Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
The IMF explained that CBDCs design is complicated by Islamic law prohibiting usury and speculation.
Amazon is reducing costs and headcounts, considering the “uncertainty that exists in the near future” and the unstable economy.
Currently, Duolingo is looking for a Learning Scientist for Music. The role suggests collaborating cross-functionally to develop a research-informed app for teaching music.
A Goldman Sachs economist anticipates that the Fed would suspend its forthcoming rates hike due to “stress in the banking system.”
In an attempt to save First Republic Bank, a number of mainstream banking giants have decided to come to the bank’s aid with a total deposit of $30 billion.
Speaking to the parliament, Chairman Huang pointed out that the Financial Supervisory Commission was working on a crypto regulatory framework.
UBS and Credit Suisse both saw their shares spiral after the former agreed to an emergency rescue of the latter.
The special administrative unit in Hong Kong is also contemplating a way to introduce a compulsory licensing regime for stablecoin issuers as early as this year.
FTX may yet have a chance to establish itself as a force to reckon with in the crypto space.
As a company, Virgin Orbit has a very definitive goal, and that’s to deliver small commercial satellites to Earth’s orbit.
As per blockchain intelligence firm Chainalysis, Euler Finance transferred a total of 100 ETH to an address having links to North Korea.
The ATM maker shuttered its cloud services to limit further compromise of sensitive user information.
FDIC said that the deal between Signature and Flagstar would cost the Deposit Insurance Fund an estimated $2.5 billion.
The decision to launch the token did not sit well with most DefiLlama contributors who have now openly rejected it.
Considering the influence of the US markets, other Asian banking regulators including the MAS have affirmed that the Swiss firm’s takeover will have no material impact on retail customers.