Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In a recent update on Thursday, the company stated that there is still a risk...
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Coinbase Suspends Silvergate Bank Transactions Amid Payment Disruption
Coinbase, one of the world’s largest cryptocurrency exchanges, has temporarily suspended transactions with Silvergate Bank, one of its key partners. This move has surprised many users and caused concern in the crypto community. Coinbase...
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Cornell Professor Warns of Disruption to US Bond Market From Potential Collapse of Major Stablecoin
A professor from Cornell University has warned about the potential effects a collapse of a major stablecoin could have on the U.S. bond market. Eswar Prasad said that if large stablecoins face a collapse,...
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Retail Giant Walmart Outlines Crypto Strategy — Executive Foresees a Lot of Disruption in Payment Options
Walmart’s global chief technology officer has revealed crypto’s role in the retail giant’s future. “Crypto will become an important part of how customers transact,” the executive said. “We want to make sure that we...
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