# FTX-linked Moonstone bank to exit the crypto space

# FTX-linked Moonstone bank to exit the crypto space

” FTX-linked Moonstone bank to exit the crypto space “ Moonstone Bank, a rural Washington state bank that received an estimated $11.5 million investment from FTX’s sister company, Alameda Research, says that it will be exiting the crypto space and returning to its “original mission” as a community bank.  In a Jan. 18 statement, the bank…

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#How Goldman Sachs laid off 3,000 workers in a day

#How Goldman Sachs laid off 3,000 workers in a day

“How Goldman Sachs laid off 3,000 workers in a day” Laid-off bankers are griping that Goldman Sachs used chilling, underhanded tactics as it mounted this week’s bloodbath that claimed more than 3,000 employees, The Post has learned. Insiders claim the Wall Street giant — whose Wednesday layoffs were dubbed “David’s Demolition Day” after CEO David…

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# German regulator warns of new banking and crypto malware ‘Godfather’

# German regulator warns of new banking and crypto malware ‘Godfather’

” German regulator warns of new banking and crypto malware ‘Godfather’ “ Financial authorities in Germany are raising the alarm amid the rapid spread of a new financial malware affecting banking and cryptocurrency applications. Germany’s Federal Financial Supervisory Authority (BaFin) released an official statement on Jan. 9, warning consumers of “Godfather,” a malware collecting user…

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# What is institutional DeFi and how can banks benefit?

# What is institutional DeFi and how can banks benefit?

” What is institutional DeFi and how can banks benefit? “ Financial services institutions and banks have increasingly engaged with Web3 since 2020. This is also true within institutional decentralized finance (DeFi), as several potential use cases have emerged that could trigger a new wave of innovation within these organizations.  Institutional DeFi does not refer…

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