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. l'industrie banquaire. 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

L'ancien directeur de Coinbase, Balaji Srinivasan, ferme ses portes $1 Pari d'un million de Bitcoins

Ancien directeur de la technologie chez Coinbase, Balaji Srinivasan, a conclu plus tôt un pari que le prix du Bitcoin atteindrait $1 millions d’ici la mi-juin dans un contexte d’hyperinflation aux États-Unis. dollar. Srinivasan a payé un total de $1.5 million, plus que initialement…

La police du Kosovo saisit des plates-formes minières cryptographiques aux Serbes

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

Michael Burry compare la tourmente bancaire actuelle à la panique 1907 — Faits saillants du creux des marchés

Michel Bury, a hedge fund manager renowned for predicting the 2008 financial crisis, has drawn parallels between the current banking turmoil and the Panic of 1907. He noted that three weeks after J.P. Morgan made a stand, the panic was resolved

La banque de la Silicon Valley fait face à des difficultés financières alors que les stocks sont arrêtés, Vend $21 Portefeuille d'un milliard d'obligations à un $1.8 Milliard de perte

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

Ontario Teachers’ Pension Fund Writes Down Entire Investment in Bankrupt Crypto Exchange FTX Citing ‘Potential Fraud’

Ontario TeachersPension Plan (OTPP), one of the largest pension plans in the world, is writing down its investment in the bankrupt crypto exchange FTX. “Recent reports suggest potential fraud conducted at FTX which is deeply concerning for all parties,” les…

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

Il y a quatre jours, 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

Signaler: Les prêts secrets de la Fed aux mégabanques en 2020 éclipsé 2008 Renflouements, Spectacles de vidage de données $48 Des milliards de dollars de financement furtif

Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) dans 2008, reports show in late 2019 et 2020, les Etats Unis. Federal Reserve participated in providing trillions of dollars in secret repo loans to megabanks. At the end of March,…

Les similitudes étranges entre le grand changement monétaire d'aujourd'hui et la création provoquée par la panique du système de réserve fédérale

While many Americans believe the U.S. Federal Reserve is the caretaker of the countrys monetary system, its also believed to be one of the worst financial institutions ever created. Dans 2022, amid a gloomy economy, war, and a number of global

Les responsables russes soutiennent l'idée de reconnaître les mineurs de crypto en tant qu'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