Jelena Macwilliams News

08.06 / 01:23

UPS Pool Diversity information reports Courts Synapse bankruptcy trustee says $85 million of customer savings is missing in fintech meltdown

There is an $85 million shortfall between what partner banks of fintech middleman Synapse are holding and what depositors are owed, according to the court-appointed trustee in the Synapse bankruptcy.

12.07 / 13:50

UPS Progressive Aware Analysis information Courts Customers Banks in Synapse mess make progress toward releasing deposits of stranded fintech customers

There may be relief for the thousands of Americans whose savings have been locked in frozen fintech accounts for the past two months.

15.11 / 23:47

Government Insurance Backed Agency FDIC acting chair says no crypto firms or tokens are backed by agency

Federal Deposit Insurance Corporation acting chair Martin Gruenberg said the agency does not back any crypto firms in the United States, nor does its insurance cover losses from tokens.

15.11 / 01:15

Government Insurance President Biden announces pick for FDIC chair

United States President Joe Biden announced he would be nominating Federal Deposit Insurance Corporation, or FDIC, acting chair Martin Gruenberg to assume the position as part of a five-year term.

27.10 / 09:03

Ethereum BTC/USD ETH/USD Bitcoin 500 Bitcoin Price and Ethereum Prediction – Break Above This Level Could Propel Uptrend to $22,500

During the Asian session, the Bitcoin price's bullish streak continues, and BTC has soared over 2% to $20,735. In contrast, Ethereum is on a tear, rising more than 5% in the last 24 hours to trade at $1,560.

07.02 / 19:35

Law Banks US Federal deposit insurer lists “crypto-asset risks” among its top priorities for the year

Martin J. Gruenberg, the acting chairman of the Federal Deposit Insurance Corporation, or FDIC, named “crypto-assets” among the agency’s key priorities in 2022, alongside addressing financial risks associated with climate change and promoting amendments to major federal statutes relevant to FDIC’s jurisdiction.

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