Month: March 2023
World’s Largest Asset Manager Blackrock Predicts No Fed Rate Cuts This Year
The world’s largest asset manager, Blackrock, does not see the Federal Reserve cutting interest rates this year. “That’s the old playbook when central banks would rush to rescue the economy as recession hit. Now they’re causing the recession to fight sticky inflation – and that makes rate cuts unlikely, in our view,” said the firm’s […]
Kraken Becomes Official Sponsor of F1 Team Williams Racing
Did you think Crypto-F1 deals were over? Kraken has just signed a sponsorship contract with the top F1 team Williams Racing.
Volt Inu Partners With OKX to Enable OKX Wallet Web Extension Users to Access Voltichange
PRESS RELEASE. Volt Inu, the innovative crypto project and leading decentralized exchange (DEX) platform, announced a significant partnership with OKX, one of the top exchanges in the crypto industry, on March 27, 2023. Volt Inu’s Twitter announcement revealed that the two companies would be teaming up to leverage their respective Web3 capabilities. As part of […]SBF is Paying His Legal Fees Using Alameda’s Money: Report
Buried in a mountain of charges from the Justice Department, Former FTX CEO Sam Bankman-Fried (SBF) is reportedly paying his legal fees with money gifted to his father that was initially borrowed from his trading firm, Alameda Research. The multi-million dollar revelation comes after Bankman-Fried claimed in late November that he had just $100,000 left […]
FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense
According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm Alameda Research to his […]Hollywood Actor Matt Damon Explains Why he Appeared on Crypto.com Ad
Damon disclosed that Crypto.com’s $1 million financing to his charity foundation had been the main reason for his involvement in the commercial.
Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations
On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were mentioned. Senate Banking Committee chairman Sherrod Brown claimed on Tuesday […]The US Banking Crisis Isn’t Over Yet: Joe Biden
According to President Biden, there are chances of further problems in the banking industry.
Will the ‘TikTok Ban’ Bill Also Be a Threat to Bitcoin?
The RESTRICT Act could theoretically be abused to ban Americans from using Bitcoin, according to experts.
Disney Scraps Metaverse Division as Part of Restructuring Plan: Report
It is unclear if Disney will continue to work on its metaverse ambition through other teams.
