Unrealized losses are lurking like an unwelcome party guest in the balance sheets of over 700 US banks, creating a "significant safety and soundness risk." 📉 

The banks have tried to fix the situation by tweaking their securities' accounting treatment, putting up hedges against interest rate risks, and hoarding more tangible capital. But these measures might not be enough to keep the financial health of these banks.

The Fed's analysis, based on data up to the third quarter of 2022, paints a picture of a banking sector walking a tightrope. Rising interest rates are turning once reliable investment portfolios into liquidity time bombs. Add in the potential for higher than expected deposit outflows and limited contingency funding. 🏦 

Do Kwon, the brain behind Terraform Labs, is in a bit of a pickle. Known for launching the Terra stablecoin and Luna cryptocurrency, he's now facing a quite different launch: a trial in Montenegro. The charges? Jetting into the country using a forged passport. Kwon and Terraform's CFO Han Chang-Joon, have both pleaded not guilty, suggesting they're more into cryptography than cryptic travel documents. 🛂 

The court accepted Kwon's rather hefty 'get out of jail' card – a cool €400,000 bail – allowing him a breath of fresh air before the trial. Prosecutors, of course, weren't thrilled, probably suspecting the pair might have more interest in crypto than Montenegrin courtrooms. 💰️ 

And let's not forget the crypto catastrophe back home. The Terra and Luna coins came crashing down in May 2022, leaving a $40 billion black hole in the crypto market. Despite the ensuing legal fireworks and disgruntled investors in South Korea, Kwon insists the only thing he's guilty of is a business strategy that went belly-up. 📉 

Elon Musk has picked Linda Yaccarino to steer the social media ship. Known for transforming TV ad landscapes at NBCUniversal, Yaccarino now embarks on a mission to turn Twitter's balance sheet from red to black. 🐦️ 

It's no small task, with the platform making more noise than money recently. Musk, now playing the roles of executive chairman and chief tech officer, seems keen to have Yaccarino crack the code.

Described as a "velvet hammer", Yaccarino is set to become a rare sight in the tech world: a woman in charge. She'll also be grappling with Twitter's notorious issues - misinformation, hate speech, and the looming 2024 presidential election. 🇺🇸 

Musk's vision for Twitter, dubbed "X", aims to make it an "everything app" - quite an upgrade from 280 characters. Yet, with a mixed reaction to Yaccarino's appointment on social media, it seems the tweet deck might be stacked against her

The amount of Bitcoin stored on crypto exchanges has hit its lowest level since December 2017, suggesting a shift towards self-custody among traders. The declining Bitcoin supply on exchanges can reduce potential sell-off risks and may indicate increased confidence in Bitcoin as a long-term store of value. 🚀 

This trend could be fueled by concerns around trusting centralized platforms, especially following the collapse of FTX. Despite ongoing market volatility, some experts like ex-Goldman Sachs executive Raoul Pal remain bullish on crypto's outlook, expecting a rapid rally in the near future. However, a survey by Goldman Sachs reveals waning enthusiasm among affluent family office investors, who are wary of the crypto market's rollercoaster nature. 🤔