According to the Federal Reserve, U.S. bank deposits were 18.519 trillion dollars last week, compared with 18.484 trillion dollars the week before.
Federal Reserve: In the week ended December 17, the Fed's reserve balance fell to $2.93 trillion, down $40.10 billion from the previous week. The level hit its lowest level since December 3 this year.
The Securities Exchange Commission (SEC) has filed charges against Danh C. Vo, founder and CEO of bitcoin mining company VBit, alleging that he misappropriated $48.50 million, some of which was used for gambling and buying gifts for his family. Vo, 37, and VBit Technologies Corp. raised more than $95.60 million from about 6,400 investors, according to an indictment filed Wednesday by the SEC in federal district court in Delaware. The SEC alleges Vo lied to investors about how his bitcoin mining ...
TORICO, a growth market-listed company on the Tokyo Stock Exchange that operates platforms such as "Manga Full Volume", announced on December 17 that it has signed a capital business cooperation agreement with Mint Town, which is expanding its business on the Web3 gaming platform. According to the agreement, TORICO will raise about 4.70 billion yen (about 30.17 million US dollars) through the fund operated by Mint Town and other channels, and plans to use the full amount of the proceeds to purch...
According to THE BLOCK, ETHGAS completed 12 million USD token financing, launched the Ethereum Blockspace futures market, and promised to provide 800 million USD liquidity.
On December 12th, the Arbitrum DAO is voting on a $1.50 million program designed to reward delegates for actively voting. The proposal was released on November 19th with the goal of reducing voter apathy and increasing active voting rights. According to the proposal, delegates need to meet the following conditions to receive the reward: hold at least 200,000 ARB voting rights, vote on the proposal, and publicly release the reason for voting within five days. The amount of the reward depends on t...
According to the Institute of Investment Companies (ICI), U.S. money market fund assets hit a record high of $7.655 trillion.
The Federal Reserve is preparing to expand its balance sheet again by buying short-term Treasuries in an effort to prevent stress in the overnight lending market, which is crucial to the broader financial system. The Fed said it would begin expanding its balance sheet this month by buying $40 billion of treasury securities and planned to taper off the new purchases sometime next year.
According to market news, the M2 money supply in the United States reached 22.30 trillion dollars, a record high.
Federal Reserve: U.S. bank deposits last week 18.526 trillion dollars, the previous week 18.428 trillion dollars.