NOT Financial News

24.03 / 18:39

COST UPS Target Booking JPMorgan SVB analysts NOT Deutsche Bank is not the next Credit Suisse, analysts say as panic spreads

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24.03 / 18:01

Digital Citizens regulation Platform Bitcoin lawmakers crypto legislation NOT Russian Lawmakers ‘to Roll Out Crypto Legislation in April’ – But Not Everyone’s Happy About It

Russian lawmakers say that long-awaited crypto legislation will be ready for debate in parliament next month – although critics have raised concerns.

23.03 / 00:13

markets Federal Reserve inflation Bitcoin Bitcoin Price rate hikes NOT Bitcoin price whipsaws as Fed says rate hikes may not be ‘appropriate’

Bitcoin (BTC) saw heavy volatility on March 22 as the United States Federal Reserve hinted that it might stop interest rate hikes.

22.03 / 01:59

Future NOT Optimism’s [OP] future might not be all rainbows and unicorns; here’s why

Layer 2 solutions have seen a lot of growth in their respective areas, but the competition within this sector has increased tremendously. With Arbitrum [ARB] set to launch its native token, there is a possibility that all the attention will be diverted from other L2 solutions, such as Optimism [OP].

21.03 / 18:59

Blockchain Lowe's Gap coinbase NOT Coinbase may not integrate ChatGPT into security review process due to…

American crypto exchange Coinbase recently tested ChatGPT, the artificial intelligence chatbot that has grown popular due to its AI powered solutions. Coinbase was testing the AI chatbot to determine the accuracy of its token security review. The firm did this by comparing its results with that of a blockchain security engineer.

21.03 / 18:05

UPS Digital CEO Action SVB NOT Crypto should not be blamed for banking crisis: Charles Hoskinson

Charles Hoskinson refuted the idea that cryptocurrency caused the banking crisis, calling digital assets the “escape valve.”

21.03 / 11:39

regulation SEC coinbase Staking NOT Coinbase submits petition to explain to SEC that staking is not securities

United States-based crypto exchange Coinbase decided to communicate proactively on the topic of crypto staking, which had recently gained regulators’ attention. In its petition to the Securities and Exchange Commission (SEC), the company explains why staking can’t be universally labeled as securities.

20.03 / 18:59

COST UPS Provident Digital NOT Flagstar Bank buys Signature Bank, crypto business not included

New York Community Bancorp-owned Flagstar Bank has offered to buy Signature Bank, the crypto-friendly financial institution that was seized by the U.S. Federal Deposit Insurance Corp (FDIC) last week.

20.03 / 08:01

business regulation us government Banks Federal Reserve Press Release NOT FDIC sells Signature Bank deposits to Flagstar, crypto not included

Only a week after its collapse, Signature Bank’s deposits and loans are set to be sold to Flagstar Bank, a subsidiary of New York Community Bancorp — crypto-related deposits however, will not be part of the deal.

18.03 / 01:53

business Adoption defi Polygon Tokens Assets Digital Asset NOT Real-world assets tokenization lacks infrastructure, not just regulation

The merger between decentralized finance (DeFi) and traditional assets, has been held back by lack of infrastructure and regulatory standards worldwide, sources recently told Cointelegraph.

15.03 / 19:57

COST Provident Target BlackRock Immunic NOT Larry Fink: BlackRock is not the 'environmental police'

Asset managers like BlackRock are not «the environmental police,» Larry Fink said in his annual chairman's letter to investors, which was published on Wednesday.

15.03 / 15:39

COST UPS Corning Drop NOT Retail egg prices fell in February — but the price drop may not last long

Retail egg prices retreated in February, according to federal data issued Tuesday, delivering relief to consumers who saw prices spike at the grocery store in recent months.

15.03 / 04:01

Ethereum Proof-of-stake Hard Fork Staking Testnet NOT Breaking: Shanghai upgrade executed on testnet but not without issues

The Shapella hard fork has been executed on the Goerli testnet — the last test run before Ethereum validators will be able to withdraw their Ether (ETH) from the Beacon Chain.

14.03 / 23:53

business Banks NOT Signature Bank regulator says it was closed for not providing data: Report

The New York Department of Financial Services (NYDFS) shut down Signature Bank for “failing to provide consistent and reliable data” and not because of a bias against crypto, according to a March 14 report from the International Business Times. Signature Bank Board Member Barney Frank had previously accused the regulatory agency of shutting it down merely to “send a very strong anti-crypto message.”

14.03 / 19:35

Blockchain COST Ethereum CEO Platform coinbase NOT Base not a ‘monetization scheme,’ claims Coinbase CEO Armstrong

Coinbase CEO Brian Armstrong recently appeared in a podcast hosted by Bankless . In the podcast, Armstrong talked about Base, the Layer 2 blockchain that was recently unveiled by his company. The Coinbase exec also shared his insights on the future of the company and products that the crypto-exchange has in store for the future.

14.03 / 12:23

NOT Financial Credit Suisse finds 'material weaknesses' in financial reporting, says outflows 'not yet reversed'

Credit Suisse on Tuesday said its net asset outflows had declined but «not yet reversed» and announced that «material weaknesses» were identified in its financial reporting processes for 2022 and 2021.

14.03 / 06:19

CBDC regulation Peoples Bank of China Yuan NOT CBDCs should protect privacy, not be a surveillance tool: Former CFTC chair

The United States should lead the development of Central Bank Digital Currencies (CBDCs) away from being “surveillance coins” and towards being "freedom coins,” says the former chair of the Commodity Futures Trading Commission (CFTC).

14.03 / 02:35

Stablecoin defi Banks Central Bank banking Silicon Valley NOT USDC depegged, but it's not going to default

Over the past week, investors understandably became concerned over the news that billions of dollars backing USD Coin (USDC) — the second-largest stablecoin — were locked up in the distressed Silicon Valley Bank (SVB). The market reacted violently, causing USDC to lose its dollar peg. But while the concern was understandable, it has become clear that USDC creator Circle will regain full access to its funds. The crypto community can breathe easily.

14.03 / 01:11

business Stablecoin Circle Banks TradFi NOT Recent contagion was 'TradFi to crypto' and not vice versa — Circle policy director

Caroline Hill, the director of global policy and regulatory strategy for stablecoin issuer Circle, has placed some of the blame from the recent collapse of banks tied to crypto on traditional financial institutions rather than digital assets.

13.03 / 11:45

COST UPS CEO Action Fallout SVB NOT Bill Ackman says U.S. did the 'right thing' in protecting SVB depositors. Not everyone agrees

Billionaire investor Bill Ackman said the U.S. government's action to protect depositors after the implosion of Silicon Valley Bank is «not a bailout» and helps restore confidence in the banking system.

13.03 / 04:31

UPS Aware SVB NOT Wall Street — not taxpayers — will pay for the SVB and Signature deposit relief plans

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