0xScope: Since March 31, 2022, a Binance deposit address has received nearly 700 million stablecoins from Huobi

Money Market Funds Attract $397 Billion as Bank Deposits Decline

In 2023, $397 billion shifted from US bank deposits to higher-yielding money market funds, posing potential tax implications for investors.

South Korean Banks Pursue Tokenised Deposits as Stablecoin Alternatives

The top banks in the region are interested in certificates of deposit (CDs) tokens – tokenised bank deposits on the blockchain.

South Korean Bank Collaborates with Central Bank on CBDC Pilot and Tokenised Deposits

Hana Bank is actively participating in the BOK's ongoing CBDC Proof of Concept project, which aims to establish a currency system based on blockchain technology.

Mastercard launches DLT network for settlement of tokenized bank deposits

Yesterday Mastercard announced plans to launch a beta version of the Mastercard Multi-Token Network (MTN).

Swiss Banking Association proposes deposit tokens on public blockchain

They also issued a white paper on deposit tokens this week.

Binance to Suspend British Pound Deposits, Withdrawals

Unless it can find another service provider, crypto exchange Binance will suspend British pound sterling deposits and withdrawals starting on May 22.

Silvergate Capital reports less than $20 million in BlockFi deposit exposure

The crypto bank said BlockFi deposits make up less than $20 million of total deposits.

Silvergate Capital reports less than $20 million in BlockFi deposit exposure

How to earn interest from crypto saving accounts?

Crypto investors can earn interest via crypto lending by finding a cryptocurrency exchange or DApp that offers a crypto interest account.

Eth2 deposit contract now holds 10% of the circulating ETH supply

The ETH 2.0 deposit contract can only be unblocked after the PoS transition, postponed to the latter half of the year.