Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges
After the American financial technology giant Paypal rolled out crypto payments last year, the company…
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Bitcoin Network Hits 75% Progress Towards Next Reward Halving
At 11:06 a.m. Eastern Time (ET) on April 29, 2023, at block height 787,500, the…
First Republic’s crisis is not an isolated incident: JPMorgan exec
The CIO of JPMorgan Asset Management said it’d be “naive to say that this is…
FDIC pins Signature Bank’s failure on poor governance and illiquidity
The FDIC blamed Signature’s board of directors and management for pursuing “unrestrained growth” using uninsured…
US Senator Rand Paul Warns of US Dollar Losing Reserve Currency Status — Says ‘It’s Not an Unfounded Prediction’
U.S. Senator Rand Paul has warned that the U.S. dollar could lose its status as…
Billionaire Ray Dalio Warns US and China on Brink of War, Beyond Ability to Talk — US-China Trade Could Collapse
Bridgewater Associates founder Ray Dalio has warned that the U.S. and China are “on the…
Economist Predicts Shift to Tripolar Reserve Currency World — Yuan, Euro to Disrupt US Dollar’s Dominance
Economist Stephen Jen, a former Morgan Stanley managing director, expects a shift “from a unipolar…
FDIC alleges Cross River engaged in ‘unsafe’ lending practices
Cross River is yet to admit nor deny the allegations that it “engaged in the…
Visa stablecoin plan, debt’s ceiling effect on Bitcoin price: Hodler’s Digest, April 23-29
Circle launches cross-chain transfer protocol, Visa shares plans for stablecoin product, Kraken fights back in…
Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm
This week, the Statistics Bureau of Japan unveiled the latest core consumer price index (CPI)…
Reports by Fed and FDIC Reveal Vulnerabilities Behind 2 Major US Bank Failures
On Friday, Michael Barr, the vice chair for supervision at the U.S. Federal Reserve, published…
No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again
Bank of Russia decided to maintain the interest rate at 7.5% amid moderate inflation, estimated…
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…
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…