Binance has converted the remainder of its $1 billion in industry recovery funds to other assets. The converted assets include Bitcoin, Binance Coin, and Ethereum. Binance CEO Changpeng Zhao has announced that Binance will convert […]
DEXs rely on smart contracts instead of middlemen to provide financial services, such as trading, lending, or borrowing, to users. Users deposit their tokens to pools to provide liquidity to the platform for rewards – […]
Signature Bank is the next bank to be closed by Federal regulators. Regulators closed the crypto-focused bank, citing systemic risk. The Federal Reserve has closed Signature Bank, as revealed in a press release issued on […]
The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the fifth ‘information system operator’ in the country that can legally […]
‘Europeum’ could safeguard values like privacy, digital minister Mathieu Michel told CoinDesk, as he seeks to make Belgium a blockchain hub Source link
Markets jumped amid respite from the U.S. government and USD Coin-issuer Circle. Source link
Crypto usage has been increasingly on the radar of tax authorities worldwide in recent years. The growing popularity of cryptocurrencies has increased their use for transactions and investments. Tax authorities want to ensure that individuals […]
Since September 2021, the growth in cash assets in small bank balance sheets has turned negative. Source link
The closure of Silicon Valley Bank last week has sparked a period of unprecedented bank turmoil last seen during the Global Financial Crisis (GFC) in 2008. While 2020 was a nightmare year for most, it […]
Stablecoin issuer says USD funds held at Signature bank now fully backstopped by Fed Source link
Copyright © 2021|