Banking

Existential threat? Why some banks are anxious about CBDCs
The prospect of a retail CBDC has some major banks anxious over their revenue streams.
Cointelegraph·2023/07/26 06:01

PacWest stock flash crash recovers after rescue merger with Banc of Cali
PacWest shares crashed 27% before recovering on a rescue acquisition by the smaller Banc of California.
Cointelegraph·2023/07/25 23:23

Binance's Euro Banking Partner to Halt Support of the Crypto Exchange in September
The exchange recently announced retreats from the U.K., Netherlands and Cyprus.
Coindesk·2023/06/29 18:05

BCB Group's Deputy CEO Departs After Failed German Bank Acquisition
The crypto banking firm said last week that it had ended its planned acquisition of Germany’s Sutor Bank, citing regulatory delays and market conditions.
Coindesk·2023/06/23 11:25
Flash
- 22:05US Democratic Lawmakers Urge Investigation into Musk by TrumpThirteen U.S. Senate Democrats sent a letter to President Trump on Friday (2nd), expressing concern that American entrepreneur Musk might use his government position as a senior advisor at the White House to facilitate overseas transactions for his business projects "for personal gain," and called for an investigation into this matter. (Jin10)
- 22:03GORK briefly surged over 107% before retreating, with a market cap temporarily reported at $75.4 millionOn May 5th, possibly influenced by Musk changing the X avatar, the Meme coin gork on the Solana chain surged over 107% in a short period before falling back. Its market value once soared to 100 million USD, now it has fallen back to 75.4 million USD.
- 22:03Total Net Inflow of Bitcoin ETFs Surpasses $40 Billion AgainOn May 4th, according to Farside data, the total net inflow of Bitcoin ETFs once again surpassed $40 billion, reaching $40.207 billion, approaching the historical high. The highest point of total net inflow for Bitcoin ETFs occurred on February 7th, reaching $40.78 billion.