Breaking the Barriers of Traditional Banking With Digital Assets

Another one bites the dust! The banking industry in the United States is in trouble, and regional banks are feeling the squeeze. A number of banks have failed recently due to mismanagement, poor risk management, and other factors which are leading

US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’

The banking industry in the United States is still struggling after the collapse of three major banks. Según las estadísticas, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, cual es…

Innovations Help to Substantially Reduce the Gap Between Decentralized and Centralized Exchanges — Dexalot COO

While centralized exchanges are thought to be safer and more efficient, proponents of decentralized platforms like Tim Shan insist that user experience on decentralized exchanges has improved. Además, inherent benefits associated with decentralized exchanges such as the self-custody of assets

Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power

According to Lynette Zang, chief market analyst at ITM Trading, A NOSOTROS. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. En una entrevista reciente, Zang discussed how the purchasing power of the U.S. dollar has

Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis

According to a shareholdersletter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Comisión Nacional del Mercado de Valores (SEGUNDO) charging a subsidiary firm of DCG,…

Nexo Bitcoin Withdrawals Surge Following Raid of Bulgarian Offices

After the offices of crypto lender Nexo were raided in Bulgaria, the digital currency lending platform experienced a significant amount of withdrawals starting Jan. 12, 2023. An archived snapshot of Nexos real-time attestation shows that the company held 133,263 bitcoin on

Reporte: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis

Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citingpeople familiar with the matterstates that federal prosecutors from New York are scrutinizing transfers between Digital Currency Group and

El fiscal general de Nueva York demanda al cofundador de Celsius, Alex Mashinsky, por criptofraude

es enero. 5, 2023, the state of New York and attorney general Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius. The lawsuit claims that Mashinsky and Celsius defraudedhundreds of thousands of investors, incluido…

Gemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert

Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating that it had been 47 days since withdrawals from Genesis had been halted. In the letter,…

Defi More Scalable Than Traditional Finance, New Study Says

Despite the market conditions that prevailed in much of 2022, finanzas descentralizadas (definitivamente) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak