insurance coverage
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Cream Finance Hack: Attackers Exchange 1 Million DAIs for 529 Ethereum
According to reports, according to PeckShield monitoring, Cream Finance attackers exchanged 1 million DAIs for approximately 529 Ethereum and transferred them to addresses starting
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The US Midsize Banking Alliance requires the FDIC to provide two-year insurance for all deposits
On March 20th, the US Midsize Banking Alliance sent a letter to the US Treasury, the Federal Deposit Insurance Corporation, the Office of the Comptroller of Currency, and the Federal Reserve, requesting that the insurance coverage of the Federal Deposit Insurance Corporation (FDIC) be extended to all deposits in the next two years, with the relevant costs borne by the banks themselves. In its letter, the organization stated that expanding insurance coverage could immediately prevent a significant outflow of deposits from smaller banks and prevent more bank closures. The organization…
