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US Government in Talks to Rescue Struggling First Republic Bank, Sources Say
28.4.2023
Sources have revealed that U.S. government officials are in talks to rescue First Republic Bank, a struggling financial institution. The discussions involve the U.S. Treasury, the Federal Deposit Insurance Corporation (FDIC), and the Federal Reserve, according to reports on Friday. Private-Sector...
Systemic Swiss Banks Not Ready for Crisis, Regulator Says
28.4.2023
Switzerland’s financial regulator is not satisfied with the emergency plans of two of the Alpine nation’s five major banks. The assessment refers to a period prior to the rescue of Credit Suisse by UBS when the authority viewed the troubled giant’s preparedness in positive terms. 2 Swiss Banks...
World’s Largest Asset Manager Blackrock Predicts No Fed Rate Cuts This Year
30.3.2023
The world’s largest asset manager, Blackrock, does not see the Federal Reserve cutting interest rates this year. “That’s the old playbook when central banks would rush to rescue the economy as recession hit. Now they’re causing the recession to fight sticky inflation – and that makes...
Shares of Deutsche Bank, Other Euro Lenders Tumble
24.3.2023
Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the aftermath of the recent emergency rescue of Credit Suisse and follows losses in U.S. banks on Thursday. Deutsche Bank...
Credit Suisse rescue plan may include nationalization, bondholder losses
19.3.2023
A bank rescue plan for Credit Suisse may impose losses on its bondholders and even result in a full or partial nationalization of Credit Suisse Group AG
Goldman Sachs Now Expects No Rate Hike in March Due to Stress in US Banking System
14.3.2023
Goldman Sachs has revised its U.S. interest rate forecast due to “stress in the banking system.” The global investment bank no longer expects the Federal Reserve to raise interest rates at its Federal Open Market Committee (FOMC) meeting in March after the central bank announced...
AAVE DAO votes for 'rescue plan' to save lost tokens
10.3.2023
The plan intends to allow developers to recover tokens from certain AAVE contracts and send them to owners who transferred them by mistake
Hogwarts Legacy Gets Animal Rescue All Wrong
9.3.2023
The only true moral stance Hogwarts Legacy takes is that animal abuse is bad. One of the main enemy types you face are poachers, a quest takes you to a dragon fighting pit that will horrify, and Poppy Sweeting (bless her) is a Hufflepuff student determined to free every animal on the hillside with...
Crypto exchange Digital Surge emerges as a rare survivor of FTX fallout
25.1.2023
The Australian crypto exchange had $23.4 million of digital assets locked on FTX when it collapsed and FTX’s Australian subsidiary went into administration
Philippine Authorities Rescue Alleged Victims of ‘Crypto Trafficking Ring’
23.1.2023
Philippine authorities say that they have rescued alleged victims of a “crypto trafficking ring” who were recruited to work in a call center in Cambodia and scam people out of their cryptocurrencies. The authorities are also investigating government employees who may have assisted...
Is The Federal Home Loans Bank System Carrying Out a Stealth Rescue of the 2 Biggest Crypto Banks?
22.1.2023
Signature Bank and Silvergate, two of the biggest crypto banks, have received billions in loans from the Federal Home Loan Banks, a system originally designed to support housing finance and community investment.
According to a Saturday report from The Wall Street Journal, Signature Bank received...
The Rescue Of Logan Paul's Old Pig Has The Internet Aghast
10.1.2023
Disgraced YouTube influencer turned amateur boxer turned NFT publisher, Logan Paul, is once again universally loathed after the animal sanctuary Gentle Barn released a TikTok on Monday suggesting it had rescued his former pig from the wild. Named Pearl, the teacup pig was reportedly found alone...
Solana Price Prediction as SOL Dips Below $10 Before Ethereum Founder Vitalik Buterin Comes to the Rescue – Here's What Happened
30.12.2022
Solana price is witnessing a relief rally ahead of the New Year following Ethereum co-founder Vitalik Buterin's hint that he could come to the network's rescue. SOL was hammered the most in November after Sam Bankman-Fried's FTX exchange collapsed....
Read More: Solana Price Prediction as SOL Dips...
Changpeng Zhao Won't Rescue Binance by Selling out Crypto Self-Custody
15.12.2022
Failed FTX Rescue Attempt Revealed, Putin Calls for Digital Currency Settlements — Week in Review
4.12.2022
Shark Tank star Kevin O’Leary has revealed his and Sam Bankman-Fried’s failed attempt to raise $8 billion to rescue the now collapsed crypto exchange FTX. In other news, Russian president Vladimir Putin has called for international settlements based on digital currencies. All this...
Ton Steward Looks to Draw Projects to its Ecosystem With $126M Rescue Fund
30.11.2022
The stewards of the TON network have set up a 'rescue fund' with a soft commitment of $126 million to support projects experiencing liquidity problems as a result of the FTX fallout
Kevin O’Leary Reveals How He Almost Secured $8 Billion to Rescue FTX Before It Collapsed
29.11.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared how he and Sam Bankman-Fried (SBF) almost raised $8 billion from institutional investors to save crypto exchange FTX before it collapsed. However, when reports emerged of FTX being investigated by several authorities, including...
Crypto and fiat savers are making a fatal error — and DeFi can come to the rescue
22.11.2022
Across crypto and fiat, many consumers are making a fatal error: they're letting their assets sit idle in accounts without earning interest
Tether CTO confirms no plans to rescue FTX
11.11.2022
FTX won’t be getting a bailout from Tether who confirmed it isn’t planning to provide a cash injection despite the CEO reportedly reaching out to multiple firms for help
Dan Loeb's Hedge Fund Third Point Among Those in Talks for $9.4B FTX Rescue
10.11.2022
Third Point is part of a group of investors involved in bailout talks for Sam Bankman-Fried's troubled crypto exchange