FTX presentation shows ‘massive shortfall’ in firm’s assets By Cointelegraph
[ad_1] Bankrupt cryptocurrency exchange FTX has revealed a “massive shortfall” in its digital asset and fiat currency holdings, with billions worth of customer funds missing...
Litecoin Falls 11% In Selloff By Investing.com
[ad_1] Litecoin Falls 11% In Selloff Investing.com – Litecoin was trading at $86.120 by 20:33 (01:33 GMT) on the Investing.com Index on Friday, down 11.42%...
House Republicans Accuse Biden White House Of Creating ‘Authoritarian-Style’ Digital Dollar
Authored by Andrew Moran via The Epoch Times (emphasis ours), President Joe Biden and his administration are attempting to develop an “authoritarian-style” and “surveillance-style” digital...
US lawmaker behind crypto mining legislation urges Zuck not to offer metaverse to teenagers By Cointelegraph
[ad_1] © Reuters. Two United States senators have penned a letter asking Meta CEO Mark Zuckerberg to halt a plan to allow young adults to...
The Fed alone cannot bring inflation down
Financial Times/Claudia Sahm/2-23-2023 “Management of demand is not efficient in dealing with supply-driven price rises: fiscal policy must play its part.” USAGOLD note: Sahm’s recommendations...
SEC chair implies crypto exchanges may not be ‘qualified custodians’ as new rule is drafted By Cointelegraph
[ad_1] United States Securities and Exchange Commission Chair Gary Gensler has again backed a proposed rule that would extend asset custody rules to more cryptocurrencies,...
China PMI’s boost metal complex
Silver led gold higher, but more work needed to shift sentiment Precious metals trade higher for a third day, supported by fresh dollar weakness, after...
Sen. Elizabeth Warren and colleagues demand to see Binance’s balance sheets By Cointelegraph
[ad_1] Three United States senators led by Elizabeth Warren have sent a letter to Binance CEO Changpeng “CZ” Zhao and Binance.US CEO Brian Shroder expressing...
The world’s most painful trade is finally ending as dollar peaks
Bloomberg/Ruth Carson/2-23-2023 “Investors say the dollar is on the way down because the bulk of Federal Reserve rate increases is over, and virtually every other...
Russian bank issues first on-chain bank guarantee in Chinese yuan By Cointelegraph
[ad_1] Moscow Credit Bank has issued a blockchain-based bank guarantee denominated in Chinese currency, claiming that the product is the first in the country. The...