/wholesale banking

News and resources on transaction banking, corporate banking and supply chain finance.

Paige McNamee

Why did SVB collapse?

Paige McNamee - Finextra Research
Discussion
North Korean hackers preparing to cash out $40 million in stolen bitcoin
Ketharaman Swaminathan

Ketharaman Swaminathan

  2012: Bitcoin was a good way to do crime in 2012. 2023: Bitcoin is a bad way to do crime in 2023. Also 2023: Bitcoin is retrospectively a bad way to have done crime in 2012. Exhibit A: Ability of Chainalysis and other blockchain tooling to help solve crime with retrospective effect. Also Exhibit A: USA v. James Zhong. H/T @matt_levine
North Korean hackers preparing to cash out $40 million in stolen bitcoin
A Finextra Member

A Finextra member

  And the blockchain/crypto world offered us unrivalled security - and no nuclear power plant could ever suffer a major malfunction and... trust me I'm a Doctor (or maybe trust me - I am a Nurse.... NOT!  
North Korean hackers preparing to cash out $40 million in stolen bitcoin
Rocky Stefano

Rocky Stefano

  Can't wait to see which "private" exchange is going to ignore that much bitcoin on a discounted basis..,
Survey suggests industry divided on CBDCs
Nick Ogden

Nick Ogden

  This result is not surprising. Whenever you innovate you get those that embrace and those that fear the impact. Part of the issue with a mixture of CBDC variants is that it needs a clear global demonstration of how a particular, say wCBDC could work. This would demonstrate its benefits, risks and issues to banks and regulators alike. The corollary is that we all now accept Swift, and the global interoperability of the Card schemes, but I wonder if a poll like this had been undertaken when the idea was proposed, what the results would have been? Anyone remember traveller or eurocheques ? Right for the time and now obsolete ?   
Scott Hamilton

Which banks are at risk after the SVB collapse?

Scott Hamilton - Contributing Editor, Finextra