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Hacker vs Hacker: North Koreans Attempt to Phish Euler Exploiter of $200M in Crypto, Experts Say
22.3.2023
The wallet that stole $200 million in crypto from DeFi protocol Euler Finance was the target of an apparent phishing campaign from North Korean hackers, according to analysts
White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This Week
21.3.2023
With the Federal Open Market Committee convening on Wednesday and the recent financial troubles facing the U.S. banking system, White House press secretary Karine Jean-Pierre said President Joe Biden has “confidence” in Federal Reserve chair Jerome Powell. Meanwhile, according to...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates, Ahead of Pivotal FOMC Meeting
21.3.2023
Bitcoin consolidated recent gains on March 21, as markets await the upcoming Federal Open Market Committee (FOMC) meeting. Many expect that the Federal Reserve will maintain rate hikes, however at a slower pace of 25 basis points. This comes after the U.S. announced it will explore measures...
UK Crypto ‘Whitelist’ Needed to Solve Debanking, Lobby Group Says
21.3.2023
British banks have said they keep people away from crypto for their customers' own protection
Damex Releases in-App Utility Token Damex Token, Enables Users to Earn Rewards for Staking Tokens
20.3.2023
PRESS RELEASE. WATERPORT PLACE, GIB., March 20th, 2023 – Digital Asset Management Limited and the Damex group (“Damex” or “Damex.io”)), a Distributed Ledger Technology provider based in Gibraltar, recently announced its utility token IEO, the Damex Token ($DAMEX), which can be used within the Damex...
Midsize US Banks Ask Regulators to Extend FDIC Insurance to All Deposits for 2 Years Before Another Bank Fails
20.3.2023
The Mid-Size Bank Coalition of America has asked federal regulators to extend FDIC insurance to cover all deposits for the next two years. “Doing so will immediately halt the exodus of deposits from smaller banks, stabilize the banking sector and greatly reduce chances of more bank...
UBS Group doubles offer and acquires Credit Suisse for $2B
19.3.2023
Swiss authorities agreed to change the country's regulations to bypass a shareholder vote and announce the deal over the weekend
UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal
18.3.2023
After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit...
Former NY Regulator: Crypto Isn't the Reason Why Signature Bank Was Closed
17.3.2023
But instead, the firm did not provide reliable and consistent data, creating a significant crisis of confidence in the bank’s leadership, Maria Vullo, previously a superintendent at the government department, told CoinDesk TV’s “First Mover.”
SVB Financial Group Files for Chapter 11 Bankruptcy Protection to ‘Preserve’ Firm’s Value
17.3.2023
On March 17, 2023, SVB Financial Group, the parent company of Silicon Valley Bank, filed for Chapter 11 bankruptcy protection in the Southern District of New York. The company stated that it is no longer associated with Silicon Valley Bank (SVB) after the Federal Deposit Insurance Corporation...
Today in Crypto: ‘If Government Bans Drugs, It Should Ban Crypto’, SVB Financial Group Files for Bankruptcy, BlockSec Stops Hacker from Stealing ETH 2,900
17.3.2023
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: ‘If Government Bans Drugs, It Should Ban Crypto’, SVB Financial Group Files for Bankruptcy, BlockSec Stops...
Breaking: SVB Financial Group files for Chapter 11 bankruptcy
17.3.2023
SVB Financial Group, the former umbrella entity of Silicon Valley Bank, has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York to "preserve value."
Genesis Requests Timetable for Sale, Creditor Claims
17.3.2023
The company wants to sell off its business after filing for bankruptcy on Jan. 19
Wallet Tied to Euler Exploit Sends 100 Ether to Lazarus Group
17.3.2023
The Lazarus Group was behind the $625 million exploit of Axie Infinity’s Ronin network in March 2022
Animoca Brands Japan invests in SmartRetail Group
16.3.2023
Animoca Brands Japan, which happens to be an affiliate of Animoca Brands, has come out with its official announcement that it has taken a pledge to make a well-calculated investment in the SmartRetail Group. SmartRetail, on its own, happens to be an absolute top Engagement Out-of-home (EOOH)...
British Bank Natwest Implements New Limits on Cryptocurrency Payments to Combat UK Crypto Scams
15.3.2023
On March 14, 2023, the U.K.-based bank Natwest Group announced new limits on cryptocurrency payments, citing crypto scams that cost U.K. consumers £329 million annually. The limit imposed on crypto exchanges is £1,000 daily ($1,215), with a 30-day limit of £5,000 ($6,077). Natwest’s Cautious...
Blockchain Firm RockX Unveils Institutional Liquid Staking Platform
15.3.2023
Last month, liquid staking became the second-largest crypto sector when the total value of assets locked reached $14.1 billion
Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders
14.3.2023
The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would leave the bank in jeopardy. Additionally...
Alchemy Pay Partners With ZD Group, Parent Company of Mouette Securities, Shares Four Hong Kong Licenses and Receives Its Investment
14.3.2023
The leading fiat-crypto payment gateway, Alchemy Pay, has revealed that it has joined forces with ZD Group, the parent company of Mouette Securities, a reputable global investment fund. Within the frame of this strategic collaboration, ZD Group provides investment and shares its four financial...
Hawex Group took part in the biggest digital currency event this year: Crypto Expo 2023 in Dubai
14.3.2023
Over 10 thousand people interested in digital currency and fintech technologies met at one event to learn about current digital market trends. Experts and guests of the conference spoke about everything from investing to the best stablecoins and NFTs. Fintech company Hawex introduced its products...