Australian Banking Association’s cost of living inquiry reveals bank pressure
An analysis of the rising inflation and concurrent collapse of Silicon Valley Bank proved that more than 186 banks in the U.S. are at risk of a similar shutdown if…
$900K Raised With Just One Day to Go at Current Prices – Learn Why Metropoly Has Gained Significant Traction Lately
The Metropoly presale is gaining significant traction in the final stretch before it ends and the official NFT marketplace launches. The Marketplace is the world’s Go to Source
Report: China Will Become a Metaverse Tech Leader During 2023
A report issued by Globaldata, a global consulting and data analysis company, predicts that China will become a leading country in metaverse tech during 2023. The firm believes that the…
Microsoft Is Testing an Ethereum Wallet in Its Edge Web Browser
Microsoft, the software conglomerate, has introduced an Ethereum-based cryptocurrency wallet in the testing version of its Edge web browser. The new feature, which software sleuth Albacore discovered, is named “Crypto…
Top Selling NFTs This Week – Wrapped CryptoPunks Takes The Top Spot
Non-fungible tokens continue seeing increased adoption across mainstream commerce despite the recent uncertainty surrounding many financial markets, including banks. This adoption, among other factors, has Go to Source
Text-to-world metaverse building with OpenAI
Amid all the excitement as of late around ChatGPT and OpenAI GPT models, there are some startups that are attempting to apply those technology to Go to Source
Over 80 crypto firms eyeing presence in Hong Kong: Financial Secretary
Since October, more than 80 virtual asset companies have expressed interest in establishing in the city, while 23 have indicated actual plans of doing so. More than 80 virtual asset-related…
Beware of fake Arbitrum Airdrops, community warns
The community has warned others to stay vigilant after reports of phishing websites and scams offering Arbitrum Airdrop tokens. Ethereum layer-2 scaling solution Arbitrum’s upcoming “ARB” token Airdrop appears to…
Signature Bank deposits, branches sold to Flagstar, crypto not included
The 40 branches of Signature Bank will officially reopen and operate as Flagstar Bank on March 20. Only a week after its collapse, Signature Bank’s deposits and loans are set…
Bitcoin ATM maker shuts cloud service after user hot wallets compromised
Bitcoin ATM manufacturer General Bytes said a hacker was able to install and run a Java application in its terminals that could access user information and send funds from hot…
Fed, central banks enhance ‘swap lines’ to combat banking crisis
Currency swap lines have been used during times of crisis in the past, such as the 2008 global financial crisis and the 2020 coronavirus pandemic. The United States Federal Reserve…
BlockSec Prevents $5 Million Hack
BlockSec, a blockchain security company, has successfully prevented a hacker from stealing 2,900 ether (about $5 million) from ParaSpace. Such attacks have been prevalent in Go to Source
Midsize US Banks Ask Regulators to Extend FDIC Insurance to All Deposits for 2 Years Before Another Bank Fails
The Mid-Size Bank Coalition of America has asked federal regulators to extend FDIC insurance to cover all deposits for the next two years. “Doing so will immediately halt the exodus…
US Lawmaker Urges Government to Guarantee All Deposits to Avoid Runs on Smaller Banks
A U.S. congressman has urged the federal government to temporarily insure every bank deposit in the country. Following the collapses of several major banks, he stressed that if the government…
US Senator Calls for Investigation Into Bank Failures — Says Fed Chair Powell ‘Bears Direct Responsibility’
U.S. Senator Elizabeth Warren has called for a “thorough, independent investigation of the causes” that led to the failure of Silicon Valley Bank (SVB) and Signature Bank. She alleges that…