Michael Burry Compares Current Banking Turmoil to Panic of 1907 — Highlights Markets Bottoming 3 min read big short investor Michael Burry Compares Current Banking Turmoil to Panic of 1907 — Highlights Markets Bottoming Michael Burry, a hedge fund manager renowned for predicting the 2008 financial crisis, has drawn parallels between...Read More
Blackrock Warns of Unprecedented Recession for 2023, Bull Markets Not Returning 3 min read Blackrock Blackrock Warns of Unprecedented Recession for 2023, Bull Markets Not Returning admin December 13, 2022 Blackrock, one of the largest asset management companies in the world, has warned that 2023 will be...Read More
A Dozen Digital Assets Record Double-Digit Gains as Crypto Markets Begin to Heal After FTX’s Collapse 3 min read $800 Billion Zone A Dozen Digital Assets Record Double-Digit Gains as Crypto Markets Begin to Heal After FTX’s Collapse admin November 27, 2022 At the time of writing the global cryptocurrency market capitalization is hovering around $842 billion on Sunday,...Read More
Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies 3 min read Authority Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies admin November 27, 2022 Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication...Read More
4 Years After the 2017 Law Enforcement Takedown, Alphabay Is Once Again the King of Darknet Markets 4 min read Alexandre Cazes 4 Years After the 2017 Law Enforcement Takedown, Alphabay Is Once Again the King of Darknet Markets admin November 4, 2022 Following the demise of the largest darknet marketplace (DNM) in mid-July 2017, the underground market Alphabay returned...Read More
Thailand and Hungary Partner to Promote Blockchain Tech in Financial Sector 3 min read agreement Thailand and Hungary Partner to Promote Blockchain Tech in Financial Sector admin October 30, 2022 Industry associations from Hungary and Thailand plan to cooperate on implementing blockchain technologies in the financial services...Read More
Treasury Secretary Janet Yellen: US Financial Stability Risks Could Materialize, Cites ‘Dangerous and Volatile Environment’ 2 min read Economics Treasury Secretary Janet Yellen: US Financial Stability Risks Could Materialize, Cites ‘Dangerous and Volatile Environment’ admin October 26, 2022 Treasury Secretary Janet Yellen has warned that financial stability risks could materialize in the U.S. Noting that...Read More
Solana-Based Defi Protocol Mango Markets Loses $117 Million in Hack, Exploit Allegedly Revealed in Project’s Discord in March 3 min read $117 million Solana-Based Defi Protocol Mango Markets Loses $117 Million in Hack, Exploit Allegedly Revealed in Project’s Discord in March admin October 13, 2022 According to various reports, the Solana-based trading and lending platform Mango Markets was hacked as a malicious...Read More
Bank of Japan Intervenes in Foreign Exchange Markets After Yen Slips to 24-Year Low 4 min read 1998 Bank of Japan Intervenes in Foreign Exchange Markets After Yen Slips to 24-Year Low admin September 22, 2022 While the greenback has been rising higher, the Japanese yen tapped a 24-year low and Japan decided...Read More
Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors 3 min read asic crypto Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors admin September 13, 2022 Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets...Read More
IMF Sees Significant Increase in Correlations Between Bitcoin and Asian Equity Markets 2 min read IMF IMF Sees Significant Increase in Correlations Between Bitcoin and Asian Equity Markets admin August 23, 2022 Officials at the International Monetary Fund (IMF) say that the correlation between the performance of the Asian...Read More
Moroccan Capital Markets Regulator Launches Fintech Portal 2 min read AMMC Moroccan Capital Markets Regulator Launches Fintech Portal admin August 11, 2022 The Moroccan Capital Market Authority (AMMC), the capital markets regulatory body in Morocco, announced recently that it...Read More