FDIC Report Reveals Poor Management Led to Signature Bank Collapse
April 30, 2023
The United States Federal Deposit Insurance Corporation’s (FDIC) evaluation of Signature Bank (SBNY) has revealed that inadequate risk management practices and poor…
Read More >
Circle Launches Cross-Chain USDC Transfer Protocol
April 30, 2023
This week saw a number of developments in the world of web3, from Circle launching a cross-chain USDC transfer protocol to Visa…
Read More >
FDIC Requests Cross River Bank to “Self-Correct” Weaknesses
April 30, 2023
The Federal Deposit Insurance Corporation (FDIC) has requested that Cross River Bank – known for its services to fintech and crypto firms…
Read More >
Twitter Creators Can Now Monetize Content Worldwide
April 29, 2023
Twitter has been experiencing a wave of changes ever since Tesla CEO Elon Musk took over the platform. Musk has introduced several…
Read More >
House Committees to Introduce Crypto Bill in 2 Months
April 29, 2023
The U.S. House Financial Services Committee, under the leadership of Chairman Patrick McHenry, is set to hold a series of joint hearings…
Read More >
US Bank Regulators Confess After High-Profile Failures
April 29, 2023
The U.S. banking sector has been in the spotlight since March, when multiple high-profile bank failures occurred. The Federal Reserve Board recently…
Read More >
Mastercard Launches Crypto Credential Solution to Enhance Verification Standards
April 29, 2023
Mastercard, a leading global financial services provider, has unveiled a new Web3 solution in a bid to increase user verification standards and…
Read More >
ChatGPT Reallowed in Italy After Privacy Concerns Addressed
April 29, 2023
The popular interactive artificial intelligence (AI) chatbot, ChatGPT, has been reinstated in Italy after addressing the privacy concerns raised by the region’s…
Read More >
EU Votes to Regulate AI Use, Creates Risk Levels
April 28, 2023
The use of AI and machine learning (ML) in content creation has been on the rise, and with it, so too have…
Read More >
