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...
Tagged: DBT
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...
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...
IMF flags obstacles to debt restructuring, says banning crypto should be an option
BENGALURU, Feb 25 (Reuters) – Group of 20 (G20) nations have some disagreements over debt restructuring for distressed economies, the head of the International Monetary Fund...
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...
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...
FTX bankruptcy judge rejects demands for new investigation into crypto exchange collapse
Feb 15 (Reuters) – A U.S. bankruptcy judge on Wednesday rejected calls for a new, independent investigation into FTX’s collapse, saying it would be redundant to...