Category: News
Credit Suisse Secures $54 Billion Lifeline As Authorities Take Action To Avert Bank Crisis
On Thursday, Credit Suisse announced it would take out a $54 billion loan from the Swiss National Bank (SNB) to bolster liquidity and build investor…
OpenSea Patches Vulnerability That Could Expose Users’ Data
OpenSea, an Ethereum-based marketplace for nonfungible tokens (NFTs), has reportedly fixed a security flaw that could expose user data to hackers. Cybersecurity company Imperva was…
Binance To Launch Prepaid Crypto Card In Colombia
Binance, the foremost provider of blockchain and cryptocurrency infrastructure globally, has released its Binance Card product in Colombia. As one of Binance’s primary markets, with…
Judge Considers Removing Naomi Osaka And Shaq From FTX Lawsuit
A legal case against FTX, the defunct cryptocurrency exchange, is currently being reviewed by a judge to determine whether to dismiss the involvement of two…
Investors Seek Safe Haven In Silver Amidst Market Volatility
In recent months, investors have increasingly turned to silver as a haven against the volatility of other financial markets. Silver has become an attractive option…
KuCoin’s Sale Of Unregistered Securities Draws Regulatory Scrutiny In New York
KuCoin, a popular cryptocurrency exchange, faces regulatory heat after New York State Attorney General Letitia James filed a lawsuit against the firm for selling unregistered…
Argentina Loan Review Gets IMF Staff Approval, Eased Targets Possible
The long-awaited agreement between Argentina and the IMF over the country’s $44B loan program has finally been reached. The staff-level agreement was announced Monday, with…
US Lawmakers To Prevent Crypto Exodus With Latest Bill
Pro-crypto policymakers are reviving a bipartisan effort to prevent an exodus of innovation from the United States due to various regulators’ ongoing crackdown on the…
Investors Spooked By SVB Collapse, Euro Bond Yields Drop
The news of Silicon Valley Bank’s (SVB) collapse caused a shock wave to the bond markets of the Euro area this week. Investors scrambled to…
Here’s How USDC Dollar Depeg Could Impact Many Crypto Exchanges
Circle’s USD Coin (USDC) stablecoin is reportedly steadily de-pegging from the US dollar by falling to a low of $0.89 from its $1 peg. The…
