized losses and a growing list of institutions at risk of failure in the first quarter of 2024, according to the latest U.S. Federal Deposit Insurance Corporation (FDIC) data. The FDIC report highlights $517 billion in unrealized losses...
Warren Buffett's Berkshire Hathaway did crash 99% ...against Bitcoin since 2015
4.6.2024
Allocating just 1% of Berkshire Hathaway's portfolio to Bitcoin could have boosted Warren Buffett's profits by over 25%
Deutsche Bank and Bitpanda Collaborate Amid Crypto Banking Challenges
4.6.2024
Deutsche Bank is collaborating with Bitpanda to manage customer fiat deposits and withdrawals for the Austrian crypto broker. This collaboration addresses the challenges crypto platforms have faced in securing banking partners after the 2023 collapse of key crypto-friendly banks. Deutsche Bank will...
US Media Executive Charged in $67 Million Fiat-to-Crypto Money Laundering Scheme
4.6.2024
The U.S. DOJ has charged the CFO of a media company with one count of money laundering and two counts of bank fraud for participating in a scheme that laundered criminal proceeds using cryptocurrency. Authorities allege that Weidong Guan and his accomplices used bank accounts opened with stolen...
Rwanda Develops CBDC to Avoid Falling Behind, Central Bank Deputy Governor Says
4.6.2024
Rwanda is contemplating launching a Central Bank Digital Currency (CBDC) because it does not want to be left behind and to prevent any hindrances to trade between the African country and its major trading partners. According to a deputy governor with the National Bank of Rwanda, the country should...
BIS Plans Instant Cross-Border Payments Using Wholesale CBDC Settlement
4.6.2024
In a move to improve traditional cross-border payments, the Bank for International Settlements (BIS) has announced the launch of Project Rialto. This project aims to enhance instant cross-border payments by integrating a modular foreign exchange (FX) component with settlement in wholesale central...
Bitpanda Drafts Deutsche Bank to Process Fiat Transactions in Germany
4.6.2024
This is Bitpanda's second major partnership in Germany this year after the broker was enlisted by LBBW to offer crypto custody services in the country
Deutsche Bank and BitPanda join forces for real-time crypto payments
4.6.2024
The partnership with Deutsche Bank allows BitPanda to offer real-time inbound and outbound cash payments for German crypto traders using German International Bank Account Numbers (IBAN)
India Repatriates 100 Tonnes of Gold From UK, Aims to Move More
4.6.2024
According to local media reports, the Reserve Bank of India has repatriated 100 tonnes of gold that was held in the vaults of the Bank of England. The operation, carried out in special circumstances due to the quantity of gold moved, may be repeated as India seeks to hold more gold domestically...
Qatar Central Bank launches first phase of CBDC project
3.6.2024
The small country on the Arabian Peninsula sees CBDC as part of its national development strategy
Why Bitcoin may be boosted by a European Central Bank rate cut
3.6.2024
The ECB is widely anticipated to implement a 0.25% rate cut, following seven consecutive months of easing inflation across the eurozone
O2 má levné lokátory pro iPhony. Tři stojí téměř stejně jako jeden AirTag od Applu. S Air Bank budete mít další slevu
3.6.2024
Operátor O2 nově nabízí svůj vlastní lokátor • Jmenuje se O2 tag a designově hodně připomíná AirTag od Applu • Připojí se do sítě Apple Find My, členové Unity jej pořídí velmi levně
UBS Raises Gold Price Targets, TRUMP Coin Hits All-Time High, and More — Week in Review
2.6.2024
UBS has raised its gold price forecast from rising central bank demand and geopolitical tensions. Meanwhile, the meme coin TRUMP surged over 30% in 24 hours after former President Trump’s appearance at the Libertarian National Convention, marking a 98,352.40% increase over the last year....
Former banker sentenced to 41 months for crypto fraud
30.5.2024
Rashawn Russell, a former Deutsche Bank executive, also intended to commit fraud with stolen bank cards
Ex-Bank Robber's New Heist: Scamming Pokémon Card Buyers For Millions
30.5.2024
Pokémon cards and crime are intimately intertwined at this point, as the collectible cards are often wrapped up in robberies and scams due to their high resale value. Some of the stories surrounding Pokémon card sales have reached tragic ends, and the entire subculture of scalping, stealing,...
Singapore's DBS Bank holding $650M Ethereum? Nansen flags whale holdings
30.5.2024
Nansen believes the crypto wallet already earned $200 million by holding ETH
Singapore's Largest Bank DBS Is an Ether Whale With Nearly $650M in ETH: Nansen
30.5.2024
The address has already made $200 million from its ether holdings
Rep. Emmer says crypto is nonpartisan, opponents are ‘fading’
29.5.2024
The House majority whip and crypto advocate thinks the FIT21 may pass in the current Congressional session
Israel to Launch Digital Shekel Test for Payment
29.5.2024
The "digital shekel," also known as the central bank digital currency (CBDC), is being developed at a faster pace by the Bank of Israel (BoI). The bank recently provided an update on May 28 that included preparations for the payment use case of the CBDC through the 'Digital Shekel Challenge'...
Israel to Start Digital Shekel Challenge to Develop Payment Use Cases
29.5.2024
Israel's central bank is launching a challenge on the use of a central bank digital currency in payments as part of an "action plan for a possible issuance of the digital shekel."