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: TECH08
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...
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...
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...
Pakistani fintech startup Trukkr raises $6.4 million, gets lending license
KARACHI, Pakistan, March 7 (Reuters) – Trukkr, a fintech platform for Pakistan’s trucking industry, said on Tuesday it had raised $6.4 million in a funding round...
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...