March 20, 2023

UBS Group agrees to $3.25B ‘emergency rescue’ of Credit Suisse

Swiss authorities agreed to change the country’s regulations to bypass a shareholder vote and announce the deal over the weekend.   UBS Group agreed to buy […]
March 20, 2023

Fed, central banks enhance ‘swap lines’ to combat banking crisis

Currency swap lines have been used during times of crisis in the past, such as the 2008 global financial crisis and the 2020 coronavirus pandemic.   […]
March 16, 2023

Forget HTTP: Ethereum has a new URL standard that can’t be blocked

Under a newly rolled out Ethereum standard, DApps and NFTs can be accessed by internet users without the worry of centralized censorship.   Web3 URLs – […]
March 16, 2023

Biden wants to double capital gains and clamp down on crypto wash sales: Reports

The Biden administration reportedly wants to apply the wash sale rule to crypto, which would end a strategy in which a trader sells and then immediately […]
March 15, 2023

Signature Bank investigated for money laundering prior to demise: Report

The pro-crypto bank was reportedly under dual investigations to uncover if it was taking proactive measures to stop money laundering.   Two United States government agencies […]
March 15, 2023

Crypto bank Anchorage Digital cuts 20% of staff citing regulatory uncertainty

It’s unclear whether Anchorage Digital’s layoffs relate to the current turmoil in the U.S. banking sector.   Crypto bank Anchorage Digital has announced that it will […]
March 15, 2023

ChatGPT v4 aces the bar, SATs and can identify exploits in ETH contracts

GPT-4 completed many of the tests within the top 10% of the cohort, while the original version of ChatGPT often finished up in the bottom 10%. […]
March 14, 2023

US Fed faces internal probe over Silicon Valley Bank failure

Federal Reserve chair Jerome Powell said a “careful and thoughtful” review is needed to understand how the bank collapsed under its watch.   The Federal Reserve […]
March 14, 2023

Meta pulling the plug on NFTs across Instagram and Facebook

The short-lived NFT features were first launched in May, but Meta’s financial technology lead said it is “winding down” the tools to focus elsewhere.   Big […]
March 14, 2023

FBI, NY authorities probes collapse of TerraUSD stablecoin: Report

The controversial founder of Terraform Labs, Do Kwon, is at the center of the investigation, despite being believed to be hiding out in Serbia.   It […]

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