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%...
Tagged: BNKS
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...
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...
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...
The EU calls for quick rules on crypto capital for banks
LONDON, Feb 20 (Reuters) – Tough capital rules for banks holding cryptoassets must be followed up in the EU’s pending banking law if Europe is to...
EU lawmakers to vote on tighter crypto, ESG rules for banks
Lawmakers to vote on tougher shadow banking rules Legislators seek to link ESG with bonuses Lawmakers are seeking to adapt to global rules for crypto LONDON,...
Cryptoverse: Bitcoin Investors Take Control
Jan. 24 (Reuters) – Paranoid? The domino downfall of FTX and other cryptocurrencies is enough to make the most trusting investor grab their bitcoin and shove...
Crypto lending unit of Genesis files for US bankruptcy
Jan 20 (Reuters) – The lending unit of crypto firm Genesis filed for U.S. bankruptcy protection on Thursday, owing creditors at least $3.4 billion after being...
Cryptoverse: Punk Monkeys and a Resurrection of NFTs
February 14 (Reuters) – It lives! The NFT market is moving out of its torpor, defying reports of their demise. Total NFT sales on the ethereum...