Instant View: Silvergate’s planned liquidation fuels another crypto rout
March 9 (Reuters) – Silvergate Capital Corp ( SI.N ), one of the largest banks in the cryptocurrency industry, said on Wednesday it plans to wind...
Tagged: EF: BUSINESS-FUTURE-OF-MONEY
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...
Norway seizes USD 5.8 million worth of crypto stolen by North Korea
LONDON, Feb 16 (Reuters) – Norway has seized a record $5.8 million worth of cryptocurrency stolen by North Korean hackers last year, Norwegian police said in...
The court will hear arguments in Grayscale’s lawsuit against the SEC over bitcoin funds
WASHINGTON, March 7 (Reuters) – Federal appeals court judges are set to hear arguments on Tuesday in Grayscale Investments’ case against the US Securities and Exchange...
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 )...
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...