UBS Group Reportedly Makes Bid To Acquire Struggling Credit Suisse.
The SVB has recently initiated a chapter 11 bankruptcy. The sale involves 100% of the outstanding shares.UBS Group AG, a private Swiss bank, has reportedly made a bid to acquire…
U.S Fed and Other Central Banks Take Coordinated Action to Assure Dollar Liquidity
The ECB and other central banks will provide daily 7-day US dollar operations.From Monday, through at least the end of April, these ordinary processes will take place.The U.S. Federal Reserve…
Bitcoin’s Bear Market Ends, Was $28k the Evidence?
Bitcoin recorded over 22% surge in the last 7 days.The current trending BTC prediction is “$1M in 90Days” by former Coinbase CTO.Bitcoin (BTC) marked this year’s second high above $28,000…
Member of European Parliament Advocates Ban on Crypto Amid Bank Crisis.
In the United States, Silicon Valley Bank and Signature Bank both failed. Van Overtveldt is an ex-Belgian finance minister and member of the European Parliament.In light of the present financial…
MakerDAO Votes in Favor of Increasing Existing U.S Treasury Holdings
DAI’s stablecoin liquid backing is being diversified by exposure to real-world assets. 70% of Maker’s total income came from RWA-based investments. The DAI stablecoin’s issuing body, MakerDAO, has voted in…
Microsoft Reportedly Integrating Support For Crypto and NFT in Edge Browser.
The wallet will be integrated into Edge rather than an add-on. The Interface is straightforward when it comes to NFTs, with search functionality.A Web3 wallet that supports cryptocurrencies and non-fungible…
English Premier League Player Gustavo Scarpa Loses £1 Million To Crypto Scam
Manager Steve Cooper says Nottingham Forest are supporting midfielder Gustavo Scarpa after he reportedly lost almost £1m in a cryptocurrency scam. Forest allowed the 29-year-old, who joined in January, to…
Ethereum L2 Rollup Arbitrum Soon to Initiate Its Token Airdrop
56% of the ARB token supply is allocated to the community. The newly launched Arbitrum Orbit will enable the launch of layer 3 blockchains.Arbitrum, the popular Ethereum Layer 2 rollup…
India and UAE To Test CBDC Interoperability
RBI and UAE signed the MoU for the development of CBDC. Reportedly, 50,000 users and 5000 merchants started using digital currency.India’s central bank, the Reserve Bank of India (RBI), announced…
New York Court Denies Request to Halt Binance’s Voyager Deal.
The court denied the government’s request to halt the Binance’s Deal. Judge Wiles confirmed that the current stay end on March 20.The District Court of New York denied the government’s…