Major cryptocurrency exchange Bybit has seen total outflows of over $5.5 billion after it suffered a near $1.5 billion hack that saw …
Bank
-
-
Finance
Swiss-regulated Sygnum Bank weighs in on mainstream enthusiasm for crypto ETFs
by shayaanby shayaanMax Stuedlein, head of strategic digital asset solutions at Sygnum Bank challenged the mainstream enthusiasm around crypto exchange-traded funds. Stuedlein opined that …
-
Markets
European Central Bank to Work on Settlement System for Distributed-Ledger Transactions
by shayaanby shayaanThe European Central Bank (ECB) said it is looking to develop a way of settling distributed-ledger technology (DLT) transactions with fiat currency …
-
Regulation
German Central Bank President Calls for Introduction of CBDCs To Protect European Sovereignty
by shayaanby shayaanThe president of Germany’s monetary authority is advocating for a central bank digital currency (CBDC). In a question-and-answer session with economists at …
-
Analysis
Bank of New York Mellon Holds $13,280,431 Worth of Bitcoin (BTC) Exchange-Traded Funds: SEC Filing
by shayaanby shayaanThe Bank of New York Mellon (BNY) is holding more than $13 million worth of shares in Bitcoin (BTC) exchange-traded funds (ETFs). …
-
Finance
Germany’s central bank chief pushes for sovereign digital euro, still sees Bitcoin as ‘digital tulip’
by shayaanby shayaanBundesbank president Joachim Nagel says the European Union needs state-controlled digital currency as a safeguard against private sector dominance in global finance. …
-
Regulation
Unnamed US Bank Turned On a Dime To Refuse Service to Crypto Firm Anchorage Digital, According to CEO: Report
by shayaanby shayaanA high-profile CEO in the crypto space reportedly says that an American bank suddenly decided to shut the company out from banking …
-
Analysis
Billionaire Warren Buffett Pours $1,200,000,000 Into New Asset, Dumps $5,500,000,000 of Berkshire Hathaway’s Exposure To Bank of America
by shayaanby shayaanWarren Buffett continues to unload billions of dollars of Berkshire Hathaway’s stake in Bank of America (BAC). New SEC filings show Buffett …
-
Finance
Klarna Bank CEO says bank is exploring crypto after calling it ‘decentralized Ponzi scheme’
by shayaanby shayaanKlarna Bank, a Swedish fintech company known for its Buy Now, Pay Later service plans to embrace cryptocurrency after previously criticizing it. …
-
Bahrain’s central bank is developing regulations for stablecoins to reduce transaction costs and increase financial access. Making the Digital Asset Space Safer …