Donald Trump floats making Elon Musk a Cabinet member
After a public endorsement from the Tesla CEO and an X Spaces discussion, Donald Trump said he would consider placing Elon Musk in a Cabinet position in 2025.
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FDIC pins Signature Bank’s failure on poor governance and illiquidity
FDIC blamed SBNY’s board of directors and management for pursuing “unrestrained growth” using uninsured deposits without implementing liquidity risk management strategies. 89 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe United States Federal Deposit Insurance Corp’s (FDIC) post-mortem assessment of Signature Bank of New York (SBNY) revealed…
Binance’s CZ: This Vibrant Country Is One Of The Fastest-Growing Crypto Nations
At a recent B2B event in Turkey, suit-clad men and women from traditional financial institutions and the public sector stood in line to take a selfie with a guy in a hoodie.That guy, Binance CEO Changpeng “CZ” Zhao, found time to attend the annual Turkish Capital Markets Summit in Istanbul, Turkey on Nov. 19. Between…
Bitcoin ignores US jobs data as BTC price dip puts $28K support at risk
Eyes are on $28,000 support to hold in the event of continued downside, but Binance order book data warns that even this may be “rugged.”
The ETH/BTC ‘Flippening’ Is 53% Complete According to New Index
The Ethereum/Bitcoin flippening is more than half complete, according to a new metric. 1796 Total views 26 Total shares A new metric from German site The Blockchain Center suggests that the long awaited ‘flippening’ — where Ethereum overtakes Bitcoin — is more than halfway complete.The newly created ‘Flippening Index’ currently stands at 53.3%. Backtested, it…
10 Global Enterprises Looking to Issue Their Own Cryptos
The growing popularity of cryptocurrency has led to a revolution in the digital currency industry. Enterprises that were of noncrypto origin now have or plan to have their own crypto product. The 10 years of cryptocurrency’s existence has led to an unprecedented ease of transactions. It has also brought transparency into the e-commerce world. This…
Mark Cuban claims his Gmail was hacked after receiving hoax call
Billionaire investor Mark Cuban claims that any email sent from his email account “after 3.30pm” Pacific Standard Time on June 22 was not from him.
Major Malaysian financial firm to invest in regulated crypto exchange
Malaysian financial services firm Kenanga Investment Bank Berhad is getting into digital assets. 990 Total views 11 Total shares Kenanga Investment Bank Berhad, one of the largest financial services companies in Malaysia, is moving into the cryptocurrency industry with a new investment.According to an official Feb. 8 announcement, Kenanga has entered into a conditional agreement…
Polygon launches $720M Community Treasury for blockchain grants
Polygon introduces a $720 million Community Treasury to fund blockchain projects, targeting developers within the Polygon and Ethereum ecosystems.