The new guidelines from the Federal Reserve hold a prospect of “the most stringent review” for non-federally insured institutions.
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Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits
This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says the industry is “evolving toward a positive long term.”
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Morgan Stanley Analyst Says Crypto Economy’s Liquidity Improved, but There’s ‘No Huge Demand to Re-Leverage’
An analyst at the New York-based financial services and investment management company Morgan Stanley detailed on Monday that crypto liquidity seems to be recovering. Morgan Stanley’s Sheena Shah highlighted in a note to investors that the stablecoin market capitalization is seeing fewer redemptions for the first time since April. Morgan Stanley Investors’ Note Says Crypto […]Powered by WPeMatico
Facebook and Twitter will soon be obsolete thanks to blockchain technology
On Web2 — Twitter and Facebook — users do not own their own content or followers. That isn’t the case on Web3, where our corporate overseers will become powerless.
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Prosecutors want to claim NFTs as securities, alleges legal team of former OpenSea employee
“The government has brought the instant prosecution using ill-founded applications of criminal law to set precedent in the digital asset space,” said Nathaniel Chastain’s lawyers.
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Tencent receives patent for blockchain-based missing persons poster
The simple patent idea took three years to be granted regulatory clearance.
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Cryptocurrencies react to Jackson Hole, Fed rate hike plans and a weakening bear market rally
The price action in Bitcoin, altcoins and stocks reflects investors’ anxiety over the Fed’s rate hike plans, a weakening bear market rally and this week’s Jackson Hole economic symposium.
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FCA highlights limited role as unregistered businesses continue to operate
Crypto.com has become the latest company to register with the United Kingdom’s Financial Conduct Authority, while many continue to operate without approval.
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EUR Drops Below USD for the Second Time in 20 Years, Greenback’s Strength Leads to Largest Weekly Rise Since March 2020
The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide and this week, the euro dropped below the USD for the second time in 20 years after meeting parity with the dollar in mid-July. The dollar’s recent brawniness has resulted in the largest weekly rise since March 2020, according to […]Powered by WPeMatico
Crypto.com moves forward with multimillion-dollar renovation of Staples Center following staff cuts
“Brave of them… maybe fortune favor them,” said one Redditor in response to an artist’s rendering of the renovations.
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