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. banking industry. 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. dólar. Srinivasan paid a total of $1.5 millón, more than the initially

Police in Kosovo Seize Crypto Mining Rigs From Serbs

Kosovo police have seized dozens of crypto mining devices from residents of a majority Serb region in the north of the country. Authorities in Pristina and Belgrade exchanged accusations over the move, which has the potential to raise tensions in the

Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss

En marzo 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 horas. SVB was forced to sell a $21 billion bond portfolio at a $1.8

El Fondo de Pensiones de Maestros de Ontario cancela toda la inversión en el criptoexchange FTX en quiebra citando un "fraude potencial"

Profesores de Ontario’ Plan de pension (OTPP), uno de los planes de pensiones más grandes del mundo, está amortizando su inversión en el criptoexchange FTX en quiebra. “Informes recientes sugieren un posible fraude realizado en FTX, lo cual es profundamente preocupante para todas las partes.,” la…

Crypto Firm Freeway Updates Community, Says Trading Strategy ‘Failed’ and ‘Caused a Substantial Loss’

Four days ago, the crypto rewards platform Freeway.io, formally called Aubit, halted withdrawals on October 23 after citing it was protecting the firm’s portfolio from “market fluctuations and volatility.” Two days later, the team updated the community and explained on Tuesday

Reporte: Préstamos de recompra secretos de la Fed a megabancos en 2020 eclipsado 2008 rescates, Espectáculos de volcado de datos $48 Billones en financiación sigilosa

Tras los controvertidos rescates bancarios y el Programa de Alivio de Activos en Problemas (LONA) en 2008, los informes muestran tarde 2019 y 2020, los Estados Unidos. La Reserva Federal participó en la provisión de billones de dólares en préstamos de recompra secretos a megabancos. A finales de marzo,…

Las inquietantes similitudes del gran cambio monetario de hoy y la creación del sistema de la Reserva Federal impulsada por el pánico

Si bien muchos estadounidenses creen que los EE.. La Reserva Federal es el guardián del país.’sistema monetario, también se cree que es una de las peores instituciones financieras jamás creadas. En 2022, en medio de una economía sombría, guerra, and a number of global

Russian Officials Back Idea of Recognizing Crypto Miners as Entrepreneurs

Cryptocurrency mining should be recognized as an entrepreneurial activity under Russian law and taxed accordingly, representatives of key ministries in Moscow and the parliament have indicated. Officials believe the regulatory move would benefit both the state and the crypto industry. Russian