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Federal Reserve Says Custodia’s Plans Would Endanger Itself and the Crypto Industry

Though the Fed admitted Custodia has sufficient capital and resources to launch, it has “fundamental concerns” about the sustainability of a crypto-focused bank.

Mar 24, 2023 at 5:42 p.m. UTC

A Three Arrows Capital Founder Talks About His New Crypto Bankruptcy Exchange

Kyle Davies, who created OPNX with 3AC partner Su Zhu, spoke to CoinDesk about their new venture, created in the wake of losing hedge fund customers $2.5 billion.

Mar 24, 2023 at 3:53 p.m. UTC

Binance Suffers Two-Hour Spot Market Outage Due to Software Bug

Exchange CEO Changpeng "CZ" Zhao described the outage as "unlucky."

Mar 24, 2023 at 11:45 a.m. UTC

Live Wire

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Discovery

Money Reimagined Podcast Cover

Banking, Crypto and the Future of Money

In this current system what is actually risky and who is affected by that risk?

Mar 24, 2023
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Binance's KYC Controls in Question; Greenpeace Vs. Bitcoiners, and More

The most valuable crypto stories for Friday, March 24, 2023.

Mar 24, 2023
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The Fed Hikes, Credit Tightens and Commercial Real Estate Looks Like the Next Problem for Banks

The U.S. central bank hiked interest rates by 25 basis points, even as credit tightens across the economy.

Mar 24, 2023
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Lunacy Episode 4: Our Twisted Hero

In the season finale, we look at the man behind the curtain – and tease out just how many crimes he committed.

Mar 21, 2023
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This Crisis Will Define the Future of Money

The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion, the echoes of crises in 2008 and 2013 are loud.

Mar 17, 2023

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