In the appeal to Supreme Court, crypto exchange Coinbase is willing to send the two lawsuits – Bielski v. Coinbase and Suski v. Coinbase – into arbitration.
The United States has been working on its own CBDC after the Biden-led administration developed policy objectives in 2022.
The decision to lay off Twitch employees comes amid a new round of reducing the workforce at Amazon. Yesterday, the tech giant announced the cut of as many as 9,000 jobs across various departments.
JPMorgan chief executive Jamie Dimon seeks to create a comprehensive rescue plan for First Republic amid the banking crisis.
Ethereum scaling solutions Polygon and Immutable recently announced a Web3 collaboration that would benefit gamers and developers
Coinbase advised its customers to use other available payment rails as the exchange works on onboarding other banking partners.
A pseudonymous DefiLlama developer claimed that there is a hostile takeover attempt in the DefiLlama protocol through a token launch.
Sources familiar with the matter said that if Virgin Orbit fails to strike a deal this week, it’s preparing for restructuring in the case of insolvency.
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.