Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry

Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as

Ether’s Security Status Remains Unclear as SEC Chair Gensler Fails to Answer Lawmaker’s Question

Predsednik U.S. Komisija za vrednostne papirje in borzo (SEC), Gary Gensler, would not answer a direct question in a congressional hearing about whether ether is a security. While the SEC chair insisted that the law is clear on crypto, Congressman

Kitajska se je pripravljena pogovarjati z azijskim denarnim skladom o zmanjšanju odvisnosti od dolarja, Malezija pravi

An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime minister believes there is no reason for his country, which is hurting from a strong U.S….

Rogue Validator izkorišča bote MEV na Ethereumu, Posledica 25,3 milijona $ kripto izgub

aprila 3, 2023, at Ethereum block height 16,964,664, a group of MEV (Maximal Extractable Value) bots were exploited for $25.3 milijonov. An analysis of the exploit revealed that a renegade validator switched the MEV botstransactions and seized various crypto

FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave

First Republic Bank’s Shares Downgraded to Junk Status by S&P Global; Stock Slides More Than 25% Lower

After UBS acquired Credit Suisse and close to a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic’s shares to junk status on Sunday. Investors are concerned that the cash infusion from

US Lawmaker Urges Government to Guarantee All Deposits to Avoid Runs on Smaller Banks

A U.S. congressman has urged the federal government to temporarily insure every bank deposit in the country. Following the collapses of several major banks, he stressed that if the government does not do this, there will be a run on smaller

Banka Silicon Valley se sooča s finančnimi težavami zaradi ustavitve delnic, Prodaja $21 Portfelj milijard obveznic na a $1.8 Milijardna izguba

marca 10, 2023, tržni opazovalci razpravljajo o težavah banke Silicon Valley Bank (SVB) obrazi, saj je delnica podjetja zdrsnila več kot 60% v zadnjem 24 ure. SVB je bila prisiljena prodati a $21 billion bond portfolio at a $1.8

V Rusiji bo ustanovljen investicijski sklad, osredotočen na kripto rudarjenje

The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian

G20 Finance Chiefs Widely Recognize Crypto Poses Major Financial Stability Risks, Says Indian Central Bank Governor

The G20 finance ministers and central bank governors recognize that cryptocurrencies pose major risks to financial stability, monetary systems, and cyber security, India’s central bank governor reportedly said. Crypto regulation was among the key topics discussed during the G20 meeting over