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‘Dr. Doom’ Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks

3.4.2023
Economist Nouriel Roubini has shared his opinion about bank problems in the United States in a recently published opinion editorial. In the article, Roubini insists that “most U.S. banks are technically near insolvency, and hundreds are already fully insolvent.” Roubini:...

Biggest Movers: Cardano Moves to 6-Week High, Climbing by Over 6% on Friday

31.3.2023
Cardano moved to a six-week high on Friday, as consumer sentiment in the United States fell by more than expected. The University of Michigan’s monthly report fell to a reading of 62 in March, lower than the 63.2 sum markets were expecting. Chainlink also climbed, breaking out of a...

US government plans to sell 41K Bitcoin connected to Silk Road

31.3.2023
On March 14, 2023, the government sold 9,861 BTC for $215.7 million, according to court documents filed on March 31

BUSD deposits and withdrawals via OCBS suspended on Binance.US

31.3.2023
Binance.US said it temporarily disabled One Common Billing System and BUSD stablecoin pairs after halting Apple Pay and Google Pay deposits

Terra co-founder Do Kwon's jail time in Montenegro will be harsh: Report

30.3.2023
Now in custody in Montenegro, Do Kwon could be facing "at least a year" behind bars as the country considers extradition requests, according to one criminal defense lawyer

Government requests for user data from Big Tech increased by 25%: data

30.3.2023
Requests for user data from Big Tech companies such as Apple, Google and Microsoft continue to rise year after year from governments around the world

Fair crypto laws ‘possible’ in the US but needs ‘a lot of work’ — Crypto Council advisor

30.3.2023
Crypto Council for Innovation advisor Sean Lee said more education is needed for policymakers and financial regulators

Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations

29.3.2023
On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were...

Binance concealed ties to China for years, even after 2017 crypto crackdown: Report

29.3.2023
Documents reviewed by the Financial Times show that Binance kept staff and operations in China despite announcing its departure in 2017

US and South Korea request extradition of Terra co-founder Do Kwon

29.3.2023
Do Kwon may have to serve time in Montenegro if convicted of charges related to forged identification documents before any extradition to the U.S. or South Korea is granted

Bitcoin, Ethereum Technical Analysis: BTC Back Above $28,000, Following US Consumer Confidence Report

29.3.2023
Bitcoin surged higher on Wednesday, as markets reacted strongly to better-than-expected consumer confidence figures in the United States. Data from the Conference Board showed that its monthly survey rose to a reading 104.2, better than the 101 sum expected. Ethereum also climbed, moving above...

SEC chief Gary Gensler to face Congress grilling over crypto policy

29.3.2023
FSC chief noted that their primary focus would be setting the groundwork for crypto regulations in the U.S

Circle prefers reserves and payment rails with the Fed, says exec

29.3.2023
Circle’s APAC Vice President said that the company currently holds 80% of its reserves but would ultimately like to keep all cash with the Fed, in light of the recent banking crisis

Adoption and nerves — Crypto pumps amid banking crisis

28.3.2023
Despite four major banks imploding recently, Bitcoin remains resilient, but questions persist over the long-term sustainability of its ongoing rally

SBF banned from using online messengers under new bail agreement

28.3.2023
The U.S. prosecutors reportedly agreed to allow Sam Bankman-Fried to stay home while restricting using some electronic devices and apps

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...