First Citizens agreed on Sunday to acquire the failed lender’s retail operations, a move that will cost taxpayers but is reassuring investors.
Category: Coinbase Inc
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Markets Climb as Silicon Valley Bank Finally Finds a Buyer
The New York Times – Business: -
Investors Try to Parse Jay Powell and Janet Yellen’s Next Moves on Banks
The New York Times – Business:Jerome Powell, the chair of the Federal Reserve, and Treasury Secretary Janet Yellen said that more must be done to rein in banks. What that looks like is unclear.
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Why Lawmakers Aren’t Rushing to Police A.I.
The New York Times – Business:Artificial intelligence tools are proliferating throughout society, and getting more powerful. Washington has failed to keep pace.
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Crypto Ads Noticeably Missing From This Year’s Super Bowl Commercials
The New York Times – Business:At this year’s Super Bowl, crypto ads are nowhere to be found.
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The S.E.C. Charges Kraken Over Staking, Worrying Crypto Executives
The New York Times – Business:Cryptocurrency executives worry that charges against Kraken, a popular exchange, over the business known as staking would further chill their industry.
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Ex-Coinbase Employee Pleads Guilty to Insider Trading
The New York Times – Business:The case was part of a crackdown on an old-school financial crime in the crypto world.
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Bitcoin Price Rallies to Recoup Losses Since FTX Collapse
The New York Times – Business:Investors have pushed the cryptocurrency above $21,000, and other digital tokens have risen as well.
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Oliver Stone Goes Nuclear at Davos
The New York Times – Business:At the World Economic Forum, the provocative filmmaker received a warm reception for his film promoting nuclear power.
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The S.E.C.’s Crypto Crackdown Intensifies
The New York Times – Business:The agency has charged the crypto trading firms Genesis Global Capital and Gemini with operating an illegal lending service that lost customers millions.