Banks stressed customer accounts “remain secure” and balances will be updated as soon as the issue is resolved. News Join us on social networks Some of the largest United States banks are not able to facilitate customers deposits after one of the Federal Reserve’s payment systems suffered an outage on Nov. 3. The Federal Reserve …
Continue reading “Bug in Fed’s payment system prevents Americans from getting paid”
HodlX Guest Post Submit Your Post Cryptocurrency is changing rapidly. Driven by advancements in blockchain technology, regulation and adoption, the market is looking like it will be changing again. One of the seminal moments of Q3 2023 was the avalanche of applications for Bitcoin (BTC) spot ETFs (exchange-traded funds) by major asset management firms. This …
A former Russian minister says a BRICS currency with unique attributes is nearly ready to launch. In an interview with TV BRICS, Sergey Glazyev says that the currency itself is almost complete, but it still needs support from all leaders of the economic alliance. According to Glazyev, some member nations have already thrown their weight …
In a significant move to combat sanctions evasion and illicit financial activities, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Ekaterina Zhdanova, a Russian national allegedly involved in laundering and transferring funds using crypto on behalf of Russian elites. According to the announcement, the action aligns with …
Continue reading “US Treasury Cracks Down: Sanctions Crypto Money Launderer Tied To Russian Elite”
FTM, the native currency of the Fantom ecosystem, might be the next coin to follow and perhaps outperform Solana (SOL). This optimistic preview is by one technical analyst, “Magnate,” who, in an X post on October 3, said traders who missed the SOL rally may have a chance with FTM. FTM likely to rally | Source: Magnate …
Continue reading “Is Fantom (FTM) About To Explode Like Solana (SOL)? This Analyst Thinks So”
A massive amount of ETH has made its way to centralized exchanges, increasing the Ethereum balances of these exchanges. Given the implications of exchange inflows, it could be a barrier to the cryptocurrency when it comes to claiming the $2,000 resistance. Investors Send 13,000 ETH To Exchanges Data from IntoTheBlock shows a massive amount of …
Continue reading “ETH Sent To Exchanges Climbs Above 500,000, Is Ethereum At $2,000 Still Possible?”
In recent developments, US authorities led by US Attorney Philip R. Sellinger successfully seized $54 million worth of Ethereum (ETH) from Christopher Castelluzzo, a convicted drug dealer operating in Lake Hopatcong, New Jersey. Massive Crypto Bust The US Attorney’s Office filed a civil forfeiture action to recover previously seized cryptocurrency that was determined to be …
Continue reading “US Authorities Confiscate $54 Million In Ethereum From Convicted Drug Dealer”
Cardano (ADA) has recently experienced a notable surge in market capitalization. Blockchain analytics firm Santiment reported a 9% increase in ADA’s market cap over the past day, which adds to a more than 20% rise over the last two weeks. This growth spurt in valuation aligns with heightened activity on the Cardano network, specifically among …
Continue reading “Cardano’s Whale Watch: ADA Market Cap Jumps Over 10% Amid On-Chain Frenzy”
Banks stressed customer accounts “remain secure” and balances will be updated as soon as the issue is resolved. News Join us on social networks Some of the largest United States banks are not able to facilitate customers deposits after one of the Federal Reserve’s payment systems suffered an outage on Nov. 3. The Federal Reserve …
Continue reading “Bug in Fed’s payment system prevents bank customers from getting paid”
JPMorgan Chase has quietly revealed tens of billions of dollars in losses on securities, according to a new report on the company’s overall balance sheet. The banking giant is now stuck with roughly $40 billion in unrealized bond losses as of Q3 of this year, which is a 20% rise over the previous quarter, reports …
Ethereum (ETH) competitor Solana (SOL) is sustaining its upward momentum as it overtakes layer-2 scaling solution Polygon (MATIC) in daily decentralized exchange (DEX) volume. New data from blockchain tracking platform Artemis reveals that the smart contract platform has surpassed MATIC in both overall DEX volume and the number of daily transactions. Artemis’ data shows that …
Valkyrie Chief Investment Officer (CIO) Steven McClurg told ETF.com on Nov. 2 that regulators could approve a spot Bitcoin ETF by the end of the month. McClurg said that he expects the U.S. Securities and Exchange Commission (SEC) to send a second request for comments to various spot Bitcoin ETF applicants in the coming weeks. …
Several major banks across the United States are currently experiencing deposit delays, according to a report from CNN on Nov. 3. That report suggests that Bank of America, Chase Bank, US Bank, Truist Bank, and Wells Fargo are among the banks that have experienced issues. The issue concerns the Automated Clearing House (ACH), U.S. payment …
Continue reading “Multiple deposit delays across US banks linked to ACH system error”
The U.S. Department of the Treasury and its Office of Foreign Assets Control (OFAC) sanctioned a Russian businesswoman on Nov. 3. The agency said that Russian national Ekaterina Zhdanova helped the country’s elites launder and move funds using virtual currency and other methods. The Treasury said that Zhdanova used virtual currency to perform large cross-border …
Newly-released audio of an interview with Sam Bankman-Fried given during his house arrest, in which he reflects on the idea of life in prison, has emerged on social media. In the interview, Bankman-Fried admits that if his life were to end that day, he would have “done net harm to the world.” Weight of harm …
