(Bloomberg) -- Cryptocurrency-friendly bank Silvergate Capital Corp. is examining its viability and said it’s delaying its annual report to allow time to review financial controls, following the collapse of Sam Bankman-Fried’s FTX. The shares plunged as m
Shares of Silvergate were down more than 50% on Thursday, a move that put the bank's future in question and had companies across the crypto industry seeking to distance themselves from the troubled firm.
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As one of crypto's crucial U.S. banking partners stands on the brink, JPMorgan remains optimistic about Signature Bank.
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Hany Rashwan, co-founder of the Zug, Switzerland-based ETP provider, says bitcoin’s price is being driven by more macro economic factors, including inflation and East Asian traffic.
(Bloomberg) -- Silvergate Capital Corp. spent its final days under siege.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekYour Next Holiday Flight Will Cost a FortuneBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsI
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A series of events have left it at risk of “being less than well-capitalized,” and the company is evaluating those events’ impact on its ability to continue as a going concern, Silvergate said in a regulatory filing Wednesday. “The Company is currently a
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
Interestingly, the price surge was on the back of increased activity from whales, as indicated by on-chain data. The increased activity led to an increased"/>
Recent market dynamics have seen Solana struggling to break above the $200 mark. A notable bearish factor among these market fundamentals is the recent"/>
DOGE, the internet's favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical"/>
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Co-founder of Tornado Cash Roman Storm has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ)."/>
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7"/>
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
Mon,01 Apr 2024