Trump’s crypto project says it sold $550M in tokens Donald Trump’s World Liberty Financial crypto project announced it raised $250 million in its second token sale, bringing total sales to $550 million. Cheddar U.S. banking regulators announced on Thursday they were pulling back several documents that urge banks to show caution when dabbling in cryptocurrency and related activities. The Federal Reserve said it was
The founders of women-owned Fortuna Bank aim to help local business owners grow and thrive. Lisa Berger and Ilaria Rawlins had experienced plenty of success in their careers, but a novel idea to start a women-owned bank was an opportunity they couldn’t turn down. Berger and Rawlins met in 2006, when Berger—at the time a
Robinhood Markets Inc. (NASDAQ:HOOD) is transforming its business model by launching an integrated suite of financial services designed to attract retail investors seeking more sophisticated private banking and investment solutions. What Happened: The company introduced Robinhood Banking, a comprehensive offering that provides checking and savings accounts with a competitive 4% annual percentage yield and Federal
Merely two years ago, over seven weeks during the spring of 2023, the entire financial system nearly came crashing down when the United States experienced the second-, third- and fourth-largest commercial bank failures in its history. Between March 8, 2023, and May 1, 2023, Silicon Valley Bank (SIVBQ) ($209 billion in assets), Signature Bank (SBNY)