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More 186 US banks well-positioned for collapse, SVB analysis reveals

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Rising interest rates, which brought down the U.S. banking system’s market value of assets by $2 trillion, combined with a large share of uninsured deposits at some U.S. banks, threatens their stability.

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Coin Market

Crypto spy jailed for life in China, YouTuber accused of $230M fraud: Asia Express

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Chinese public servant jailed for for selling state secrets for crypto, and Korean YouTuber accused of fleecing $230M from 15,304 followers.

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Coin Market

Bitfinex hacker sentenced to 5 years in prison

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US authorities arrested Ilya Lichtenstein and his wife, Heather Morgan, in 2022 for laundering Bitcoin connected to the Bitfinex exchange.

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Coin Market

Trump mulls tapping crypto-friendly CFTC chair: Report

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Summer Mersinger, a Republican CFTC commissioner who has urged the regulatory to take a more accommodating stance on crypto, is among those under consideration

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