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2008 ‘Lehman Moment About to Hit’ — Major Banks Suffer; How to Access Your ETHW, ‘No Digital Dollar Act,’ Sega Blockchain Game — Bitcoin.com News Week in Review – The Weekly Bitcoin News


In this week’s edition of Bitcoin.com News Weekly, two of the world’s largest banks – Credit Suisse and Deutsche Bank – are suffering from tough valuations, with credit default insurance like was last seen during the 2008 financial crisis. For those interested in assets outside of such huge tradfi (traditional finance) institutions, a helpful guide to this could also be found. how to claim your ETHW tokens from the recent Ethereum hard fork. Furthermore, a US senator has introduced the “No Digital Dollar Act” and Japanese gaming giant Sega will launch its first blockchain game.

2008 'Lehman's Moment of Success' - Big banks in trouble;  How to Get Your ETHW, 'No Digital Dollar Act', Sega Blockchain Game - Bitcoin.com News Week Reviewed

‘Trading like a Lehman moment’ – Credit Suisse, Deutsche Bank suffer tough valuation as banks’ credit default coverage nears 2008

It’s been more than a decade since the 2007-2008 financial crisis when Lehman Brothers, the fourth-largest US investment bank, collapsed and filed for bankruptcy. Nearly 14 years later, Credit Suisse and Deutsche Bank, two of the world’s largest banks, are suffering from tough valuations and their credit default insurance levels are reaching unprecedented levels. since 2008.

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2008 'Lehman's Moment of Success' - Big banks in trouble;  How to Get Your ETHW, 'No Digital Dollar Act', Sega Blockchain Game - Bitcoin.com News Week Reviewed

Step by step instructions on how to access your ETHW tokens if you hold ETH Before merging

With the launch of the new Ethereumpow (ETHW) network, ethereum holders are eligible to receive a unique ETHW for each ether they own. Following is a simple guide showing ethereum holders how to access their ETHW tokens using a wallet like Metamask.

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2008 'Lehman's Moment of Success' - Big banks in trouble;  How to Get Your ETHW, 'No Digital Dollar Act', Sega Blockchain Game - Bitcoin.com News Week Reviewed

US Senator Introduces ‘No Digital Dollar Act’ to Ban Treasury and Fed from Interfering with Americans Using Paper Money

A U.S. senator introduced the “No Digital Dollar Act to prohibit the U.S. Treasury Department and the Federal Reserve from interfering with Americans’ use of paper money” if a U.S. digital currency the central bank is adopted. The bill goes on to state: “No central bank digital currency shall be deemed to be legal tender under section 16 5103 of title 31, United States Code.”

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2008 'Lehman's Moment of Success' - Big banks in trouble;  How to Get Your ETHW, 'No Digital Dollar Act', Sega Blockchain Game - Bitcoin.com News Week Reviewed

Japanese Game Giant Sega Will Launch First Blockchain Game

Sega, one of Japan’s largest gaming companies, has announced that it will launch its first blockchain game in partnership with Double Jump Tokyo, another Japanese development company. The game, based on Sega’s Sangokushi Taisen franchise, will be built using Oasys, a Japanese scale-focused project, to support its blockchain elements.

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Cards in this story

Financial Crisis 2008, Bank, blockchain game, Crisis, Digital Dollar, Ethereum Hard Fork, ETHW, Lehman brothers, No Digital Dollar Act, PoW, sega, Senator, Unify

What are your thoughts on this week’s hottest stories from Bitcoin.com News? Let us know in the comments section below.

Bitcoin.com

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