Fiat – Bitcoin trading

‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion

March 11, 2023 admin Balance Sheet, Bank Failure, Bank Run, banking tech startups, Bankruptcy, collapse, contagion, deposits, Economist, FDIC, Fiat, Galaxy Digital, illogical inverted yield curve, interest rates, long-duration treasuries, long-term treasuries, News, Peter Schiff, policy mistake, Powell, rate hikes, Shapeshift, short-term Treasuries, Silicon Valley Bank, Silvergate Bank, speculators, subprime mortgages, SVB, SVB deposits, U.S. Federal Deposit Insurance Corporation, U.S. Federal Reserve, unqualified buyers, Venture Capital, Venture Capitalists, Withdrawals, Yellen

Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation

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Deadline Approaching: Mt Gox Trustee Sets Final Cut-off Date for Creditors to Claim Over $3 Billion in Recovered Bitcoin

March 9, 2023 admin Bankruptcy, BCH, bitcoin cash, Bitcoin exchange, BTC, Challenges, claims, creditors, Cryptocurrency, cryptocurrency industry, Fiat, final cut-off date, fund transfer provider, Impact, inquiries, Mt Gox, News, Nobuaki Kobayashi, recovered bitcoins, rehabilitation committee, remaining creditors, repayment claims, repayment deadline, repayment methods, repayment options, repayment process, response time, Shibuya, stolen, Tokyo, Trustee

The Tokyo bankruptcy court trustee for the defunct Japanese bitcoin exchange Mt Gox, Nobuaki Kobayashi, has published a letter stating

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Nvidia Projects Automotive Industry to Include Metaverse Tech in Its Operations in 2023

December 13, 2022 admin ai, automotive, Fiat, Ford, industrial, Metaverse, Nvidia, Renault, retail, stellantis

Nvidia, a graphics processing unit and artificial intelligence (AI) company, believes that 2023 could mark the start of a metaverse-driven

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Crypto Exchange Bybit to Add New Restrictions for Unverified Users, Update Withdrawal Limits

December 12, 2022 admin Bybit, Clients, Coins, Crypto, crypto exchange, Cryptocurrencies, Cryptocurrency, Customers, Exchange, Exchanges, Fiat, Identity, Know-Your-Customer, KYC, limits, nft, NFTs, Purchases, restrictions, sales, Sanctions, users, Verification, Withdrawals

Cryptocurrency exchange Bybit has announced upcoming changes to its know-your-customer (KYC) policy that will limit certain operations for unverified customers.

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US Inflation Rate Jumps Highest in 40 Years to 7%, Democrats Concerned Inflation Will Haunt the Party

January 13, 2022 admin American Economy, analyst, Biden Administration, CNN, consumer price index, Cost of goods, Cost of Services, CPI, Dollar, Economics, Economist, Economy, Fiat, headlines, inflation, Inflation Rise, Inflation Spike, Jack Dorsey, Jared Bernstein, Jim Sciutto, Joe Biden, Labor Department, Maeve Reston, Northman Trader, Peter Schiff, Rising Inflation, Shadowstats, Stephen Collinson, Sven Henrich, US Dollar, US Inflation, US Officials, USD

One of the hottest topics in the United States in 2022 is the rising inflation, as the U.S. Labor Department’s

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Digital Ruble Should Not Boost Inflation, Bank of Russia Says

November 17, 2021 admin Bank of Russia, CBDC, Central Bank, Chair, committee, conditions, Currency, Digital Currency, digital ruble, Elvira Nabiullina, Fiat, Finance, financial market, Governor, head, inflation, Money, Nabiullina, parliament, Payments, pilot, pilot project, project, ruble, Russia, russian, State Duma, tests, transactions, Trial

Bank of Russia is preparing for a prolonged trial of the digital version of the national fiat to ensure this

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Digital Ruble to Give Russians What They Need, Bank of Russia Governor Says

November 11, 2021 admin Bank of Russia, Bitcoin, CBDC, CBDCs, Central Bank, Chair, chairwoman, Crypto, Cryptocurrencies, Cryptocurrency, Digital Currency, digital ruble, Elvira Nabiullina, Fiat, Finance, financial stability, Governor, legal tender, Money, money surrogates, Nabiullina, Payments, ruble, Russia, russian, Stablecoins

The digital ruble is what Russian citizens need as it will facilitate inexpensive and reliable payments, the head of Bank

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Chinese Banks Seek New Applications for Digital Yuan in Investment and Insurance

September 1, 2021 admin applications, Bank of Communications, banks, Bocom, CBDC, CCB, China, china construction bank, chinese, Currency, Digital Currency, Digital Yuan, e-CNY, Fiat, Holders, Insurance, insurance companies, insurers, investment, investment funds, News, use cases, users, Wallets

Two Chinese banks are expanding their pilot programs for the digital national fiat. The state-owned financial institutions have revealed they

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Employer Wants Cryptocurrency Back From Employee After Price Soars 700%, Offers to Pay in US Dollars Instead

May 5, 2021 admin ask for crypto back, contractor, crypto payments, Employee, employer, Featured, Fiat, paid in crypto, paid with crypto, US dollars, USD

A company paid an employee for his work done in cryptocurrency. However, after the price of the cryptocurrency skyrocketed 700%,

Balaji Srinivasan Says Hyperinflation Happening Now — Makes Million-Dollar Bets on Bitcoin Price Exceeding $1M in 90 Days
Venture capitalist and angel investor Balaji Srinivasan says hyperinflation is happening now. Expecting the price of bitcoin to soon hit $1 million, he is making million-dollar bets that it will happen in 90 days. Srinivasan also advised investors to buy bitcoin, which he believes to be “a hedge against hyperinflation, monetary debasement, bank freezes, and
FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders
According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion, including customer claims and various other liabilities. FTX’s $6.8
LIVE: Watch stocks trade in real time as First Republic’s slide rattles Wall Street — 3/17/2023
The Dow Jones Industrial Average fell Friday as investors remained skittish on First Republic and other banks amid the industry’s crisis. First Republic slid 20% despite gaining nearly 10% in the previous session. The stock got a boost Thursday when a group of banks said it would aid First Republic with $30 billion in deposits
Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners
The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital assets. Crypto Companies in Russia Want to Take Part in
We’re in the middle of the banking crisis, says Odeon’s Dick Bove
Dick Bove of Odeon Capital, Herb Greenberg of Empire Financial Research and Liz Hoffman, Semafor business and finance editor, join CNBC's Brian Sullivan and 'Last Call' to discuss the recent banking crisis and how it could impact the Fed's rate decision next week.