Crypto-focused bank Silvergate plans to liquidate after a blow from FTX
March 8 (Reuters) – Crypto-focused bank Silvergate Capital Corp ( SI.N ) said on Wednesday it plans to wind down operations and voluntarily liquidate after it...
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Fintech firms may struggle to find investor love in the new US IPO market
March 8 (Reuters) – The once high-flying fintech startups looking to go public will have a hard time attracting investors’ attention, even as a freeze that...
Cryptoverse: Hooked on growth, bitcoin investors turn to smart tokens
March 7 (Reuters) – For investors living on the digital edge, bitcoin is starting to look a little old-fashioned. Hooked on high growth, some are turning...
Silvergate’s deepening crisis sends crypto stocks tumbling
Silvergate shares close 6.4% lower Bank suspends crypto payment network Fallout pulls down several crypto stocks March 6 (Reuters) – Shares in Silvergate Capital Corp (...
Binance Executives’ Texts, Documents Show Plan to Avoid U.S. Scrutiny – WSJ
March 5 (Reuters) – Binance, one of the world’s largest cryptocurrency exchanges, developed a plan to avoid the threat of prosecution by U.S. authorities when it...
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 )...
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...
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...
Cryptoverse: Tether tightens its grip on the wobbly world of stablecoins
Feb 21 (Reuters) – The world of stablecoins suddenly looks shaky. Seismic changes may be underway in the $137 billion market after New York-based Paxos Trust...