‘How did this happen’ — Powell says Fed stumped over the collapse of SVB
In a post-FOMC meeting on March 22, the chairman of the Federal Reserve said his “only interest is that we...
Day: March 22, 2023
FTX seeks to claw back $460M from Bankman-Fried-backed VC firm
While the funds represent a small portion of FTX’s overall asset shortfall, the settlement means the firms can avoid a...
How the Crypto Market Affects the iGaming Industry
These digital assets have completely changed up the online gaming scene, taking over the whole shebang from investments to payments-...
Coinbase could face SEC enforcement action for ‘potential violations of securities law’
The crypto exchange claimed that none of its listed assets were considered securities, and any potential targeting of its wallet...
eToro raises $250M after terminating SPAC deal
The Israel-based firm raised capital for the first time since 2018, after failing to go public in 2022 through a...
Xapo Bank to enable USDC deposits and withdrawals
According to the Bitcoin custodian, utilizing the USDC stablecoin will allow members to deposit and withdraw funds without fees. Bitcoin...
Bitcoin Price Prediction for Today, March 22: BTC/USD Falls 4.45% to Hit $26,802 Support
The Bitcoin price prediction sees a 4.45% decline over the past few hours as the cryptocurrency fails at $29,104 and...
Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies
As part of the talks that Russian president Vladimir Putin and Chinese president Xi Jinping are currently conducting in Russia,...
SEC Sues Tron Founder Justin Sun for Market Manipulation and Offering Unregistered Securities
The U.S. Securities and Exchange Commission (SEC) has taken action against Justin Sun, the founder of Tron, and the Tron...
Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain
The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the...
Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025
Following the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds...
Adopting CBDC could destabilize banks, help households, US Treasury study says
When integrated into the economy, a CBDC or stablecoin would compete with bank deposits to the public benefit, at least...
Arbitrum’s ARB token signifies the start of airdrop season — Here are 5 to look out for
Arbitrum’s upcoming ARB token has everyone excited about the next potential airdrop, and it looks like there’s more to come....
SEC files lawsuit against Tron’s Justin Sun and celebrities over crypto securities offering
Among the celebrities who settled with the SEC for their alleged role in promoting TRX and BTT were actress Lindsay...
Deloitte dives into immersive experiences as more industries turn to Web3
The Big 4 accounting firm is betting on immersive experiences and other Web3 solutions to address various corporate needs. Immersive...
