US Banking Industry in Turmoil: A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023

2023 has been a rollercoaster ride for the U.S. Bankenindustrie. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled in 2008. The following is a

Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet

Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. Dollar. Srinivasan paid a total of $1.5 Million, more than the initially

Treasury Secretary Yellen Warns US Could Default on Its Debt by June 1

UNS. Treasury Secretary Janet Yellen has warned that the Treasury will not be able to pay all of the government’s debt “as early as June 1, if Congress does not raise or suspend the debt limit before that time.” Yellen also

Ethereum Network Fees Surge 153% in 30 Tage, While Arbitrum Daily Transactions Outpace ETH Following Shapella Upgrade

Ethereum network fees have experienced a significant upswing following the implementation of the Shapella upgrade on April 12th. In the last 30 Tage, onchain fees have soared by over 153%, from a prior rate of $4.65 per transfer to a current

Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market Cap

Pepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% gegen die USA. Dollar. Recent statistics indicate that PEPEs market capitalization has surged from $141

Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm

Schild, the Statistics Bureau of Japan unveiled the latest core consumer price index (VPI) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had predicted a more modest 2.9% for the

Binance Reportedly Removes Restrictions on Russian Users

Die Welt’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once again use their bank cards to make deposits and the trading platform has canceled a limit on

Der schwer fassbare Satoshi Nakamoto: Letzte E-Mails enthüllen die Gedanken des Bitcoin-Erstellers, bevor sie vor über einem Jahrzehnt verschwanden

Vor zwölf Jahren, an diesem Tag im April 23, 2011, ein kryptisches Individuum, nur als Satoshi Nakamoto bekannt, verfasste einen der letzten Briefwechsel mit dem Softwareentwickler Mike Hearn. Der schwer fassbare Mastermind hinter Bitcoin übermittelte in der Botschaft, dass er,…

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

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…