Factbox: Silvergate crisis: Majors in the crypto industry drop struggling lenders
March 2 (Reuters) – A number of cryptocurrency heavyweights including Coinbase Global Inc ( COIN.O ) and Galaxy Digital dropped Silvergate Capital Corp ( SI.N )...
Tagged: BISV08
Fintech darling Stripe has first-world problems
LONDON, March 2 (Reuters Breakingviews) – When a startup raises money at a lower valuation than before, it’s usually a bad sign. When it’s a fintech...
US senators question Binance and its US partner over compliance
March 2 (Reuters) – Three U.S. senators have asked the giant cryptocurrency exchange Binance and its U.S. partner Binance.US for information about their regulatory and financial...
Crypto exchange Coinbase ditches lender Silvergate
March 2 (Reuters) – Cryptocurrency exchange Coinbase Global Inc ( COIN.O ) cut financial ties with Silvergate Capital Corp ( SI.N ) on Thursday, saying it...
Cryptobank Silvergate sinks after delayed annual report
Silvergate says it may be ‘less than well capitalised’ Shares fall 29.3% before the market March 1 (Reuters) – Shares in Silvergate Capital Corp fell 29%...
Analysis: Australia’s DIY superannuation fund loses millions on crypto bets, investors aren’t sweating it
Thousands of Australians are using DIY retirement funds to buy crypto Loss likely in the hundreds of millions -Reuters calculation Australia has few rules on what...
Revolut’s 2022 revenue grew 33% despite crypto winter
LONDON, March 1 (Reuters) – Fintech company Revolut made its first full-year profit in 2021 and recorded a 33% jump in revenue last year, its finance...
Visa, Mastercard pause crypto push in wake of industry meltdown – sources
Feb 28 (Reuters) – U.S. payments giants Visa ( VN ) and Mastercard ( MA.N ) are slowing plans to forge new partnerships with crypto firms...
Cryptoverse: Bitcoin Moves Towards Satoshi’s Payment Dream
Feb 28 (Reuters) – Satoshi Nakamoto would be proud. Youth bitcoin may finally repay its creator’s faith. The 15-year-old cryptocurrency has filled many roles – from...
UK’s first crypto regulations setting “robust” standards
LONDON, Jan 31 (Reuters) – Britain’s Treasury is planning “robust” regulations for cryptoassets, following the collapse of crypto exchange FTX last year, which left millions of...