BNY Mellon, America’s oldest bank, launches crypto services
The bank will store private keys and provide bookkeeping services equivalent to those offered to fund managers in traditional assets. Go to Source Powered by WPeMatico
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Economists debunk the banking system and win the Nobel Prize
Three economists were awarded the Nobel Prize in economic sciences for their decades of research on societal reactions to financial crises and avoiding bank collapses. Go to Source Powered by WPeMatico
Crypto and digital bank MinePlex secures $100M in funding from GEM
The funding will be used in new banking technologies, including a collaboration with Mastercard and Visa for crypto transactions. Go to Source Powered by WPeMatico
2008 ‘Lehman Moment About to Hit’ — Major Banks Suffer; How to Access Your ETHW, ‘No Digital Dollar Act,’ Sega Blockchain Game — Bitcoin.com News Week in Review
In this week’s edition of the Bitcoin.com News Week in Review, two of the world’s largest banks — Credit Suisse and Deutsche Bank — are suffering from distressed valuations, with credit default insurance levels looking like those last seen in the 2008 financial crisis. For those interested in assets outside of such behemoth tradfi (traditional … Read more
Crypto Biz: NYDIG stacks sats, Elon buys Twitter
Amid the bear market, positive signs of crypto adoption continue to emerge. Also, Elon Musk is finally moving ahead with plans to acquire Twitter. Go to Source Powered by WPeMatico
Basel Committee: Banks worldwide reportedly own €9.4 billion in crypto assets
The study found that banks mostly held volatile cryptocurrencies and had little exposure to stablecoins. Go to Source Powered by WPeMatico
Mastercard Debuts Blockchain Surveillance Tool for Banks and Crypto-Centric Card Issuers
On Tuesday, the multinational financial services corporation Mastercard revealed that it is launching a new crypto monitoring product called Crypto Secure. The Crypto Secure software aims to leverage artificial intelligence (AI) algorithms in order to help banks and crypto-centric debit card issuers identify fraudulent crypto transactions. Mastercard, Ciphertrace Introduce New Crypto Monitoring Product Called Crypto … Read more
If Credit Suisse collapses, will it bring more volatility to the crypto market? Watch The Market Report
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the Credit Suisse situation and what impact it would have on the cryptocurrency market if it did collapse. Go to Source Powered by WPeMatico
Is payments giant SWIFT preparing for a blockchain-bound future?
Are TradFi and DeFi converging, moving toward a middle ground that includes tokenized assets, interoperability and regulation? Go to Source Powered by WPeMatico
Mastercard launches new crypto fraud protection tool
Mastercard’s new product allows banks to find and prevent fraud on crypto merchant platforms within its network. Go to Source Powered by WPeMatico
