Crypto-friendly banks mismanaged traditional risks, FDIC head tells Senate hearing
It all started with FTX, FDIC head Martin Gruenberg said; he emphasized that the American banking system remains sound. Go to Source Powered by WPeMatico
Month: March 2023
French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud
On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud. According to a spokesperson for France’s Financial Prosecutor’s Office (PNF), the preliminary investigation into four French banks and one international … Read more
DAMX: The Emerging Perpetual Exchange on Fantom
PRESS RELEASE. Canada, Alberta – Cryptocurrency has become a hot topic in recent years, capturing the attention of investors and traders alike. While it has faced its fair share of controversies, it has also opened up new possibilities and transformed the financial sector. With the rise of cryptocurrency, there has been a surge in the … Read more
NFTs, gaming and storage: The key to Filecoin and Arweave accruing value?
Future growth in blockchain gaming, NFTs and the need for more decentralized storage could eventually benefit FIL and AR price. Go to Source Powered by WPeMatico
Former FTX CEO Sam Bankman-Fried Faces New Bribery Charges for Alleged Crypto Payment to Chinese Officials
Sam Bankman-Fried (SBF), the former CEO of FTX, now faces a 13-count indictment as U.S. officials have added new charges. One of the new charges alleges that SBF leveraged $40 million to influence “one or more Chinese government officials.” Details of the Bribery Charges Against Sam Bankman-Fried Sam Bankman-Fried (SBF), the co-founder and former CEO … Read more
European Banking Federation shares its vision of digital euro, wCBDC, bank tokens
The EBF calls itself the voice of the European banking sector; it expressed its support for European digital money, with suggestions of its own. Go to Source Powered by WPeMatico
Is Binance in hot water? CZ sued by the CFTC — Watch The Market Report
On this week’s episode of The Market Report, Cointelegraph’s resident expert explains what is happening with Binance, Changpeng Zhao and the CFTC. Go to Source Powered by WPeMatico
How Irish farmers turn cow dung into digital gold (Bitcoin)
Tom Campbell, an Irish dairy farmer who runs a farm in County Armagh, is using excess energy from his farm to mine Bitcoin. Go to Source Powered by WPeMatico
Trader Chris Dunn talks Bitcoin and inflation on the latest Crypto Trading Secrets podcast
The eighth episode of Cointelegraph’s Crypto Trading Secrets podcast welcomed trader and investor Chris Dunn for an interview. Go to Source Powered by WPeMatico
Biggest Movers: XRP Hits Fresh 5-Month High on Tuesday, Extending Recent Win Streak
Xrp rose to a fresh five-month high on Tuesday, as prices climbed for a fourth straight session. The token moved to its highest point since November, which comes despite a red wave sweeping over cryptocurrency markets. The global market cap is down 2.35% as of writing. XRP XRP, formerly ripple, rose for a fourth consecutive … Read more