US regional bank shares sink despite Fed calling banking system ‘sound’

US regional bank shares sink despite Fed calling banking system ‘sound’

CoinTelegraph reported: Share prices of several United States regional banks tanked in after-hours trading on May 3, despite Federal Reserve Chairman Jerome Powell calling the banking sector “sound” and “resilient” just hours before.One such regional

US regional bank shares sink despite Fed calling banking system ‘sound’

US regional bank shares sink despite Fed calling banking system ‘sound’

CoinTelegraph reported: Share prices of several United States regional banks tanked in after-hours trading Wednesday, despite Federal Reserve Chairman Jerome Powell calling the banking sector “sound” and “resilient" just hours before.One such regional bank, PacWest

Coinbase to cease issuing new Bitcoin-backed loans via Borrow service

Coinbase to cease issuing new Bitcoin-backed loans via Borrow service

CoinTelegraph reported: Crypto exchange Coinbase is stopping the issuance of new loans through its Borrow service, a product that allows certain United States customers to post crypto as collateral to receive a cash loan.In an

SEC steps back from defining digital assets in new hedge fund rules

SEC steps back from defining digital assets in new hedge fund rules

CoinTelegraph reported: The United States securities regulator is holding off from ratifying the definition of the term “digital assets” in rules that govern reporting disclosures for hedge and private equity funds, despite proposing to do

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May 23, 2023

Zuzalu Is 2 Months in Montenegro With Crypto Elites, Cold Plunges, Vitalik Selfies

CoinDesk reported: The agenda included official business conference–style events, with many sessions taking place at

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May 23, 2023

Coliving Project Cabin Wants to Put Digital Nomads in Nature

CoinDesk reported: The project, Cabin, escalated that effort Tuesday with plans for the first “network

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May 23, 2023

Consensus Survey: TradFi Investors Remain Bullish on Crypto’s Long-Term Prospects

CoinDesk reported: At last month’s Consensus 2023, CoinDesk hosted two invitation-only Investor Manager Roundtables, one

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May 23, 2023

Crypto’s Open Source Ethos Yields Results

CoinDesk reported: The stories mentioned aren’t really connected (different tech, different chains, different use cases),

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May 23, 2023

The Bitcoin Mining Debate Is Ignoring the People Most Affected

CoinDesk reported: New York, along with Texas, has become a hotspot for that debate, and

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May 23, 2023

Num Finance Raises $1.5M, Will Expand Stablecoins in Latin America, Middle East

CoinDesk reported: Stablecoins anchor their price to an external asset, usually to a government-issued fiat

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May 23, 2023

Binance Blasts ‘Desperate’ Reuters Report It Commingled Customer and Company Funds

CoinDesk reported: The fund flows Reuters described in Tuesday's report "indicate a lack of internal

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May 23, 2023

EU Banks Could Access Stablecoins More Easily Under Leaked Plans

CoinDesk reported: “The uncertainty and conservatism inhibits deal-making in the short term, much of which

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May 23, 2023

U.S. Is ‘Losing’ the Bitcoin Movement: Cathie Wood

CoinDesk reported: Please note that our privacy policy, terms of use, cookies, and do not

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May 23, 2023

Sorare Carves Out Unique Entry Method for France Due to NFT Regulations

CoinDesk reported: "This development is part of Sorare’s roadmap to build an inclusive ecosystem uniting

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May 23, 2023

U.S. Treasury Sanctions North Korean-Owned Binance Wallets; Says Entities Used Funds to Support WMD Programs

CoinDesk reported: “The DPRK conducts malicious cyber activities and deploys information technology (IT) workers who

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May 23, 2023

Bitcoin Jumps to Key Price Resistance as Hong Kong Opens Crypto Trading for Retail Investors

CoinDesk reported: "This looks like a non-macro-related spot-based move, and the timing coincides with the

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May 23, 2023

Multicoin Leads $2.3M FastLane VC Deal, Continuing Its Bet on MEV Infrastructure

CoinDesk reported: The talks with Multicoin started in late August of last year, when FastLane

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May 23, 2023

Crypto Wallet Provider Ledger Delays Key-Recovery Service After Uproar

CoinDesk reported: Last week, Ledger announced the service, called Ledger Recover, which will allow users

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May 23, 2023

LabDAO Raises $3.6M to Decentralize Drug Discovery

CoinDesk reported: Other participants in the funding round included North Island Ventures, Seed Club Ventures,

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May 23, 2023

Crypto City: Guide to Osaka, Japan’s second-biggest city

CoinTelegraph reported: City: OsakaCountry: JapanPopulation: 19 millionFounded: 1889 (as a municipality)Language: JapaneseJump to: Understand, Crypto

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May 23, 2023

Justin Sun Moves $4.3M of MakerDAO’s Tokens to Binance: Blockchain Data

CoinDesk reported: The spot market of MKR is thin and illiquid, meaning that a large

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May 23, 2023

First Mover Americas: Interest in Staking Ether Ramps Up

CoinDesk reported: Interest in staking ether, i.e., locking coins in the Ethereum network to earn

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May 23, 2023

Come in and Register? These Firms Say They Found an SEC-Friendly Crypto Path

CoinDesk reported: OTC Markets, a well-established name in the trading of penny stocks and other

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May 23, 2023

South Korea’s Ruling Party Calls to Expedite Bill on Lawmakers’ Crypto Disclosures: Report

CoinDesk reported: "Given the current high level of public interest, especially regarding lawmakers, it's not

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