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• The article discusses the history and dangers of fractional-reserve banking in the United States, which was recently brought to light after the failure of Silicon Valley Bank (SVB). • Fractional-reserve banking is a system of bank management that only holds a fraction of bank deposits, with the remaining funds invested or loaned out to […]

• The value of digital assets under management (AUM) for digital asset investment products in February rose to $28.3 billion, the highest number recorded since May 2022. • Bitcoin and Ethereum continue to account for the lion’s share of the digital assets under management. • Grayscale is still the most dominant asset management firm with […]

• A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. • The Cohasset Police Department alleges that Nadeam Nahas stole nearly $18,000 in electricity to power the crypto mining scheme. • Nahas is facing charges of school vandalism and […]

• NFEX has completed a $3 Million seed round of investment from ABCDE Capital, Amber Group and Firestone Ventures. • NFEX is a decentralized derivatives exchange that offers perpetual swaps trading across popular blue chip NFTs and other crypto assets. • The public launch of NFEX is around the corner. NFEX Raises $3M Seed Round […]

• FTX debtors are requesting the return of millions of dollars given to U.S. political action committees (PACs) and political figures by February 28, 2023. • It is estimated that Sam Bankman-Fried and other FTX executives donated $90 million to US politicians and PACs since the exchange’s inception. • FTX debtors have issued a press […]

• Robert Kiyosaki, author of Rich Dad Poor Dad, warns of a global recession with soaring bankruptcies, unemployment, and homelessness. • He noted that there is good news for investors looking for “bargains” such as gold, silver, and bitcoin. • In September last year, the World Bank reported that the risk of a global recession […]

• Investors are reportedly interested in purchasing the cryptocurrency news publication Coindesk after the subsidiary of Digital Currency Group, Genesis Global Capital, filed for bankruptcy protection. • Charles Hoskinson, co-founder of Ethereum and founder of Cardano, has expressed interest in buying Coindesk and sources have indicated that the asking price is around $200 million. • […]

• Cosmos (ATOM) raced higher for a second straight session, moving closer to a key resistance level of $12.50. • Solana (SOL) also moved higher on Friday, bouncing from a key support point. • The 14-day relative strength index (RSI) for both tokens remains below its own ceiling, with ATOM at 65.85 and SOL at […]