SEC Probes First Republic Bank Executives for Insider Trading; Lawmakers Dump Bank’s Shares Before Collapse

After the second largest bank failure in history, die USA. Wertpapier- und Börsenkommission (SEK) is reportedly investigating First Republic Bank executives for allegedly engaging in insider trading. Two sources have claimed that the securities regulator is scrutinizing the bank’s executives

Latam Insights — Alliance Against Inflation, BTG Pactual Launches Stablecoin, and Argentina Debuts New Dollar

Willkommen bei Latam Insights, ein Kompendium der wichtigsten Krypto- und Wirtschaftsentwicklungsnachrichten aus Lateinamerika der letzten Woche. In dieser Angelegenheit: Latin American nations ink an agreement to reduce inflation, Brazil-based BTG Pactual launches its own dollar-pegged

‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’

Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signaturbank, Credit Suisse and others as thePanic of 2023,drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable

Multichain Wallet Bitkeep Raises $30 Million From Bitget to Strengthen Links Between Defi and Cefi

Am Mittwoch, the multichain wallet Bitkeep announced it raised $30 million from the crypto derivatives platform Bitget. Bitkeep now has an overall valuation of $300 Million, with goals aimed at strengthening the links between decentralized finance (ein Gesetzesvorschlag, der darauf abzielt, die Generierung und Handhabung von Daten durch die Akteure, die sie nutzen, zu regeln) and centralized finance (cefi)….

Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies

As part of the talks that Russian president Vladimir Putin and Chinese president Xi Jinping are currently conducting in Russia, Russia has vowed to move to use the Chinese yuan as a settlement currency with countries in Asia, Afrika, and Latam….

Die Aktien der First Republic Bank wurden von S. auf Junk-Status herabgestuft&P Global; Die Aktie rutscht um mehr als ab 25% Untere

Nachdem die UBS die Credit Suisse übernommen hatte, spritzten fast ein Dutzend Finanzinstitute ein $30 Milliarden in die First Republic Bank vor vier Tagen, S&P Global hat die Aktien von First Republic am Sonntag auf Junk-Status herabgestuft. Anleger befürchten, dass die Geldspritze ausbleibt…

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

Exahash, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be

Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain

According to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the issuance of the tokenized version of the country’s currency. Hyperledger Besu, the open-source platform elected for the tests, will allow the

SEC Files Emergency Action Against Bkcoin in $100 Million Crypto Fraud Scheme

Die USA. Wertpapier- und Börsenkommission (SEK) has filed an emergency action against Miami-based investment adviser Bkcoin and one of its principals, Kevin Kang. “The defendants disregarded the structure of the funds, commingled investor assets, and used more than $3.6 Million…

Dubai-Headquartered Crypto Exchange MaskEX Launches Virtual Card for Worldwide Spending and Welcomes Ben Caselin as Vice President to Drive Global Expansion Effort

PRESSEMITTEILUNG. Dubai, United Arab Emirates, Schild, 2023 – MaskEX, a rapidly expanding third-generation crypto exchange, headquartered in Dubai, has announced the launch of its crypto-backed Virtual Card, enabling users to spend their crypto as fiat in more than 176 Länder…