Reserve
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Federal Reserve Admits Blindsided Oversight of SVB Collapse
The recent collapse of Silicon Valley Bank (SVB) has prompted an internal investigation by the Federal Reserve to look into…
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Blockchain
Independent Reserve Considers Expansion to Hong Kong
Australia’s Independent Reserve Eyes Expansion to Hong Kong Amidst Proposed Licensing Regime for Crypto Exchanges Independent Reserve, a cryptocurrency exchange…
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Bitcoin
Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025 – Bitcoin News
Following the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds…
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Bitcoin
The Federal Reserve Intervenes: Bank Term Funding Program
The Federal Reserve balance sheet increased by $300 billion in one week, leading to debate about whether these actions qualify…
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Bitcoin
Fractional Reserve Carbon Accounting Is An Attack On Bitcoin Mining
A forthcoming New York Times article is expected to introduce “fractional reserve indirect carbon accounting” and target bitcoin mining. This…
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Bitcoin
U.S. Treasury, FDIC And Federal Reserve Will Guarantee All Deposits At SVB, Signature Bank In Unprecedented Move
A joint statement ensured that all customer deposits at the respective banks will be honored by the federal government. The…
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Blockchain
Circle’s USDC Reserve Exposure and Potential Risks
Circle is one of the largest issuers of stablecoins, with USDC being the second-largest stablecoin in circulation. As of January…
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Blockchain
Circle’s USDC Reserve Mishap Leads to Massive Sell-off
In May 2021, Circle, a fintech company that offers payment and trading solutions, revealed that it had discovered a massive…
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Blockchain
US Federal Reserve to Create Cryptocurrency Team Amid Concerns Over Unregulated Stablecoins
The US Federal Reserve is taking steps to address the fast-evolving cryptocurrency industry. The central bank has announced that it…
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Regulation
U.S. Federal Reserve Creating Specialized Team of Experts on Crypto, According to Vice Chair
The top regulatory official of the Federal Reserve says that while crypto assets can potentially transform the financial system, the…
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