County Major Financial News

13.06 / 00:01

UPS Digital Progressive CEO Racing Strategy diving NOT Big banks are talking up generative A.I. — but the risks mean they're not diving in headfirst

AMSTERDAM, Netherlands — Major banks and fintech companies claim to be piling into generative artificial intelligence as the hype surrounding the buzzy technology shows no signs of fizzling out — but there are lingering fears about potential pitfalls and risks.

08.06 / 06:03

business regulation Banks banking Australian Major Australian bank to decline ‘certain’ payments to crypto exchanges

Commonwealth Bank (CBA), the largest bank in Australia, has said it will decline or temporarily hold certain payments to cryptocurrency exchanges, citing the risk of scammers.

06.06 / 18:00

business Blockchain Banks Dollar Indian JPMorgan uses blockchain for 24/7 dollar transfers with Indian banks

Global financial services company JPMorgan continues exploring the benefits of blockchain, deploying the technology to eliminate some restraints of traditional finance.

30.05 / 12:51

regulation FATF AML Bitcoin bitFlyer adopts crypto deposit limits to comply with Travel Rule

Cryptocurrency exchanges in Japan are preparing for the enforcement of the Financial Action Task Force’s Anti-Money Laundering (AML) regulations known as the Travel Rule.

17.05 / 11:55

JPMorgan Argonaut boss Barry Norris hits back at Jamie Dimon’s suggestion to ban short-selling

Argonaut Capital chief executive Barry Norris has hit out at a suggestion from JPMorgan boss Jamie Dimon to ban short-selling amid a spate of mid-tier bank collapses in the US.

08.05 / 18:43

Blockchain Provident Target CEO coinbase expansion Coinbase Targets UAE as Strategic Hub for Cryptoeconomy Expansion; Executives Attend Dubai Fintech Summit

Major US-based crypto exchange Coinbase has praised the United Arab Emirates (UAE), saying the region has the potential to become a “strategic hub” for the company.

30.04 / 03:27

business regulation Liquidity Banks investigation FDIC pins Signature Bank's failure on poor governance and illiquidity

The United States Federal Deposit Insurance Corp’s (FDIC) post-mortem assessment of Signature Bank of New York (SBNY) revealed poor management and inadequate risk management practices as the root cause for its collapse.

27.04 / 23:47

Blockchain COST UPS Reuters Intel Bitcoin Intel to Discontinue Blockscale Bitcoin Mining Chips

Major United States-based technology company Intel has announced plans to discontinue its Blockscale Bitcoin mining chips. According to a Reuters report on April 18, Intel will stop taking orders for the Blockscale 1000 Series ASICs by Oct. 20 and end shipping roughly in April 2024. The move is aimed at cutting overall costs as part of a strategy of prioritizing the manufacturing of certain chips to outside customers.

24.04 / 22:59

BTC Volatility Bitcoin events bitcoin volatility index week Bitcoin Volatility Index Hits 6-Week Lows Despite Looming Macro Risk Events – Watch These Key BTC Price Levels

Derebit’s Bitcoin Volatility Index (DVOL) just fell to 52, its lowest level since the 8th of March.

21.04 / 11:21

Blockchain UPS Ethereum ETH Digital Platform Financial Ethereum Price Prediction as European Financial Firm Launches Euro Stablecoin on Ethereum Blockchain – ETH to $10,000 in 2023?

The Ethereum price has fallen by 1.5% in the past 24 hours, as the cryptocurrency market suffers a similar 2% fall in the same period.

18.04 / 19:53

business Mining Intel GPU Intel will stop manufacturing chips for Bitcoin miners: Report

Major United States-based technology company Intel has reportedly announced plans to discontinue its line of Blockscale Bitcoin mining chips as part of efforts to cut costs.

14.04 / 06:19

Citi BlackRock bank stocks Bank stocks slump ahead of first earnings since Silicon Valley Bank collapse

The US corporate earnings reporting season begins this week with a flurry of major US banks set to report their first quarterly performance since the collapse of Silicon Valley Bank and Signature Bank last month.

06.04 / 15:15

Blockchain Stablecoin Binance Bitfinex Australian Today in Crypto: Sentiment Recovers 90% of Funds from Hacker, Major Chinese State-owned Company Launching Two Crypto Funds, Australian Regulator Cancels Binance's Derivatives License

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

05.04 / 09:15

Adoption Swiss Grant Swiss Government-Owned Bank to Grant 2.5 Million Users Crypto Capabilities via New Partnership – Crypto Adoption on the Rise?

Major Swiss bank PostFinance has partnered with digital asset services provider Sygnum Bank to offer cryptocurrency trading and storage services for its customers.

04.04 / 13:03

business Stablecoin regulation Dollar Brazil bank BTG Pactual to issue USD-pegged stablecoin

Major Brazilian investment bank BTG Pactual continues onboarding new cryptocurrency services with the launch of its own stablecoin backed by the U.S. dollar.

01.04 / 02:39

Blockchain Twitter Sport partnership Terra Terra’s branding at MLB opener draws attention from spectators

As baseball enthusiasts flocked to the Washington National Park for the Major League Baseball (MLB) opening day, Terra (LUNA) – the crypto ecosystem that collapsed in May 2022 – noticeable presence around the stadium didn’t go unnoticed.

27.03 / 18:11

Binance CFTC litecoin Tether Platform Strategy Bitcoin Breaking: Binance Sued By CFTC Over Offering Unregistered Crypto Derivate Trading Products in US

Major US financial market regulatory agency the Commodity Futures Trading Commission (CFTC) is suing Binance and its founder Changpeng Zhao.

23.03 / 13:51

SEC Kraken Silvergate Crypto Exchange Silvergate Bank Suspends Withdrawals Kraken Suspends Automated Clearinghouse Deposits and Withdrawals Due to Silvergate’s Closure – What Does This Mean for Users?

Kraken will suspend automated clearinghouse (ACH) deposits and withdrawals beginning March 27 due to the recent closure of its banking partner Silvergate Bank.

21.03 / 20:57

Government regulation CryptoUK calls on regulators to address de-banking of digital asset firms

The self-regulatory trade association CryptoUK has proposed providing a ‘white list’ of registered firms in the United Kingdom to address banks limiting or banning transactions to crypto companies.

20.03 / 10:45

Dogecoin Ethereum ETH BTC Digital Ripple Bitcoin Bitcoin Price and Ethereum Prediction: BTC and ETH Experience Over 20% Surge in Seven Days: Can the Rally Continue?

Bitcoin, the world's largest cryptocurrency, continues its upward rally and attracted more bids around the $28k mark as the total cryptocurrency market capitalization exceeded $1.17 trillion, indicating positive momentum in the crypto market and contributing to BTC gains.

17.03 / 07:59

Ethereum Stablecoin Adoption Trading Banks Marketplace Usd Coin SVB collapse chilled NFT trading volumes: DappRadar

Nonfungible token (NFT) trading volumes took a massive beating following the collapse of Silicon Valley Bank (SVB) last week as traders fled the markets fearing the repercussions of a major United States bank going under.

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