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Nalezeno "trust": 1307

Institutions ‘extremely interested’ in crypto ETFs, but buying has cooled: Survey

4.4.2023
Almost half of surveyed fund managers plan to “add” crypto ETFs to their portfolio in 2023, while only a quarter will be increasing digital asset exposures

First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B

27.3.2023
According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and loans from SVB, as well as the 17 branches that...

Billionaire Bill Ackman on US Banking Crisis: ‘I Fear We Are Heading for a Train Wreck’

26.3.2023
Billionaire Bill Ackman has warned that the U.S. economy is “heading for a train wreck” if the government allows the current banking crisis to continue. “Trust and confidence are earned over many years, but can be wiped out in a few days,” he said. “Hopefully,...

Decentralized Media Via Web3: A Solution to Bias and Trust Issues in News?

24.3.2023
Ashley Rindsberg – a speaker at CoinDesk's Consensus festival – argues that the New York Times has a track-record of dangerous misreporting. Is "DeMe" the answer to what skews to the media?

1inch Network co-founder to crypto newbies: ‘Don’t trust anyone, verify’ | PBW 2023

23.3.2023
1inch Network co-founder Sergej Kunz highlighted that mass adoption means that people understand "the non-custodial way."

Gryfyn raises $7.5m days after launch by Animoca Brands and Hex Trust

22.3.2023
It is not unlikely for two players to come together from different backgrounds and partner to accelerate the adoption of Web3. Animoca Brands and Hex Trust are recent examples. They have announced the public launch of a joint venture, Gryfyn. It has been tasked with providing innovative custodial...

On the Brink of a New Trend: Credit Suisse Receives 50 Billion Swiss Franc Bailout From Swiss National Bank

16.3.2023
Credit Suisse has experienced a loss of confidence in the financial institution’s health following a significant drop in its shares’ value this week. Over the past five days, Credit Suisse shares have fallen 24.34% against the U.S. dollar, eroding trust amid fears about the global...

Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits

13.3.2023
Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after its former settlement partner, Signature Bank, was closed by New York regulators, according to a statement from CEO Jeremy Allaire. “The 1:1 redeemability of all USDC in circulation is of paramount...

How and why do stablecoins depeg?

12.3.2023
Discover the causes and mechanisms behind stablecoin depegging

SEC disapproves VanEck spot BTC trust product, commissioners see double standard

10.3.2023
SEC Commissioners Mark Uyeda and Hester Peirce have issued a joint statement highlighting discrepancies they see in the application of standards to applicants for ETPs

Shares of Grayscale Bitcoin Trust Form Bullish Chart Pattern: Technical Analyst

9.3.2023
The bullish reversal pattern would open doors for a 50% price rally, chart analysts said

Grayscale Chief Legal Officer: A Spot Bitcoin ETF Will Protect U.S. Investors, Consumers

8.3.2023
Craig Salm discusses what scenario is likely to play out for the firm’s ongoing bid to gain approval for its spot Bitcoin ETF following Tuesday’s appeals court hearing

89% still trust centralized custodians despite 2022's collapses: Survey

8.3.2023
A January survey from Paxos found that 89% of respondents still trusted “intermediaries” to hold their crypto, despite the collapses and bankruptcies in 2022

GBTC Discount Narrows to Lowest Level Since November Following Court Hearing

7.3.2023
The three judge panel appeared skeptical of the SEC’s reasoning for denying conversion of the trust to an ETF

A Dozen Reasons Why the SEC Should Have Approved Grayscale's Spot Bitcoin ETF

7.3.2023

Alameda Research Sues Grayscale Investments Seeking to Unlock Billions in Value for Shareholders

7.3.2023
FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin and Ethereum Trusts. The debtors allege that “Grayscale has extracted over $1.3 billion...