The collapse of major banks in the United States and the need for federal intervention led to discussions to identify the most effective way to protect the collapsing economy. Comparing the episode to the financial crisis of 2008, renowned economist…
Balaji Srinivasan, the former CTO of Coinbase, has made a $2 million bet that Bitcoin will reach the $1 million price mark in 90 days. This bet was in response to financial expert James Medlock who proposed a $1 million…
Ethereum co-founder Vitalik Buterin has emphasized the importance of having multiple “guardians” to maximize the safety of crypto-assets self-guarding through multisig and social recovery wallets. Given the increasing rate of crypto fraud and hacking over the past few years, and…
Binance has responded to a letter from a United States Senator since early March requesting information about the crypto exchange’s operations in the country, including its balance sheet. According to a report dated March 18, Binance’s response did not include…
The Swiss National Bank (SNB) and Swiss financial regulators reportedly believe that the acquisition of investment bank Credit Suisse by UBS, Switzerland’s largest bank, is the “only option” to prevent a “collapse of confidence” in Credit Suisse. According to a…
The Mid-size Bank Coalition of America (MBCA) has reportedly asked the United States federal regulator to extend the insurance of all deposits for the next two years. According to a March 18 Bloomberg report, MBCA – a coalition of mid-sized…
Former Coinbase chief technology officer Balaji Srinivasan has made a millionaire bet on the price of Bitcoin (BTC) over the next 90 days, predicting that the cryptocurrency’s price will reach $1 million on June 17. That bet started on March…
Although crypto hacking has been popular since the emergence of the blockchain industry, blockchain security companies are working hard to bring security and transparency to the sector. This time, BlockSec, a smart contract auditing company dedicated to building security infrastructure…
This Week’s Top Stories Sam Bankman-Fried petitioned the court to prioritize reimbursing legal fees Sam Bankman-Fried (SBF) sought to use the FTX company’s insurance policy to cover legal costs, according to a court filing on March 15. According to the…
Microsoft Edge users may have access to a crypto wallet feature, according to an image shared on Twitter. The leak shows the potential integration of wallets for cryptocurrencies directly in popular web browsers. While Microsoft has yet to confirm the…