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Systemic Swiss Banks Not Ready for Crisis, Regulator Says

Systemic Swiss Banks Not Ready for Crisis, Regulator SaysSwitzerland’s financial regulator is not satisfied with the emergency plans of two of the Alpine nation’s five major banks. The assessment refers to a period prior to the rescue of Credit Suisse by UBS when the authority viewed the troubled giant’s preparedness in positive terms. 2 Swiss Banks Unable to Implement Recovery Plans, Finma Finds […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry

Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto IndustryDuring the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on Feb. 10, a source noted that Paypal has put the concept on hold […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Crypto Lender Nexo Moves Forward With Plan to Acquire Troubled Rival Vauld

Crypto Lender Nexo Moves Forward With Plan to Acquire Troubled Rival VauldLeading cryptocurrency lender Nexo has offered to buy distressed competitor Vauld, which halted operations in the face of financial difficulties. The proposal comes after the Singapore-based company said it was exploring restructuring options. Nexo Secures Exclusive Agreement to Explore Vauld’s Acquisition Singapore-based crypto lending and trading platform Vauld, which announced suspension of withdrawals and other […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Charles Hoskinson Discusses Cardano’s 2022 Plans, Founder Says Project ‘Needs Institutions to Have Stake in the Success of ADA’

Charles Hoskinson Discusses Cardano’s 2022 Plans, Founder Says Project ‘Needs Institutions to Have Stake in the Success of ADA’The digital currency cardano has jumped over 8% in value during the last 24 hours and 25% over the last seven days. The price move follows an update on Charles Hoskinson’s and IOHK’s plans for the Cardano network in 2022. Charles Hoskinson’s 2022 Cardano Outlook: ‘A Formal Open-Source Project Structure Is Going to Be Formed’ […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin