regulators

  • Bitcoin and Ethereum Price Fall: Reasons and Predictions

    According to reports, after experiencing four consecutive months of gains, Bitcoin weakened on the first day of May. As of press release, Bitcoin fell 2.52% to $28608 per piece. Th

    05/01/2023
    71
  • Examining the April 26th zkSync Ecological DEX Merlin Attack

    On April 26th, according to PeckShield monitoring, zkSync ecological DEX Merlin attackers transferred approximately 165000 USDCs to CEX, with Binance receiving 31000 and MEXC recei

    04/26/2023
    74
  • The Rise of MEV Robots in Crypto Trading – The Jaredfromsubway.Eth Case

    On April 20th, according to NFT data and research platform Sealaunch monitoring, a MEV robot named jaredfromsubway. eth has recently made over $1.4 million in profits from sandwich

    04/20/2023
    103
  • Taylor Swift Withdraws from FTX Endorsement: What We Know So Far

    On April 19th, it was announced that famous singer Taylor Swift had previously withdrawn from FTX\’s $100 million endorsement sponsorship agreement. The lawyer who sued other celebr

    04/19/2023
    66
  • The Importance of Transparency in Digital Asset Exchange Ownership, Governance, and Audit Procedures

    It is reported that, according to insiders, after the bankruptcy of the digital asset exchange FTX last year, officials of the Dubai Virtual Assets Regulatory Authority (VARA) aske

    04/05/2023
    63
  • An Investigation into the Acquisition of Credit Suisse by UBS: What You Need to Know

    On April 2, according to a report by the Financial Times, Swiss federal prosecutors have launched an investigation into the acquisition of Credit Suisse by a larger competitor, UBS

    04/02/2023
    100
  • Coinbase to Meet with UK Policymakers, Regulators, and Media to Discuss EU’s Encryption Regulation

    On March 24th, Coinbase announced on its social platform that its leadership team would visit the UK in a few weeks and meet with policymakers, regulators, and the media. The theme

    03/24/2023
    67
  • Tether is Set to Achieve Excess Reserves of $1.66 Billion by Q1 of 2023

    On March 24th, Tether\’s Chief Technology Officer, Paolo Ardoino, said that Tether would achieve a profit of $700 million in the first quarter of 2023, bringing its excess reserves

    03/24/2023
    71
  • Credit Suisse and UBS Merger: Regulators and Banks Step up Efforts

    According to reports, the Financial Times quoted people familiar with the matter as saying that Credit Suisse, UBS and their main regulators are stepping up efforts to reach an agreement on the historic merger of Switzerland’s two largest banks, which will be reached as soon as Saturday evening. The Swiss Central Bank and the Swiss Financial Market Supervisory Authority (Finma) have stated to their international counterparts that they believe that reaching a deal with UBS is the only option to prevent the market from collapsing in confidence in Credit Suisse. Regulators in the United States, Britain, and Switzerland are considering the legal structure of the transaction, as well as several concessions UBS is seeking. People familiar with the matter: UBS and Swiss regulators will complete the transaction with Credit Suisse as soon as Saturday evening Analysis based on this information:Reports have emerged suggesting that Credit Suisse and UBS, Switzerland’s two largest banks, are on the verge of reaching a historic…

    03/18/2023
    72
  • UBS Group in Negotiations for Partial or Overall Acquisition of Credit Suisse

    It is reported that UBS Group (UBS) is negotiating a partial or overall acquisition of Credit Suisse; The two sides will hold separate talks over the weekend; The Swiss Central Bank and the Swiss Financial Supervisory Authority (Finma) coordinate negotiations; Swiss regulators told the Federal Reserve and the Bank of England on Friday that merging the two banks is their “Plan A”; The two banks are discussing numerous options; Both parties assess regulatory restrictions in different jurisdictions; There is no guarantee that an agreement can be reached. (Financial Times) UBS negotiates the acquisition of Credit Suisse in whole or in part Analysis based on this information:UBS Group is reportedly in discussions for a partial or overall acquisition of Credit Suisse, Switzerland’s second-largest bank. Over the weekend, the two banks will hold separate talks after Swiss regulators coordinated negotiations with the Swiss Central Bank and the Swiss Financial Supervisory Authority (FINMA). The merger of the two banks is their “Plan A,”…

    03/18/2023
    83
  • FDIC requires bids for Silicon Valley Bank and Signature Bank

    According to reports, people familiar with the matter disclosed that the regulators of the Federal Deposit Insurance Corporation (FDIC) of the United States required financial institutions interested in acquiring bankrupt Silicon Valley Bank and Signature Bank to submit bids before March 17 (Friday). The goal is to sell both Silicon Valley Bank and Signature Bank. If it cannot be sold as a whole, it is also possible to consider selling a portion of the equity interests of the two banks. Insider: Signature buyer must agree to abandon all encryption business of the bank Analysis based on this information:The Federal Deposit Insurance Corporation (FDIC) has demanded that interested financial institutions submit their bids for the acquisition of Silicon Valley Bank and Signature Bank by March 17. This requirement comes as the FDIC aims to sell both banks, or alternatively, a portion of the equity interests of the two banks. This move follows the bankruptcy of Silicon Valley Bank and Signature Bank,…

    03/16/2023
    71
  • Preventing Panic: The Importance of EU Banking Regulation

    According to reports, Markus Ferber, an influential European Parliament member, said that regulators should try to prevent panic from spreading after the collapse of Silicon Valley Bank (SVB). He said that EU banking regulators should check whether European banks are vulnerable to interest rate shocks, just like the interest rate shocks that bankrupted the California bank last Friday. Members of the European Union: Regulators should try to prevent the spread of panic after the collapse of banks in Silicon Valley Analysis based on this information:The recent collapse of Silicon Valley Bank (SVB) has raised concerns about the stability of the banking sector in the European Union (EU). In response, Markus Ferber, an influential European Parliament member, has called for regulators to take action to prevent panic from spreading. Ferber emphasized the need for EU banking regulators to check whether European banks are also vulnerable to interest rate shocks, which led to the bankruptcy of SVB last Friday. Ferber’s concerns about…

    03/14/2023
    61
  • Joseph Lubin on the Importance of Cooperation and Innovation in the Cryptocurrency Ecosystem

    On March 6, Joseph Lubin, the founder and CEO of ConsenSys, said in an interview at ETH Denver, \”Similar to L1, we have a group of customer teams that compete …

    03/06/2023
    73
  • CEO of Coinbase Asserts that Pledge Products are not Securities

    According to reports, Brian Armstrong, chief executive of Coinbase, said in an interview with Bloomberg TV that the pledge products of Coinbase are not securit…

    03/02/2023
    72
  • Ripple Middle East to Collaborate with Regulators for Central Bank Digital Currency

    On March 1, Brooks Entwistle, Managing Director of Ripple Middle East, spoke about the company\’s efforts and objectives in the field of central bank digital cu…

    03/01/2023
    167
  • US Regulators Aim to Stabilize Currency Market, Causing Concern for BUSD and Binance

    It is reported that stabilizing the currency market has become a major goal of US regulators. After the news that BUSD (the dollar-based stable currency of Bin…

    02/22/2023
    70
  • Kraken CEO Accuses Regulators of Negligence in Battling Crypto Scams

    According to reports, Jesse Powell, the founder and CEO of Kraken, tweeted that the regulators ignored their warnings about fraud and fraud and deliberately co…

    02/21/2023
    66