Search
U.S. Secret Service Seizes Funds From Bahamian Bank Deltec Amid Fraud Investigation
18.7.2023
Tktktktktk
Today in Crypto: Shinhan Bank Tests Stablecoin Payments on Hedera Network, Marathon Shareholders File Lawsuit Against CEO & Top Execs, Cronos Partners with Ubisoft
18.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Shinhan Bank Tests Stablecoin Payments on Hedera Network, Marathon Shareholders File Lawsuit Against CEO...
Latam Insights — Argentina’s Reserves Bleed, Central Bank of Brazil Would Be Able to Manipulate Digital Real in CBDC Pilot
18.7.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, the Argentine central bank sheds yuan for dollars as its reserves bleed, the Central Bank of Brazil would be able to manipulate balances and block digital...
Ron DeSantis Promises to Ban CBDCs if Elected President
17.7.2023
DeSantis in March signed a bill as Florida’s governor to prohibit the use of CBDC’s within his state
Crypto Industry Turns to Customers Bank as Preferred Partner Amidst Collapse of Silvergate, Signature
17.7.2023
The US crypto industry has a new favorite banking partner, a small Pennsylvania-based called Customers Bank.
According to a Bloomberg article citing sources familiar with the matter, the bank is partnered with hundreds of crypto companies, with a wave of new clients coming in after the collapse...
Chainlink's Interoperability Protocol, Connecting Blockchains to ‘Bank Chains,’ Goes Live
17.7.2023
This is the launch of the standard that could connect all of the blockchains and all of the bank chains, Sergey Nazarov said in an interview with CoinDesk
Algorand versus InQubeta: Which token should investors bank on more?
17.7.2023
Cryptocurrencies are filled with promising projects and innovative solutions, each vying for investors’ attention and support. Two notable contenders in the market, Algorand, and InQubeta, have captured the interest of investors with their unique propositions and growth potential. Let’s...
National Australia Bank Halts Payment to Crypto Platforms Where Scams Are ‘More Prevalent’
17.7.2023
National Australia Bank (NAB), one of the ‘big four’ banks in the nation, has blocked some payments to “high-risk” crypto exchanges, where scams are “more prevalent.”
In an official statement, detailing new measures to protect customers from scams, NAB identified crypto scams as...
RBI and the Central Bank of the UAE exchange two MoUs
17.7.2023
The middle days of July have come with a lot of highlights for the relationship between India and the UAE. As a brief background, the Prime Minister of India was on a trip to the UAE, where he met the Crown Prince of Abu Dhabi – Zayed Al Nahyan. The purpose of the trip was …
Brazilian Central Bank Digital Currency Raises Alarm as Developer Uncovers Fund Freezing Feature
17.7.2023
A blockchain developer has found a code in Brazilian central bank-backed digital currency (CBDC) that would allow the government to freeze accounts or even drain them at will.
Founder of Web3 consulting company Iora Labs and blockchain developer Pedro Magalhaes took to social media to reveal...
US Dollar Shortages: Ethiopia and Nigeria in $100 Million Currency Swap Transaction
17.7.2023
According to a report, the central banks of Ethiopia and Nigeria recently consummated a $100 million currency swap transaction. Under the arrangement, an Ethiopian airliner was paid local currency equivalent to $100 million while Dangote Cement is said to have received a similar amount of nairas....
National Australia Bank joins crypto exchange boycott, cites ‘scams’
17.7.2023
National Australia Bank is the latest bank to announce blocks on certain cryptocurrency exchanges, citing the high risk of scams
Nifty News: Metaverse bank robberies, Trump NFT biz prefers crypto over cash, and more
17.7.2023
The Bank of America’s metaverse trains staff on resolving customer disputes or helps them relax by riding a virtual unicorn
‘Done, Dead’ — DeSantis to Nix Central Bank Digital Currency on Day 1
16.7.2023
Central bank digital currency (CBDC) is a “massive threat” to liberty, Republican Governor of Florida Ron DeSantis is convinced. During an interview with former Fox News host Tucker Carlson, DeSantis vowed to send CBDC “to the ash heap of history” if he is elected President of the United States....
Ron DeSantis vows to ban CDBCs in the US if elected president
15.7.2023
Speaking at the Family Leadership Summit on July 14, DeSantis promised to ban CBDCs in the United States if he is elected president
JPMorgan CEO Jamie Dimon Calls 2023’s Banking Fiasco a ‘Mini Crisis’, Foresees Consumer Savings Depleted by Year’s End
15.7.2023
Four days ago, JPMorgan Chase CEO Jamie Dimon was interviewed by The Economist and he discussed the recent U.S. banking disaster that occurred last March. At that time, the public witnessed the second, third, and fourth largest bank failures in U.S. history. Dimon asserted that “for the most part,”...
Bank of America Faces Scrutiny After Coinbase User Alleges the Bank Closed His Account Over Bitcoin Transactions
15.7.2023
Bank of America has come under scrutiny after a Coinbase user claimed that the bank closed his account over Bitcoin transactions. Coinbase CEO Brian Armstrong quickly addressed the issue, asking other users if they have encountered the same problem with Bank of America. Coinbase’s CEO Raises...
United Kingdom’s digital pound meets public backlash — Why?
14.7.2023
The use of physical currency for transactions is plummeting globally, so why is the U.K. so tentative with its own central bank digital currency?
Central Bank of Argentina Accelerates Yuan Sales and Dollar Purchases as Reserves Dwindle
14.7.2023
The Central Bank of Argentina has accelerated the sale of its Chinese yuan stash, using part of the swap line provided by the government of China while it tries to acquire dollars simultaneously. According to local sources, the country’s reserves have plunged to their lowest levels in eight...
Experts Warn of Impending Recession in the US as Survey Reveals 59% Chance by July 2024
14.7.2023
A recently published survey by Bankrate reveals that there is a 3-in-5 likelihood of a recession occurring in the United States within the next year. Bankrate’s survey of economists firmly indicates that the chances of a recession taking place in the U.S. are greater than the chances of...