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

ZDA. 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

Arbitrum-Based Vest Exchange Emerges, Aims to Democratize Perpetual Futures

A new decentralized exchange (dex) on Arbitrum, called Vest Exchange, was announced this past weekend, and the team that created the project said the platform aims to focus on democratizing perpetual futures. The team behind Vest further detailed that the new

Debt Deflation Warnings, Shibarium Buzz Sees SHIB Rise, Former FTX US President Talks SBF, in več — pregled tedna

The Price of Tomorrowauthor Jeff Booth has warned of agreat depression on steroidsif the U.S. Federal Reserve keeps hiking interest rates, while buzz about the anticipated layer two (L2) scaling solution known as Shibarium has been the backdrop

Former President of FTX US Shares His Experience and Relationship With CEO Sam Bankman-Fried in Detailed Twitter Thread

The former president of FTX US, Brett Harrison, published a 49-part Twitter thread explaining why he left the firm and his relationship with co-founder Sam Bankman-Fried (SBF) of FTX. Before his role at FTX US, Harrison worked with SBF at Jane

Report Shows Financial Troubles Plagued Bankman-Fried’s Alameda Research as Early as 2018

Before FTX collapsed it was assumed that Alameda Research was one of the top quantitative trading firms and market makers within the industry. Vendar, much of that perception may have been a facade as a recent report details that Alameda suffered

Robert Kiyosaki Urges Investors to Get Into Crypto Now, Before Biggest Economic Crash in World History

Slavni avtor knjižne uspešnice Bogati očka, revni očka, Robert Kiyosaki, has urged investors to get into crypto now, predicting that the biggest economic crash in world history is incoming. “Now is the time you need to get into

Deutsche Bank Expects Sooner, More Severe US Recession as the Fed Takes ‘Aggressive Hiking Path’

Deutsche Bank has updated its recession forecast. The banks economists now seean earlier and somewhat more severe recessionthan previously predicted. “The Fed has undertaken a more aggressive hiking path, financial conditions have tightened sharply and economic data are beginning

Poročilo: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Reševanja, Data Dump Shows $48 Trillion in Stealth Funding

Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) v 2008, reports show in late 2019 in 2020, ZDA. Federal Reserve participated in providing trillions of dollars in secret repo loans to megabanks. Konec marca,…

US Senator on Crypto: We Need Real Solutions to Make the Financial System Work for Everyone, Not Just the Wealthy

ZDA. Senator Elizabeth Warren has argued that cryptocurrency is not a path to financial inclusion like crypto advocates claim. “Bitcoin ownership is even more concentrated within the top 1% than dollars,” je rekla, emphasizing the need forreal solutions to make

Federal Reserve Chairman Powell Says No Intention to Ban or Limit Use of Cryptocurrencies

Federal Reserve Chairman Jerome Powell confirmed during a hearing before the House Financial Services Committee that he has no intention to ban or limit the use of cryptocurrencies. He also commented on the regulation of stablecoins. Powell SaysNo Intention to