Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say
Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting…
Month: May 2023
Breaking the Barriers of Traditional Banking With Digital Assets
Another one bites the dust! The banking industry in the United States is in trouble,…
Standard Chartered Analyst: BTC to Surge by $20,000 if the US Defaults on Debt Obligations
Geoff Kendrick, the head of forex research at the banking institution Standard Chartered, recently said…
Analysts Warn of More Bank Failures, Possible Recession and Global Repercussions Caused by First Republic Bank Collapse
The recent takeover of First Republic Bank, the fourth U.S. bank to fail this year,…
UK government targets fraudsters with new ban on cold calls for crypto
The U.K. government plans to introduce laws to reimburse victims of authorized crypto fraud and…
Crypto influencer named in FTX lawsuit served via tweet
A law firm backing an FTX investor lawsuit served a crypto influencer in a tweet….
FBI, Ukraine seize 9 exchange domains on money laundering allegations
The authorities claimed the exchanges allowed cybercriminals to flout anti-money laundering measures. Nine digital currency…
FTX advisors billed the bankrupt firm for a whopping $103M in Q1
After Sullivan & Cromwell, consulting firm Alvarez & Marsal billed the second largest amount for…
Amnesty nixes AI-generated images of Colombian protests after criticism
The human rights advocacy group pulled the faked images following widespread online criticism. Human rights…
Celsius eyes merge of entities as creditors claim distinctions were a ‘sham’
New court filings are pushing to straighten out the issue in a bid to help…
Retail CBDCs bring unknown ‘consequences’ to financial system: IMF director
The IMF’s Kristalina Georgieva said wholesale CBDCs, on the other hand, have “fairly little space…
Bitcoin metrics to the moon: ATH for hash rate, daily transactions and Ordinals
While the Bitcoin hash rate briefly touches new highs, Bitcoin Ordinals contribute to daily transactions…
Russia Monitoring US Economy Amid Possible Default, Says Official
Russia is closely monitoring the U.S. economy amid discussions of the U.S. government defaulting on…
Ron DeSantis Vows to Prohibit CBDC, ‘Woke Politics,’ and ‘Financial Surveillance’ in Florida
Florida governor Ron DeSantis reiterated his call for a ban on central bank digital currencies…
Economist Peter Schiff Warns of Stagflation in US Economy — Says ‘It’s Going to Get Worse’
Economist Peter Schiff has warned that the U.S. economy is facing stagflation and the situation…
