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Tag: bank deposits

MakerDAO Ratifies Constitution Aiming to Decentralize DAI

Endgame Plan limits RWAs in favor of crypto collateral for DAI MakerDAO on Monday passed a governance proposal that ratifies a “Constitution” which proponents argue...

Are CBDCs the future of money and the end of banking as we know it? (Steve Morgan)

In recent years, the world has witnessed a significant shift in the way payments are made. With the rise of digital transactions, more and...

Circle sees Asia becoming center of USDC liquidity

Circle, the company behind the USD Coin (USDC) stablecoin, is expanding its operations in Asia with the view that, over time, Asia and emerging...

CZ Answers CFTC Allegations Against Binance, Denies Market Manipulation

Share some Bitpinas love:Subscribe to our newsletter!Editing by Nathaniel CajudayIn a blog post, Binance CEO Changpeng Zhao expressed his disappointment over an “unexpected” charge...

Is our banking system obsolete?

The fact that today’s bank deposits are at risk is not a signal that the depositors failed to perform due diligence. It is a...

MakerDAO Keeps USDC as Primary Collateral for Dai

Since there is a possibility of hazards being linked with USDC, the MakerDAO Risk Core Unit recently proposed the notion of diversifying the collateral...

Billionaire Bill Ackman on US Banking Crisis: ‘I Fear We Are Heading for a Train Wreck’

Billionaire Bill Ackman has warned that the U.S. economy is “heading for a train wreck” if the government allows the current banking crisis...

Paribus. The Fragility of Finance.

Despite a lot of turbulence in the markets this week the Federal Open Market Committee (FOMC) did exactly what was predicted. Jerome Powell carefully...

Bitcoin rebounds above US$28,000 as equities gain in U.S. on Treasury easing bank worries

Bitcoin bounced back above US$28,000 on Friday morning in Asia amid a rebound in all top 10 non-stablecoin cryptocurrencies and gains in equities overnight....

US Open: Stocks rebound, Jobless Claims decline again, Block tumbles, BOE/SNB/Norges all hike, Turkey holds, Tesla rallies, Oil higher, Gold recaptures $2000, Bitcoin faces...

US stocks are rising as Wall Street digests what might be the Fed’s last rate hike and Secretary Yellen’s comment on blanket deposit...

Goldman Sachs and JP Morgan Can’t Survive Bank Run Says NBER Paper, Fail Stress Test

The National Bureau of Economic Research, which provides the start and end dates for recessions, has issued a working paper that says none of...

Cryptofinance Reports I’d Like to Read

I’d like to read them all, but not now. These are some of the reports I’ve put aside over the last few weeks...

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