Flux Finance Launches Lending Token Collateralized by U.S. Treasury Debt
Flux Finance invests in U.S. government debt-backed yield farming.
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Silvergate’s FTX and Alameda Research Dealings Face Fraud Investigation
In the United States, the prosecutors of the Ministry of Justice, who specialize in investigating cases related to fraud, have begun to study the details of the conclusion of transactions of the crypto bank Silvergate with the FTX crypto exchange and the Alameda Research company.
Сourt Dismisses Class Action Suit Against Coinbase
U.S. District Court Judge Paul Engelmeier dismissed the class action against Coinbase.
Walmart Launches Savings Offer for New US Sellers
Retail giant Walmart has launched a new exclusive savings offer for those US-based merchants who start selling on Walmart Marketplace
NY Bill to Allow Crypto Payments to State Agencies
The state of New York is considering a bill allowing citizens to use cryptocurrency to pay for the services of public institutions.
BNY Mellon and Fiserv Partner on Real-Time FX Rate Quotes
The partnership between Fiserv and BNY Mellon brings US financial institutions one step closer to fast and easy cross-border transactions
US Biggest Banks Teams Up to Take On Apple and PayPal
The largest US banks are joining forces to create a digital wallet.
America’s First Nuclear-Powered Bitcoin Mining Center
Cumulus Data will open America’s first nuclear-powered Bitcoin mining center in Pennsylvania.
Binance SWIFT Banking Partner to Ban USD Transfers Below $100K
Binance’s SWIFT partner, Signature Bank, has set a minimum transaction limit of $100,000.
Survey: Nearly 20% of US Firms Expect to Reduce Headcount
A survey by the National Association of Business Economics testified that conditions in the US labor market are softening, and companies are no longer experiencing a shortage of labor.
Tether’s Settlement Volume Flips Visa and Mastercard
According to Coin Metrics, Tether (USDT) handled $18.2 trillion in transactions in 2022, far surpassing established payment processors Visa and Mastercard, who processed $14.1 trillion and $7.7 trillion, respectively.
US Regulators Fully Control Mechanisms of Securitization of Direct Investments
In the USA, regulators apply the practice of strict control measures to direct investment instruments.
Businesses Adopting Blockchain Despite Crypto Turbulence
A recent survey revealed that nearly 90% of businesses deploy blockchain technology in some capacity and plan to invest in blockchain in 2023
Amazon to Open Buy with Prime to More Retailers
Amazon is increasing the availability of its Buy with Prime button.
U.S. Government Seizes SBF’s $465 Million in Robinhood Shares
Former CEO of FTX, the now-bankrupt cryptocurrency exchange and hedge fund, filed a request to keep his shares of trading platform Robinhood, in order to pay legal fees. The U.S. Department of Justice (DOJ) has now seized the shares, valued at roughly $465 million, as the stake wasn’t part of the FTX bankruptcy estate. Sam […]
US Banks to Report Profit Decline, Prepare for Recession
Major US banks are expected to show a net profit decline in their quarterly earnings reports to be released on Friday, while the industry is getting ready for an economic slowdown
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