News published by the International Monetary Fund. The unintended impact of a CBDC may be felt particularly acute in the Islamic banking system.The Islamic financial system accounts for less than 2% of global finance, but it is present in 34 countries…
Authored by Steve Watson via Summit News,Fresh data from Customs and Border Protection has revealed that sixteen people matched to the FBI’s terrorist watchlist were apprehended by Border Patrol agents in February alone.As reported by Fox News, the total number of individuals…
Miami Beach has declared a state of emergency and implemented a curfew for Sunday night until Monday morning due to the violent shootings and chaos on the streets as spring break kicks off. NBC 6 South Florida reported a deadly shooting on…
Kohelet, the once-obscure think tank that conceived and now champions a revamped court system, is an American import.As part of a recent “national day of resistance,” a group of army reservists wearing masks converged at the Jerusalem office of a think…
Camelot’s growth comes amid massive interest in Arbitrum’s ARB airdrop coming on Thursday. Camelot is a DEX built on Arbitrum, and users in the Camelot ecosystem are expecting ARB, once airdropped, to be listed on the DEX, which would mean ARB…
by Calculated Risk on 3/20/2023 05:10:00 PM From the MBA: Share of Mortgage Loans in Forbearance Decreases to 0.60% in February The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased…
"The successful conclusion of this sale represents a watershed moment for the decentralized fundraising space and, we hope, a model for responsible fundraising for projects in the future,” said Coder Dan, co-founder and CEO of Pixelcraft Studios, in a press release.…
However, as of May 2022, after "it became clear that the [two west Texas] facilities would not receive the anticipated power load," Core Scientific stopped making various payments to Priority Power Management, Bros said. Neither firm immediately replied to CoinDesk's request…
Authored by Tsvetana Paraskova via OilPrice.com,Russia overtook China to become the top supplier of oil to China in January and February, with imports of Russian crude hitting to 1.94 million bpd.Chinese imports of Russian oil jumped by 23.8% year-over-year as the…
News report from The Wall Street Journal, Coinbase users won’t be able to use Signet to send funds outside of banking hours until further notice. The crypto exchange was reportedly looking for another payment network provider and waiting on the outcome…
2023 has not been a glowing one for JPMorgan.In mid-January, we discovered that the giant US bank was tricked into paying $175 million for some millennial's fake rolodex to enhance its college financial aid platform.Javice allegedly fabricated an enormous list of…
Newsletter filed a voluntary petition for a court-supervised reorganization under Chapter 11 in the United States Bankruptcy Court. The company is no longer affiliated with Silicon Valley Bank, which operates under the jurisdiction of the Federal Deposit Insurance Corporation (FDIC) and…
In a new paper prepared for the Handbook of Financial Integration, edited by Guglielmo Maria Caporale, Hiro Ito and I examine bond based measures of financial market integration (so, no quantity stock/flow measures, nor banking integration). In short, covered interest differentials…
Though the case the high court will hear Tuesday involves crypto, it is not itself a crypto case. Instead, this case is a fairly esoteric, procedural argument over whether a lawsuit can proceed in federal court while one party – in…
Opinion Signature Bank and Silicon Valley Bank have left many people in disbelief, with skeptics questioning the stability of the traditional financial system. Cryptocurrency, sadly, did not do much to capitalize on that skepticism, considering Bitcoin (BTC) tanked at the first sign…
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Market Analysis BTC) surpassed $28,000 on March 21, but according to two derivatives metrics, traders aren’t very ecstatic after a 36% gain in eight days. Looking beyond Bitcoin’s stellar performance, there are reasons investors are not fully confident in further price…
On this special episode of Live from The Compound, Jesse Eisinger (senior editor and reporter at ProPublica) joins Michael Batnick and Josh Brown to discuss UBS acquiring Credit Suisse, ProPublica’s new insider trading expose, and much more! Follow Jesse on: Twitter…
News require accuracy and clear language, with no statements on future returns of value. Second, there will be a mandatory warning on all advertising:“Virtual currencies, real risks. The only guarantee in crypto is risk.”In addition, a “broader warning should sum up…
My background is in economics, which was my first love, and with Ethereum [that] was sort of realizing how we can use it for payments and rethinking our financial systems. Art was more like a side hobby and a surprising consequence…
by Calculated Risk on 3/20/2023 02:55:00 PM This is for asking prices of a "common" home. Haus released their weekly Common Haus Price Index (CHPI) today showing a 0.2% decrease in asking house prices year-over-year.From Common Haus Price Index (CHPI) at…
Crypto Stories: The late John McAfee tells the story of how he first found out about BitcoinAfter taking a few years off from investing, Melker found crypto around the end of 2016 and the start of 2017. “It was just very…
These are from Khalil Manaf Hagerty: I’m half Indonesian by ethnicity (one-quarter Bugis, one-quarter Minangkabau, half bule, what we refer to as ‘blasteran’ or mixed race) and have worked on and off there for the past 15 years. Here are some…
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Overall, the data may reflect a need for liquidity among investors, according to CoinShares. Meanwhile, the largest cryptocurrency by market value’s price has surged from a low of about $19,400 in early March to its current level near $28,000. Over the…
News zero-knowledge Ethereum Virtual Machine (zkEVM).The partnership sees the two Ethereum layer-2 firms create an “Immutable zkEVM” — a Polygon (MATIC)-powered zkEVM fully supported on Immutable’s Web3 game development platform. Scheduled for a March 27 mainnet beta launch, Polygon’s zkEVM enables…
Price Analysis takeover of the ailing Credit Suisse bank by UBS boosted European equity markets on March 20, but not everyone is happy with the deal. According to the Swiss Financial Market Supervisory Authority, the value of additional tier-one (AT1) bonds will…
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives…
"By combining the number one Web3 gaming platform – currently serving hundreds of game studios and millions of players – with Polygon’s best-in-class zkEVM technology, we are building an Ethereum-centric gaming ecosystem that is poised to take Web3 mainstream and bring…
By Lambert Strether of Corrente. Bird Song of the Day Wood Thrush, Parc du Sanctuaire, Drummond, Quebec, Canada. “Grive des bois, chant: “a-a-iola tzzziiii, a-a-ioli tzzziiii, a-a-iola tzzziiii.” * * * Politics “So many of the social reactions that strike us…
Quote of the Day "The system can be saved AND those responsible for crashing it be made to suffer the consequences of their follies." (Barry Ritholtz) Chart of the Day The 2-10s yield curve saw a huge reversal in the past…
Research decentralized finance (DeFi) is one of the sector’s most prominent use cases with the most substantial adoption. Recent issues in the banking sector, like those surrounding Silicon Valley Bank and Credit Suisse, have caused many to take a second look…
Faster vaccine testing. Shorter time to market for innovative new medicines. A clearer understanding of side effects for each individual patient. These are developments that could change the face of medicine forever. To help turn this concept of personalized healthcare into…
In the summer of 2022, two maintenance workers found themselves waist-deep in liquid chocolate after falling into a tank at a candy factory in Pennsylvania. Stuck for over an hour, the two workers couldn’t climb out and had to be cut…
News announced it had recently filed a lawsuit against pNetwork, the cross-chain interoperability bridge used by Gala on the BNB Smart Chain. In November 2022, Gala Games was exploited after an unauthorized wallet address minted over $2 billion in GALA (GALA)…
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives…
Markets wobbled as fears about the health of some banks, particularly First Republic, continued to cast a shadow over parts of the financial sector.Stocks nudged higher in choppy trading on Monday, as investors’ cautiously welcomed moves over the weekend to shore…
Share to FacebookShare to TwitterShare to LinkedinOn Friday, Balaji Srinivasan, a man who wields considerable influence in the tech and crypto worlds, made a jaw-dropping bet: $2 million that bitcoin would skyrocket from the mid-$20,000 range to $1 million per coin…
News spoke out against the Federal Reserve issuing and controlling a central bank digital currency, or CBDC, in the United States, claiming the initiative would grant “more power” to the government. He cited concerns over inflation in the country, the Fed…
Everyone who’s ever met or spoken to Paddy Pimblett could probably attest to one thing. He’s as easygoing as anyone you'll ever talk to. And the simplest conversations with the mixed martial arts fighter feel like a chat with an old…
A $30 billion cash infusion and a frantic effort to sell a stake in the bank to raise additional funds has done little to calm investors.First Republic Bank remained imperiled on Monday as last week’s $30 billion cash infusion by some…
Tom Cruise, the man behind 2022’s wildly successful Top Gun: Maverick, apparently really loves the Ezra Miller Flash movie. It’s “everything you want in a movie” the Mission Impossible star reportedly said, adding that “this is the kind of movie we…
Authored by Jonathan Turley,President Joe Biden has repeatedly denied that his family received money from China.He has also denied any knowledge of his son’s foreign dealings despite direct evidence to the contrary, including a recorded message from the President to Hunter referencing the…
News John Ray's team is suing the Bahamas JPL (FTX Digital Markets)Essentially a dispute over who owns the main exchange.Disappointing they couldn't have worked this out themselves and are now using creditor money on both sides for pointless lawyer battles. pic.twitter.com/PYKoeTFmEz—…
Having dumped $30 billion of deposits into First Republic Bank last week, and the bank then being rumored to be pushing for a capital raise, The Wall Street Journal reports that JPMorgan CEO Jamie Dimon is leading discussions with the chief…
ToplineChinese President Xi Jinping met with Russian President Vladimir Putin Monday in Xi’s first trip to Moscow since Russia invaded Ukraine more than a year ago, signaling deeper ties between Moscow and Beijing, as U.S. tensions with both countries continue to…
Announcement Cointelegraph’s 2023 Top 100. Cointelegraph unveiled its 2023 Top 100 list of the most impactful heroes and villains in the crypto and blockchain space in February. It was published in batches throughout the month, counting down to the top-ranked profile,…
Authored by Daniel Lacalle,Every time there is a banking crisis some scratch their heads and wonder; how could this happen? Surely it must be greed, bad risk management or lack of regulation. More intervention should solve it. However, all those excuses…
While the 2022-23 season didn’t end the way Haley Jones envisioned it for Stanford — with a 54-49 loss to Mississippi that concluded Jones’ senior season in the second round of the NCAA Tournament — Jones’ multi-dimensional life plan means she’s…