Tag: Deposits
European Central Bank CBDC Can End Bank Crises, Better Than Deposits, Says Former Bank of Spain Chief Ordóñez
"Digital euros are euros, but bank deposits are not euros. Deposits are just promises to pay euros, and if banks can't fulfill those promises, then yo [...]
Binance to terminate Russian ruble deposits next week
Cryptocurrency exchange Binance is progressing with its exit from Russia and is preparing to terminate local currency deposits next week.Binance will [...]
HSBC and Ant Group test tokenized deposits under HKMA sandbox
Banking giant Hong Kong and Shanghai Banking Corporation (HSBC) have tested the use of tokenized deposits – from issuance to transfer to redemption – [...]
Sam Bankman-Fried denies knowledge of moving FTX deposits to North Dimension: Report
Testifying in court but without the jury for his criminal trial present, Sam “SBF” Bankman-Fried faced questions from prosecutors who pressed the form [...]
Sam Bankman-Fried thought ‘taking FTX deposits through Alameda was legal’: Report
Former FTX CEO Sam “SBF” Bankman-Fried addressed a New York courtroom under oath without the 12-member jury present.According to reports from the cour [...]
Crypto Exchange Binance Says It Has New Euro Fiat Partners for Deposits, Withdrawals
The company has signed agreements with "a number of new regulated and authorized fiat partners" to provide EUR services for its users in Europe, accor [...]
Atomic Wallet freezes $2M in ‘suspicious deposits’ on exchanges
Hacked cryptocurrency wallet Atomic Wallet has frozen $2 million in “suspicious deposits” in a joint effort with major crypto exchanges.Announcing the [...]
Secret Alameda recording reveals exact moment staff learned about FTX deposits
A 75-minute secretly recorded audio clip of Caroline Ellison has revealed the exact moment 15 former Alameda Research staff found out the hedge fund w [...]
FTX deposits went to account controlled by Alameda for months, Yedidia testifies
Adam Yedidia, Sam Bankman-Fried’s college roommate and an early employee of FTX, continued his testimony on Oct. 5, the second day of former FTX CEO B [...]
Curve Founder Michael Egorov Deposits $35M CRV to Settle Debt on Aave
Curve founder Michael Egorov has deposited 68 million CRV tokens ($35 million) to settle his entire debt position on DeFi lending platform Aave, accor [...]
Deposits of Counterfeit APT Tokens Temporarily Shuts Down Aptos Withdrawals on Upbit
During the deposit process of $APT coins on UpBit, there was an oversight in verifying type arguments, causing all transfers to be identified as nativ [...]
Turkey begins rolling back costly FX-protected deposits
Woman holds Turkish Lira banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsANKARA, Aug 20 (R [...]
Turkey Sets Target for Lenders to Reduce FX-Linked Deposits
Turkey took the first step away from a tool introduced to arrest currency depreciation, as the central bank set a target for banks to reduce their sha [...]
It Wants to Earn Interest on Your Deposits
These changing conditions would make a stablecoin vastly more appealing for PayPal, for two straightforward reasons. First, as Da Ponte implied, the e [...]
Whale Deposits Nearly $210M Worth of USDT and Ether (ETH) to Huobi
These transactions come as outflow from Huobi continues. Data from Nansen.ai shows that in the last week, $92.2 million in Ethereum-based tokens have [...]