Tag: drain

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Address Poisoning Scams Drain Millions as Crypto Attacks Surge

Crypto users lost tens of millions of dollars in January to address poisoning and signature phishing scams, as attackers exploited lower transaction costs and...

COMEX Silver Inventories Drain Rapidly as Short Squeeze Goes Full Swing

COMEX silver inventories are draining rapidly, signaling tightening physical supply as a short squeeze intensifies, raising delivery risks, fueling volatility, and underscoring mounting stress...

Four risks from stablecoins that drain $1.5tn from banks, says Standard Chartered – DL News

More than $1.5 trillion could flee the traditional banking system.US regional banks are the most vulnerable to this capital flight.Skirmishes between banks and stablecoin...

Standard Chartered Predicts Stablecoins Could Drain $500B From US Bank Deposits

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Stablecoins could pose a significant challenge to the US banking system over...

Support or Surrender? XRP Circles the Drain Near $1.85

XRP is trading at $1.89, down 1.2% today, which caps off a rather gloomy week of 2.4% losses and a two-week tumble totaling 8.4%....

Stablecoins Could Drain Trillions From Bank Deposits: Bank of America Flags $6T Risk That Could Redefine Lending

Stablecoin growth could siphon trillions from U.S. banks, shrinking lending capacity and raising borrowing costs, as Bank of America warns lawmakers that digital dollars...

Bank of America CEO says stablecoins could drain trillions in bank deposits

BofA CEO Brian Moynihan echoed other banks in warning that $6 trillion in bank deposits were at stake, even as he said the bank...