BlockFi used customer money to buy $30M insurance, creditors claim By Cointelegraph
[ad_1] Disgruntled creditors of the bankrupt cryptocurrency lending firm BlockFi have submitted a new court filing in response to the company’s latest restructuring plan. On...
US midsize banks seek FDIC Insurance on ‘all deposits’ for 2 years: Report By Cointelegraph
[ad_1] The Mid-Size Bank Coalition of America (MBCA) has reportedly asked United States federal regulators to extend insurance on all deposits for the next two...
US midsize banks seek FDIC Insurance on ‘all deposits’ for 2 years: Report By Cointelegraph
[ad_1] The Mid-Size Bank Coalition of America (MBCA) has reportedly asked United States federal regulators to extend insurance on all deposits for the next two...
FDIC Forms Deposit Insurance for Troubled Crypto Start-up Lender SVB By CoinEdition
[ad_1] FDIC Forms Deposit Insurance for Troubled Crypto Start-up Lender SVB The FDIC said depositors would have access to their insured deposits. Silicon Valley Bank...
Opinion: Bernie Sanders and Elizabeth Warren’s bold tax hike to shore up Social Security
Elizabeth Warren and Bernie Sanders want to shore up Social Security by raising the top rate of income tax by a third, and the top...
FDIC warns CEX.IO and its reviewers to remove potentially false claims about insurance By Cointelegraph
[ad_1] The United States Federal Deposit Insurance Corporation (FDIC) has sent a letter to executives of cryptocurrency exchange CEX.IO warning them that they are potentially...
Algorand to support bank and insurance guarantees platform in Italy By Cointelegraph
[ad_1] Layer-1 blockchain platform Algorand has been chosen as the public blockchain to support an “innovative digital guarantees platform” to be used in Italy’s banking...
GK8 increases insurance cap on digital assets to $1B By Cointelegraph
[ad_1] GK8 increases insurance cap on digital assets to $1B Digital asset custody platform GK8 has partnered with USI Insurance Services to expand its insurance...
Opinion: You can’t rely on Social Security to fund your retirement — it’s time to rethink your retirement savings strategy
Following a period of record inflation, Social Security’s latest cost of living adjustment (COLA) means retirees will see the biggest bump to their benefits checks...
Some Republican senators are talking openly about Social Security cuts
If a Republican-controlled Congress comes for your Social Security benefits in the next few years, don’t say they didn’t warn you. They did. Sen. Mike...