Bitcoin24h $96,568.43+3.16%

Ethereum24h $3,467.22+4.04%

XRP24h $2.40+11.03%

BNB24h $711.03+0.44%

Solana24h $208.12+9.77%

Dogecoin24h $0.3395+7.08%

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Explained: Interlinking CBDCs and their potential impact

Banks experimenting with SWIFT’s interlinking CBDCs include the Hong Kong Monetary Authority and the National Bank of Kazakhstan.

Bad crypto bets helped to destroy Credit Suisse banker’s wealth firm

Francis Menassa invested $2.5M in trading platform BlockEx which, despite a successful ICO, was forced to lay off staff 12 months later.

The liquidation of Farmington State could see FTX and Alameda creditors get back some money from the $11.5 million 2022 investment.

FDIC-insured banks were warned to report accurate numbers for insured deposits… but the warning applies to depositors and investors, too.

Tether apparently bought nearly $50M worth of commercial paper from a subsidiary of Masraf Al Rayan, a bank fined $4M by the FCA.