Oxfam's report reveals significant missing funds from climate financing. The World Bank faces criticism for lack of transparency in fund usage. Continue Reading:Oxfam Reveals $24 Billion Missing in World Bank Climate Funding The post Oxfam Reveals $2
Oxfam reports $24 billion in climate funds missing at the World Bank. The lack of transparency complicates evaluating climate finance effectiveness. Continue Reading:Oxfam Reveals Missing Climate Funds of $24 Billion at the World Bank The post Oxfam
Artist Alberto Echegaray showcases “Moneyballs,” spheres filled with shredded currencies, highlighting the shift to digital economies. The exhibition, opened on October 31, aims to promote discussion on the future roles and forms of money. The Centra
Billionaire Warren Buffett is buying a “high flying” asset after significantly reducing his exposure to the US banking industry, according to a new report. The renowned investor has sold $10.5 billion of Berkshire Hathaway’s stake in Bank of America
Dogecoin has had quite an eventful few days in terms of price action, trading volume, trading activity, and interest among investors. Dogecoin led the entire market in inflows, outperforming even Bitcoin in the past week. This momentum has introduced
Bankrupt crypto exchange FTX has reached settlement agreements with Evolve Bank and Silicon Valley Community Foundation (SVCF) that could enable it to recover up to $21 million in assets. According to Oct. 30 court filings, these settlements still re
De Nederlandsche Bank fined Bybit $2.4m for offering crypto services in the Netherlands without mandatory registration. The Netherlands‘ central bank, De Nederlandsche Bank, has fined Bybit €2.2 million ($2.4 million) for offering crypto services in
Russia is moving to ban cryptocurrency mining in energy-restricted regions, citing severe power shortages that could jeopardize long-term stability until 2030. Crypto Miners Face a Major Blow in Russia’s Energy-Restricted Zones Russian Deputy Energy
The Bank of England may introduce a digital pound if commercial banks fail to innovate payment systems effectively. BoE integrated Ripple’s Interledger Protocol into its RTGS system to explore advanced payment technology. The Bank of England (BoE) is
The Bank of Canada’s research revealed mixed views on the digital Canadian dollar and highlighted Canadians’ enduring trust in cash and card payments.
JPMorgan Chase is now taking legal action against customers who extracted money from the bank’s ATMs using an illicit banking “glitch.” The bank is suing people who allegedly pulled thousands of dollars from the banks’ ATMs over the summer using a ch
Stablecoin demand and adoption are poised to increase in Bolivia, as a bank has presented a USDT service suite for the first time. Bisa Bank, a private institution, now allows customers to purchase, sell, and keep USDT funds in the bank, leveraging i
Ripple’s CEO has revealed that his 25-year-old bank account was closed due to his role leading a crypto company, underscoring rising regulatory pressures and uncertain U.S. policies. Ripple CEO Brad Garlinghouse’s Bank Account Closed by Major Institu
Amid growing fears that Britcoin, the UK’s central bank digital currency (CBDC), is going to supplant cash, Bank of England (BOE) governor Andrew Bailey said that the central bank will continue to supply cash “for as long as people want.” Bailey was
In 1965, the Grateful Dead united as a musical group that not only redefined the music industry but upended the norms, setting a fresh and uncharted course. Playing in the Band Fueled by their psychedelic explorations, the Grateful Dead ignited pheno
The Central Bank of Brazil propped up tokenization and “open finance” as key elements of the future’s financial system. In a panel presentation before the IMF and the World Bank, the bank’s president stated that the intersection between these had bee
JPMorgan Chase, Bank of America and Wells Fargo are among six US banks that have not defined what an unauthorized transaction is, despite the term’s critical role in determining whether fraud victims will be reimbursed, according to a new report. The
A US regulator is accusing three bank employees of triggering nearly $1 million in losses at JPMorgan Chase and Citi. The Office of the Comptroller of the Currency (OCC) says Tanya Jazmin Cortez sold confidential customer information to a third party
Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central banks to increase their holdings. With concerns over fiscal instability and mounting interest payments, the bank forecasts gold coul
India considers new ban on crypto to support the digital rupee, and North Korean hackers are suspected to be behind two recent attacks.