Aave has surpassed $50 billion in crypto deposits, becoming the first DeFi protocol to rival …
Banks
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Adoption
OCC, Fed, FDIC publish joint guidance for banks offering crypto custody
by shayaanby shayaanThe Office of the Comptroller of the Currency (OCC), the Federal Reserve Board (Fed), and …
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Markets
Banks Given Green Light to Custody Crypto Ahead of Key Legislation Voting
by shayaanby shayaanThe United States lawmakers are preparing for important votings on several crypto-related bills this week. …
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Regulations
Banks With One ‘Deficient’ Rating Could Still Be Considered ‘Well Managed’ Under New Federal Reserve Proposal
by shayaanby shayaanThe U.S. Federal Reserve is mulling a rule change that would allow banks with one …
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DeFi
Stablecoin banks like Erebor could inherit DeFi’s weakest links, says Web3 security firm
by shayaanby shayaanAs Erebor fills the void left by the collapsed SVB, experts are warning about the …
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Scams
How a Hacker Spent Only $2.7K to Steal $140 Million From Brazilian Banks
by shayaanby shayaanIn brief Hackers stole $140 million from a network of Brazilian banks connected to the …
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Analysis
JPMorgan Chase Predicts Massive Correction for Circle (CRCL) – Here’s the Bank’s Price Target: Report
by shayaanby shayaanJPMorgan analyst Kenneth Worthington reportedly expects the stock of the New York Stock Exchange-listed stablecoin …
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Smart Contracts
Trump Blames Biden for Banks Blocking Crypto: ‘There Is a Lot of Debanking’
by shayaanby shayaanIn short President Trump called the practice to refuse bank services to crypto companies and …
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Markets
Asia Morning Briefing: Asia's Banks Look to Stablecoins to Prevent Deposit Flight
by shayaanby shayaanGood Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, …
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Regulations
Powell reaffirms Fed has no issues with banks conducting crypto activities
by shayaanby shayaanFederal Reserve Chair Jerome Powell reaffirmed that the central bank does not object to U.S. …