US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’

US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’

The banking industry in the United States is still struggling after the collapse of three major banks. According to statistics, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, which is the largest decline on record. Additionally, Elon Musk, a Tesla executive and owner of […]

Hong Kong finance secretary says time is ripe to invest in web3

Hong Kong finance secretary says time is ripe to invest in web3

Paul Chan Mo-po, the Hong Kong finance secretary, thinks this is the right time for the city to invest in web3 technology. Web3 is maturing According to reports on April 9, Mo-po is confident that despite the recent volatility witnessed in the cryptocurrency markets, marked by the collapse of major centralized exchanges and platforms, the […]

Binance US in der Schwebe wegen Problemen mit Bankpartnern

Binance US in der Schwebe wegen Problemen mit Bankpartnern

Binance .US, der US-amerikanische Zweig der Kryptowährungsbörse Binance Binance steht cash seiner Kunden verwaltet . Laut einem Bericht des Wall Street Journal sieht sich das Unternehmen nach dem Scheitern der Signature Bank und der Silvergate Capital Corp, die beide zuvor als kryptofreundliche Banken galten, mit Bankpartnerproblemen konfrontiert. Binance auf dem Prüfstand Berichten zufolge beeilt sich […]