US midsize banks seek FDIC Insurance on ‘all deposits’ for 2 years: Report
The Mid-Size Bank Coalition of America (MBCA) has reportedly asked United States federal regulators to extend insurance on all deposits for the next two years.According...
SBF legal fees, BTC market cap flips Meta,USDC climbs back to $1
Top Stories This Week Sam Bankman-Fried petitions court to prioritize reimbursing his legal fees Sam Bankman-Fried (SBF) is seeking to use FTX’s corporate insurance policies...
What are the Howey test and its implications for cryptocurrency?
What is the Howey test?The Howey test is a legal test used in the United States to determine whether a transaction qualifies as an investment...
Sam Bankman-Fried to propose revised bail package ‘by next week’
The lawyer representing crypto entrepreneur Sam Bankman-Fried (SBF) in the ongoing FTX case will soon present a revised bail package to Judge Lewis Kaplan of...
Bitcoin market cap grows 60% in 2023 as top Wall Street banks lose $100B
The market capitalization of Bitcoin (BTC) has added $194 billion in 2023. Its 66% year-to-date (YTD) growth vastly outperforms top Wall Street bank stocks, particularly...
Protego’s conditional national bank status expired without approval: Report
Institutional cryptocurrency custodian Protego’s conditional national trust banking charter has expired without it receiving permanent approval, according to a March 17 report in Fortune.A spokesperson...
Congress announces March 29 hearing into failures of SVB and Signature Bank
Representatives from the Federal Deposit Insurance Corporation and Federal Reserve will be testifying before the United States House Financial Services Commission in a newly announced...
Crypto market cap reclaims $1T, and derivatives point to further upside
The total crypto market capitalization increased by 26% in seven days, reaching $1.16 trillion on March 17. Bitcoin (BTC) was the biggest winner among the...
Did regulators intentionally cause a run on banks?
Global economic conditions are tightening; interest rates are in flux; and inflation has yet to be curbed. Considering the economic headwinds, the fact that Silvergate...
Metacade Prepares for Listing On Decentralized Crypto Exchanges. Here’s Why You Should Buy MCADE Tokens Now.
Metacade (MCADE) continues to go from strength to strength after fresh news has surfaced regarding the project’s future developments. The MCADE ICO will happen soon...