Market Cap for Binance Stablecoin BUSD Plummets 43% in 30 Days
The third-place ranking Binance currently holds as the world's largest stablecoin may soon change. In…
Fed’s Mester says she has hope that inflation can be brought down without a recession
Loretta Mester, president of the Cleveland Federal Reserve, stated Friday that interest rates would likely…
Goldman Sachs CEO says odds of a ‘softer landing’ for U.S. economy have improved
According to Goldman Sachs CEO David Solomon, there are increased chances that the U.S. economy…
Coinbase shares fall as SEC takes crypto staking action against Kraken
Shares of Coinbase closed down 14% on Thursday after CEO Brian Armstrong expressed concern about…
Fed raises rates a quarter point, expects ‘ongoing’ increases
On Wednesday, the Federal Reserve raised its benchmark interest rate by a quarter percentage point.…
$6.6 billion fintech Wise accused by rival of harming competition
Wise has accused a rival fintech company of undermining competition in the money transfer market.…
Fed Governor Waller Backs Quarter-Point Interest Rate Hike at Next Meeting
Federal Reserve Governor Christopher Waller said Friday he favors a quarter percentage point interest rate…
JPMorgan tops estimates for fourth-quarter revenue
On Friday, JPMorgan Chase reported a record profit and revenue for the fourth quarter as…
Regulators warn U.S. banks on crypto risks including ‘fraud and scams’ after FTX collapse.
On Tuesday, U.S. banking regulators warned that dealing with cryptocurrency exposes financial institutions to a…
FTX diverted $200 million of customer money for two venture deals that caught the SEC’s attention
According to the Securities and Exchange Commission, $200 million of the billions of dollars in…