Reserve
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Cryptocurrency
US Federal Reserve, FDIC warn banks against crypto risks
The U.S. Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC) issued a…
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Cryptocurrency
Third party auditor confirms Binance Bitcoin reserve is over collateralized
Jesse Powell is a cryptocurrency, online/international payments and fraud expert and co-founder of Kraken, one of the world’s most trusted…
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Cryptocurrency
Reserve bank of India outlines CBDC blueprint
The Reserve Bank of India (RBI) is finalizing plans to begin a pilot phase leading to the issuance of the…
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Cryptocurrency
Tether reduces commercial paper exposure to below $50M, Treasury bills rise to 58.1% of reserve
Insider Information on Tether’s Reserves Reveals As of Sept. 30, Shadlecoin Issuer Increased U.S. Treasury Securities to 58.1% of Reserves…
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Cryptocurrency
Bitcoin drops 6.5% after Fed’s 75 bps rate hike; Tether under pressure to produce documents on USDT reserve
Bitcoin’s 6.5% plunge after the Fed announced a 75 bps rate hike, a court ordered Tether to file documents on…
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Cryptocurrency
Federal Reserve Chair urges everyone to factor inflation into financial decisions during Jackson Hole speech
Federal Reserve Chairman Jerome Powell has urged households and businesses to factor inflation into their financial decisions because it will…
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Cryptocurrency
MakerDAO founder proposes converting $3.5B USDC reserve to Ethereum
MakerDAO (MKR) founder Rune Christensen said: Asked Given the scope of the Tornado Cash sanctions, DAO members should consider converting…
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Business
What Today’s Inflation Report Means for the Federal Reserve
Consumer price index inflation eased significantly in July, driving petrol prices down. While this is good news for the Federal…
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Business
A job market slowdown is expected as the Federal Reserve taps the brakes.
Monthly employment reports were in question as inflation rose for months and the Federal Reserve acted aggressively to keep it…
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Business
Federal Reserve says Economy is Not in Recession
Powell stays sunny The Federal Reserve continues its aggressive campaign to contain inflation even as the economy begins to slow.…
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