Standard Chartered and Deutsche Bank Complete SWIFT Substitute Trial
The trial involved real-time transfers and swaps of synthetic USDC and EURS to wallets owned by Deutsche Bank.
ClementThe trial involved real-time transfers and swaps of synthetic USDC and EURS to wallets owned by Deutsche Bank.
ClementVolumes surged from just over $1 million at the start of May to $18 million on Tuesday, data from Minswap shows.
CoindeskThe FDIC said early estimates showed that Silicon Valley Bank's failure cost its Deposit Insurance Fund around $20 billion.
CryptoSlateSignet, the payment network widely used by Web3 businesses, still remains under the FDIC control.
BeincryptoSignature Bank has found a buyer after a week long financial odyssey, the New York Community Bancorp, Inc.
CryptoSlateThings are not going well for Anchorage Digital. The crypto bank just announced a 20% cut in its staff, citing regulatory uncertainty.
cryptopotatoThe company did not say whether it plans to submit a bankruptcy filing.
CryptoSlateA stablecoin is a cryptocurrency that has its prices pegged to that of different assets, often to fiat currencies.
OthersGerman cryptocurrency-focused bank Nuri has revealed that it has filed for bankruptcy, citing the protracted crypto winter. Customers' access to ...
BitcoinistNuri stated that it has been facing a “lasting strain” on its business liquidity in 2022 due to “significant macroeconomic headwinds and the cooling down of public and private capital markets.”
Cointelegraph