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- Trading Like a Lehman Moment” – Credit Suisse and Deutsche Bank suffer painful valuations as bank credit default insurance approaches 2008 levels
- Step-by-step guide on how to access ETHW tokens if you held ETH before merge
- U.S. Senators Introduce “No Digital Dollar Act” to Bar Treasury and Fed from Interfering with Americans Who Use Paper Money
- Japanese gaming giant Sega launches first blockchain game
In this week’s edition of Bitcoin.com News Week in Review, two of the world’s largest banks, Credit Suisse and Deutsche Bank, have seen credit default insurance levels in the 2008 financial crisis last seen, and are struggling with distressed valuations. For those interested in assets outside of these giant trafi (traditional finance) institutions, a handy guide on how to claim ETHW tokens from the recent Ethereum hard fork is also included in this issue. In addition, the issue also highlights a U.S. Senator’s No Digital Dollar Act and Japanese video game giant Sega’s plans to launch its first blockchain game.
Trading Like a Lehman Moment” – Credit Suisse and Deutsche Bank suffer painful valuations as bank credit default insurance approaches 2008 levels
It has been more than a decade since the financial crisis of 2007-2008, when Lehman Brothers, the fourth largest investment bank in the United States, failed and filed for bankruptcy. Nearly 14 years later, Credit Suisse and Deutsche Bank, two of the world’s largest banks, are suffering painful valuations and bank credit default insurance levels are approaching levels not seen since 2008.
Step-by-step guide on how to access ETHW tokens if you held ETH before merge
new With the launch of the Ethereumpow (ETHW) network, Ethereum holders are eligible to receive one ETHW per Ether they own. Below is a brief guide showing Ethereum holders how to access their ETHW tokens using a wallet like Metamask.
U.S. Senators Introduce “No Digital Dollar Act” to Bar Treasury and Fed from Interfering with Americans Who Use Paper Money
Members of Congress have introduced the “Digital Dollar Ban Act to prohibit the U.S. Treasury and Federal Reserve from interfering with Americans’ use of paper currency” if a central bank digital currency is adopted. The bill further states.” No central bank digital currency shall be considered legal tender under 31 U.S.C. § 5103.”
Japanese gaming giant Sega launches first blockchain game
Sega, one of Japan’s leading video game companies, has announced the launch of its first blockchain game in collaboration with Double Jump Tokyo, another Japanese developer. The game, based on Sega’s Sangokushi Wars franchise, will be built using Oasys, a Japanese project specializing in scaling, to support its blockchain elements.
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