Search Results for: small bank runs

Digital Assets for 1 Billion Rubles Issued in Russia in a Month

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Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional…

Bitcoin Cash Smart Contracts ‘Comparable to Those on Ethereum’ Possible via May Upgrade, ‘1000x Efficiency Advantage’: Dev Jason Dreyzehner

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Pro-freedom technologies advocate and software developer Jason Dreyzehner recently spoke with Bitcoin.com News via email about the upcoming Bitcoin Cash network upgrade on May 15. One of the most talked about improvement proposals set to go through on that date —…

Sotheby’s versteigert die NFT-Sammlung von 3AC, Darunter „Zombie Punk“ von Larva Labs und „Golden Goose“ von Dmitri Cherniak

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Am Mittwoch, Sotheby’s, one of the world’s largest brokers of fine and decorative art, announced its plans to auction a number of non-fungible token (NFT) assets that were previously owned by the now-defunct crypto hedge fund Three Arrows Capital (3AC). Der…

Latam Insights – Inflation Skyrockets in Argentina, El Salvador Processes Digital Assets Licenses, Venezuelan Crypto Corruption Probe Continues

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Willkommen bei Latam Insights, ein Kompendium der wichtigsten Krypto- und Wirtschaftsentwicklungsnachrichten aus Lateinamerika der letzten Woche. In dieser Angelegenheit: Inflation in Argentina goes over 100%, El Salvador issues its first digital assets licenses, und die…

Peter Schiff Says Banking Crisis Not Over, Much Worse Financial Crisis Incoming — Warns of ‘Massive’ Recession

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Economist Peter Schiff has cautioned that the present banking crisis is the cusp of a much worse financial crisis. “It’s going to get much much worse if you are going to try to dismiss it,” betonte er. Citing the Federal Reserve’s…

Dollar to Play Lesser Role Due to Its Weaponization, Digitale Währungen, Economist Jeffrey Sachs Says

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Within the next decade, die USA. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The renowned economist listed a few factors for the diminishing status of the greenback such as its use as…

Microstrategy’s Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 Millionen von NFT-Sammlungen, die beschuldigt werden, Kunst ohne Erlaubnis zu verwenden, drohen mit rechtlichen Schritten

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Nine days after publicly listed company Microstrategy purchased 6,455 Bitcoins, die Firma’s CEO, Michael Sailer, announced the purchase of an additional 1,045 Bitcoins. The business intelligence (BI) company now holds a total of 140,000 Bitcoins, Wert $3.97 Milliarde. Microstrategy Buys Another…

Billionaire Bill Ackman on US Banking Crisis: ‘I Fear We Are Heading for a Train Wreck’

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Billionaire Bill Ackman has warned that the U.S. economy is “heading for a train wreck” if the government allows the current banking crisis to continue. “Trust and confidence are earned over many years, but can be wiped out in a few…

Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion

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UNS. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if they “suffer deposit runs that pose the risk of contagion.” The government recently protected all deposits of Silicon Valley Bank and Signature Bank after…