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Russian bank issues first on-chain bank guarantee in Chinese yuan
2.3.2023
The transaction was performed through the Masterchain blockchain platform, which is the Russian national blockchain network
MicroStrategy Says It Doesn’t Have Any Assets Custodied With Silvergate
2.3.2023
Business software company Microstrategy (MSTR) said it has no assets custodied with Silvergate Capital (SI) and is in no other way financially linked to the bank other than a commitment to repay a loan in 2025, the company said on Thursday
Coinbase Severs Ties With Silvergate Bank Amidst JPMorgan Downgrade and Delayed SEC Filing
2.3.2023
On March 2, 2023, the cryptocurrency exchange Coinbase announced that, in light of recent developments, the company is “no longer accepting or initiating payments to or from Silvergate Bank.” The news follows the crypto bank’s delay of its annual 10-K filing with the U.S....
Circle, Paxos, Bitstamp and Galaxy join Coinbase in scaling back partnerships with Silvergate Bank
2.3.2023
Silvergate is reportedly facing an investigation from the United States Department of Justice over its alleged role in the FTX collapse, involving Sam Bankman-Fried's account
Silvergate Stock Drops Over 50% as Crypto Clients Flee Beleaguered Bank
2.3.2023
Silvergate Bank has lost most f
Before Silvergate and After Silvergate
2.3.2023
Bitcoin price risks $23K rerun as Coinbase stock falls over Silvergate
2.3.2023
Bitcoin wobbles over fresh concerns over crypto firm solvency, but BTC price performance remains stronger than Coinbase and Silvergate bank stock
US Treasury and White House to Hold Regular Meetings on CBDCs and Payment Innovations
2.3.2023
On March 1, 2023, Nellie Liang, undersecretary for domestic finance at the U.S. Treasury, delivered a speech to the Atlantic Council in Washington concerning the subject of central bank digital currencies (CBDCs). Liang detailed during her speech that a CBDC is one of several options...
Crypto Bank Silvergate Stock Tumbles 45% After 'Going Concern' Filing
2.3.2023
The crypto-friendly bank extends its losses after delaying its annual report filing
Xapo Bank enables faster Bitcoin payments with Lightning Network
2.3.2023
Xapo Bank members will now be able to instantly pay for small purchases of up to $100 at any vendor accepting Lightning payments
Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain
2.3.2023
A bank in Russia has issued the country’s first blockchain-based bank guarantee denominated in Chinese currency. The financial institution underscored the advantages of using a digital form of the document and pointed out that demand for yuan payments is growing. MKB Employs Bank of Russia’s...
Xapo Bank Integrates Bitcoin’s Lightning Network, Partners with Lightspark
2.3.2023
Crypto pioneer Xapo has quietly assembled interest bearing, deposit-guaranteed USD bank accounts with a view to providing alternative financial services in emerging market countrie
Coinbase no longer accepts payments via Silvergate Bank
2.3.2023
Following the alleged troubles at Silvergate Bank, Coinbase announced that the crypto exchange will no longer accept or initiate payments with Silvergate
Silvergate Downgraded by JPM, Canaccord Amid Doubts of Bank’s Solvency
2.3.2023
JPMorgan cut its recommendation on the stock to "Underweight" from "Neutral" and withdrew its price target
Coinbase Jumps Ship From Silvergate, Moves Prime Customers to Signature
2.3.2023
The change is specific to banking in USD and does not affect payment instructions in pounds or euros and is effective immediately
Hong Kong citizens not interested in digital yuan: Reports
2.3.2023
Despite the 20% discount, the e-CNY hard wallets don’t attract much attention from the islanders
Fed President Warns of ‘Disastrous Results’ if the Fed Loosens Policy Prematurely — Says ‘Inflation Remains Too High’
2.3.2023
Federal Reserve Bank of Atlanta’s president has warned of disastrous economic consequences similar to those seen during the financial crisis of the 1970s if the Fed loosens its policy prematurely. Noting that “inflation remains too high,” he stressed: “We don’t want...
Robert Kiyosaki Says World Economy on the Verge of Collapse — Warns of Bank Runs, Frozen Savings, Bail-Ins
2.3.2023
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says the world economy is on the verge of collapse. He warned investors about the risks of bank runs, frozen savings, and bail-ins that may come next. Robert Kiyosaki on Collapsing World Economy The author of Rich...
SIlvergate stock plunges 31% after delayed filing raises doubts over future
2.3.2023
Crypto-friendly bank Silvergate has delayed its 10-K filing, which reveals the financial health of the company. The news has sent its stock price down 31%
Australia’s Central Bank Taps Mastercard and Others to Test CBDC Use Cases
1.3.2023
The Reserve Bank of Australia has revealed a set of projects that will develop use cases for a digital dollar, the eAUD, during its testing phase, currently underway