First Republic Bank Faces Potential Takeover by FDIC Amidst Financial Struggles
According to multiple reports, First Republic Bank is facing significant financial difficulties and could be…
Month: April 2023
Netflix Star Driving Bitcoin Adoption With Porsche Flying El Salvador Flag
Scottish-Salvadoran driver Sebastian Melrose has made his debut in the Porsche Carrera Cup racing championship….
Report: Kenya to Start Levying Tax on Revenue Earned by Crypto Exchanges
According to regulations published by the country’s treasury secretary, global crypto exchanges used by Kenya’s…
Tencent Cloud to reportedly offer deepfake creation tool at $145
Tencent Cloud’s deepfake creation service can analyze and train itself on three-minute videos and 100…
Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts
A growing number of banking institutions in Russia are offering customers the option to save…
Argentina to Settle Chinese Imports in Yuan to Safeguard Dwindling Dollar Reserves
The economy minister of Argentina, Sergio Massa, announced that starting this month, payments for imports…
World’s Largest Regional Organization to Switch to Settlements in National Currencies
A China-led regional organization that covers more than half of Eurasia intends to transition to…
OpenAI’s ChatGPT re-enters Italy after obliging transparency demands
The revocation of the ban in Italy required ChatGPT to reveal its data processing practices…
Mastercard launches Web3 user verification solution to curb bad actors
Mastercard’s new solution revolves around providing “secure transactions between users, verified according to standards” set…
Bitcoin sell-off next? Binance BTC balance shoots up $1.5B in 1 month
Binance is up over 50,000 BTC in a month, in sharp contrast to other major…
Elon Musk introduces Twitter monetization avenues for content creators
The latest user-centric revamp is targeted at improving follower engagement and creating new revenue streams…
Congressman McHenry announces joint hearings to address market structure around digital assets
Patrick McHenry suggested that the hearings will look to add to the regulatory efforts being…
Revolut taps Koinly for automated cryptocurrency tax reports
Revolut has partnered with Koinly to integrate cryptocurrency tax report services for users. As cryptocurrencies…
KuCoin confirms an exchange user is behind alleged daily rug pulls
A community member identified a wallet address that allegedly launched several memecoin rug pulls daily…
Brazil Bans Telegram Temporarily Due to Alleged Lack of Collaboration in Fight Against School Violence
A federal judge in Brazil has ordered the temporary suspension of Telegram in the country…
