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Bank of America Predicts Milds Recession After Fed’s Tightening Action
Bank of America is predicting a mild recession will happen during the last two quarters of 2023. Brian Moynihan, CEO of Bank of America stated...
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Report: Binance Controlled Bank Accounts Belonging to Its US Affiliate Between 2019 and 2020
Between 2019 and 2020, crypto exchange Binance controlled bank accounts belonging to its U.S. affiliate including one holding funds of American...
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Japanese Banking Giant MUFG to Deploy Stablecoins on Public Blockchains
Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan, announced its plans to deploy and distribute bank-backed stablecoins on...
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US SEC Identifies 12 Crypto Tokens as Securities in Binance Lawsuit
The U.S. Securities and Exchange Commission (SEC) has identified 12 crypto tokens as securities in a new lawsuit filed against Binance and its...
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Atomic Wallet Hack: Team Claims No Assets Have Been Lost in More Than 40 Hours
The Atomic Wallet team claimed on June 4 that the hacking incident in which digital assets worth nearly $35 million were stolen has only...
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BNB Plunges 9% as Binance Faces Lawsuit, Exchange’s Bitcoin Reserves Record Significant Outflow
Following the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance and its founder Changpeng Zhao (CZ), the crypto...
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Tether Expands Investments in Green Bitcoin Mining, Invests in El Salvador’s Volcano Energy
Following the company’s announcement that it will build a sustainable Bitcoin mining operation in Uruguay, the stablecoin issuer Tether...
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XRP Bucks Market Trend as Proponents Remain Optimistic About Lawsuit Outcome
Although the crypto economy has dipped 1.5% in value over the past 24 hours, XRP , the sixth-largest digital asset by market capitalization,...
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Biggest Movers: XRP Remains Near Multi-Month High on Monday
XRP remained near a multi-month high to start the week, despite cryptocurrency markets mostly tracking lower. The global market cap has fallen...
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Start the Week Lower, as Market Volatility Remains High
Cryptocurrency markets consolidated to start the week, with bitcoin trading below the $27,000 mark during today’s session. Volatility has...
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Ethereum Validator Activation Queue Grows: 90,000+ Validators Waiting in Line
Ethereum faces congestion for validators to enter and begin staking in the protocol. According to data from Wenmerge, an information dashboard,...
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Latam Insights —Tether to Start Bitcoin Mining Operations in Uruguay; Lula Proposes Abandoning US Dollar
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue,...
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Former Bitmex CEO Arthur Hayes Predicts Bitcoin Bull Market as US Economy Worsens
Arthur Hayes, the former CEO of Bitmex, predicted the coming of a bitcoin bull market in the last two quarters of 2023. In his latest article,...
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Etherscan Launches Advanced Filter for Enhanced Ethereum Blockchain Exploration
On June 2, 2023, the Ethereum blockchain explorer and insights web portal, Etherscan, released a new feature that allows users to refine their...
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Russia’s Rosbank Launches Crypto Payments Solution for Cross-Border Settlements
Rosbank has become the first large Russian bank to offer clients an option to use cryptocurrencies in international settlements. The solution,...