NOT Financial News

26.05 / 15:21

NOT Derby’s Take: Former Fed Staffer Not Shrugging Off Central Bank’s Bond Losses

The prospect of losses on the Federal Reserve’s holdings of securities is a real issue for U.S. taxpayers, a former top central bank staffer wrote in a research note Wednesday.

26.05 / 07:47

CLIMATE CRISIS peace NOT Live: Ukraine will not cede territories to Russia to reach peace, Zelenskyy says

Ukrainian President Volodymyr Zelenskyy strongly rebuffed those in the West who have suggested Ukraine cede control of areas occupied by Russian forces for the sake of reaching a peace agreement.

26.05 / 05:51

Adoption Survey NOT Developing countries love the Metaverse, rich nations not keen: WEF survey

Excitement for the Metaverse and virtual or augmented reality (VR/AR) is much greater in developing countries than in high-income countries according to a survey conducted for the World Economic Forum (WEF).

25.05 / 19:01

Blockchain Twitter Tether Luna NOT Terra backers vote to revive luna — but not UST — after $60 billion crypto collapse

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25.05 / 08:09

Art NFT Virtual Property rights NOT 'Code is not law': Seth Green thief stole Bored Apes, not the rights say experts

Austin Powers supporting actor Seth Green has sparked a debate over who owns the commercial rights to use a Bored Ape Yacht Club NFT, after his Apes were stolen and sold to another party

24.05 / 19:51

Ethereum ETF Cardano Bitcoin Drop Low NOT Crypto funds under management drop to a low not seen since July 2021

Digital asset investment products saw $141 million in outflows during the week ending on May 20, a move which reduced the total assets under management (AUM) by institutional funds down to $38 billion, the lowest level since July 2021.

24.05 / 13:05

Stablecoin Citigroup Bitcoin NOT IMF Chief Speaks of Crypto ‘Pyramid’ Concerns – But Also ‘Begs’ Not to Abandon Crypto Progress

The head of the International Monetary Fund (IMF) has waded into the terra (LUNA) and UST fallout – seemingly labeling the project a “pyramid,” while also urging regulators to consider the “importance” of the world of crypto and central bank digital currencies (CBDCs).

21.05 / 12:45

Lowe's Tether NOT Why USD Coin [USDC] may not yet be ready to overtake Tether [USDT]

Tether [USDT] must surely feel USD Coin [USDC] breathing down its neck in terms of market cap ranking as investors look at the wreckage of TerraUSD [UST] and re-assess their stablecoin preferences. To that end, two metric-based milestones go a long way in telling us about the demand for USDC – and its potential future.

20.05 / 14:47

RBI Reserve Bank of India foreign NOT Not all VDAs are foreign as crypto industry bats for conducive environment in India

Reserve Bank of India (RBI) raised a concern over cryptocurrencies or virtual digital assets (VDAs), which might lead to the 'dollarization' of the economy, as feared by the central bank. The apex lender fears that crypto assets, issued by foreign players, could be against the country's sovereign interest. Officials said cryptos have the potential to become a medium of exchange and replace the rupee in all financial transactions.

20.05 / 09:27

JPMorgan NOT Davos will not be the same with no-shows and no snow

There will be something very different about the World Economic Forum’s schmooze-fest in Davos this year. Not only is it being held in May rather than the traditional January because of the pandemic, it will also be without Jamie Dimon. The JPMorgan chief executive will not be hosting the bank’s usual star-studded party and will not be making late night appearances in the Swiss resort’s famous piano bar.

20.05 / 04:33

Provident Williams CEO Tesla NOT Chinese electric car start-up Nio says supply chain disruption, not demand, is their biggest problem

BEIJING — Nio's biggest challenge right now is making sure that supply chains are stable, CEO William Li told CNBC.

19.05 / 19:07

Government Blockchain Bitcoin Indian NOT Indian government's ‘blockchain not crypto’ stance highlights lack of understanding

Indian crypto businesses are struggling with the new tax policies as trading volumes have dried up and many established crypto firms are looking to relocate to more crypto-friendly jurisdictions.

19.05 / 17:13

Blockchain Stablecoin Huobi Terra Bitcoin NOT Terra crash not a risk to the broader crypto ecosystem, says Huobi Global co-founder

As the fall of Terra (LUNA) and TerraUSD (UST) may have a noticeable short-term impact on the decision-making of both retail and institutional investors, it doesn’t pose a risk to the larger crypto ecosystem, according to Jun Du, co-founder of Huobi Global.

18.05 / 15:23

business Blockchain Adoption NOT dutch Dutch regulator says crypto not yet suitable as means of payment or investment

A Dutch regulator stated that the crypto derivatives market should be restricted to wholesale trade. The reasons are not unfamiliar — lack of transparency, market manipulation and “other forms of criminal activity.”

18.05 / 11:17

Adoption Latin America Bitcoin NOT El Salvador-hosted ‘44-nation Bitcoin Conference’ Not Quite a Nothing Burger

Central bankers attending a large-scale conference have moved to distance themselves from claims they are in El Salvador to talk about bitcoin (BTC) adoption – while local media outlets have suggested that BTC may be further down the agenda for the 44 nations attending than previously claimed. But evidence does suggest that the bankers and government ministers attending have already taken more than a passing interest in El Salvador’s adoption initiatives.

17.05 / 21:47

UPS Target NOT Powell says the Fed will not hesitate to keep raising rates until inflation comes down

Federal Reserve Chairman Jerome Powell emphasized his resolve to get inflation down, saying Tuesday he will back interest rate increases until prices start falling back toward a healthy level.

17.05 / 20:25

JPMorgan NOT Davos will not be the same with no-shows and no snow

16.05 / 17:05

Lowe's Bitcoin NOT Mark Mobius sees bitcoin plunging to $10k: ‘Buy the dip will not work’

Veteran emerging markets investor Mark Mobius has warned investors not to “buy the dip” following the latest crash in bitcoin’s price, predicting a meltdown in the crypto market could drive its price to as low as $10,000 in the coming months.

16.05 / 09:37

JPMorgan NOT Davos will not be the same with no-shows and no snow

16.05 / 08:09

Blockchain Stablecoin Terra Usd Terra NOT Vitalik: Terra should protect the smallholders, not the whales

Ethereum co-founder Vitalik Buterin thinks that the beleaguered Terra (LUNA) project should prioritize small hodlers as part of any proposed reimbursement plan.

15.05 / 09:31

cryptocurrency CryptoExplainer NOT Digital Assets Not Akin To Gambling Or Lottery: Crypto Firm Director

Virtual assets are not akin to gambling or lottery: Crypto Firm Director

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