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FDUSD depegged to $0.87, and Wintermute capitalized on it, making $3 million in profit
According to the South African government, crypto entities — or businesses whose activities include the exchange or transfer of crypto assets — are set to be included in the list of so-called accountable institutions starting Dec. 19. Businesses that convert one crypto asset to another or that conduct transactions where a crypto asset is transferred
The post South African Government to Add Crypto Entities to ‘List of Accountable Institutions’ appeared first on BTC Ethereum Crypto Currency Blog.
Neil Stephenson, a science fiction writer, coined the term “Metaverse” in his 1992 novel Snow Crash. That should ring a bell if you’re just a Sci-Fi fan, and that’s only a little bit of information right there. Here’s a high-level overview. We genuinely think that the cryptocurrency Metaverse will grow into a multibillion-dollar sector. This […]
The Mid-Size Bank Coalition of America has asked federal regulators to extend FDIC insurance to cover all deposits for the next two years. “Doing so will immediately halt the exodus of deposits from smaller banks, stabilize the banking sector and greatly reduce chances of more bank failures,” the group claimed. “It is imperative we restore [...]
The post Midsize US Banks Ask Regulators to Extend FDIC Insurance to All Deposits for 2 Years Before Another Bank Fails appeared first on Crypto Breaking News.
Medium, in collaboration with Speechify, introduces an audio feature allowing members to listen to stories, enhancing content accessibility and offering a new way to consume articles. (Read More)
Economist Nouriel Roubini has shared his opinion about bank problems in the United States in a recently published opinion editorial. In the article, Roubini insists that “most U.S. banks are technically near insolvency, and hundreds are already fully insolvent.” Roubini: ‘Liquidity Support Cannot Prevent This Systemic Doom Loop’ The renowned economist Nouriel Roubini, also known [...]
The post ‘Dr. Doom’ Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks appeared first on Crypto Breaking News.
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