Rattled crypto industry could emerge stronger after USDC depeg
Did the depegging reveal stablecoins’ limitations, or was it a learning moment?
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Australian Banking Association’s cost of living inquiry reveals bank pressure
An analysis of the rising inflation and concurrent collapse of Silicon Valley Bank proved that more than 186 banks in the U.S. are at risk of a similar shutdown if…
Bitcoin hits $28k as uncertainty surrounds banks
Bitcoin's price surged to surpass the $28,000 zone, marking a 16% boost in value in the past 7-days
UBS Group doubles offer and acquires Credit Suisse for $2B
Swiss authorities agreed to change the country's regulations to bypass a shareholder vote and announce the deal over the weekend.
Credit Suisse rescue plan may include nationalization, bondholder losses
A bank rescue plan for Credit Suisse may impose losses on its bondholders and even result in a full or partial nationalization of Credit Suisse Group AG.
Peter Schiff blames ‘too much gov’t regulation’ for worsening financial crisis
Finding the right balance between regulations and banking institutions is important for Schiff, considering that Puerto Rico regulators closed down Schiff’s bank due to non-compliance.
Former Coinbase CTO makes $2M bet on Bitcoin’s performance
Balaji Srinivasan has predicted Bitcoin will reach $1 million within 90 days as a consequence of hyperinflation in the United States.
More 186 US banks well-positioned for collapse, SVB analysis reveals
Rising interest rates, which brought down the U.S. banking system’s market value of assets by $2 trillion, combined with a large share of uninsured deposits at some U.S. banks, threatens…
Congress announces March 29 hearing into failures of SVB and Signature Bank
According to the House Financial Services Committee, it expects to hold multiple hearings on "getting to the bottom" of the banks' failures.
DeFi sees its biggest hack in 2023 as Euler loses $197M: Finance Redefined
DeFi suffered its biggest attack this year with a flash loan attack on crypto lending platform Euler Finance and the hackers are belived to be same that exploited a BSC…
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