Search
Crypto Hardware Wallet Maker Ledger Raises Most of $109M Round: Bloomberg
30.3.2023
The startup will have a second close in the coming weeks for the round at a $1.4 billion valuation
Hong Kong crypto firms seeing interest from Chinese banks: Report
27.3.2023
Several Chinese banks have been seeking to offer services to crypto firms in Hong Kong, despite a ban on crypto on the Chinese mainland
First Citizens Nearing Deal for Silicon Valley Bank: Bloomberg
27.3.2023
Raleigh, N.C.-based First Citizens is the 30th largest bank in the U.S., with $109 billion in assets, and recently completed an acquisition of New York-based commercial lender CIT
Treasury Secretary Yellen Holds Unscheduled Meeting With Top Financial Regulators Amid Turmoil in Banking Sector
24.3.2023
U.S. Treasury secretary Janet Yellen initiated an unscheduled Financial Stability Oversight Council (FSOC) meeting with the country’s top financial regulators on Friday amid issues plaguing the U.S. banking sector. Banking stocks and all four U.S. benchmark indexes fell again on Friday as...
Nasdaq Aiming to Debut Crypto Custody Service by Q2 End: Bloomberg
24.3.2023
Nasdaq announced its intentions last September as it looked to respond to the demand from institutional crypto investors
Zipmex Acquisition Stumbles as Buyer Misses Payment: Bloomberg
24.3.2023
The payment was due on March 23 and was required to fund working capital
Bitcoin Supercycle May Be Happening, Says Commodity Strategist Mike McGlone
23.3.2023
Bloomberg Intelligence senior commodity strategist Mike McGlone has explained that a supercycle may be happening in bitcoin, noting that the cryptocurrency is beating gold by almost 10 times so far this year. The strategist added that if past trends hold, bitcoin’s volatility is more likely...
Nigeria's eNaira Wallet Use, Transactions Climb Amid Cash Shortages: Bloomberg
22.3.2023
The number of eNaira wallets has jumped more than 12-fold to 13 million since October
US midsize banks seek FDIC Insurance on all deposits for 2 years: Report
19.3.2023
The banking coalition reportedly argued that it would bring stability to the banking industry and reduce the chances of "more banking failures," in a letter to federal regulators
Coinbase Is Weighing Setting Up Non-U.S. Trading Platform: Bloomberg
17.3.2023
U.S.-based crypto exchange Coinbase is considering setting up a crypto-trading platform overseas and is discussing the move with institutional clients, Bloomberg reported, citing people familiar with the plans
U.S. DOJ Was Investigating Signature Bank's Work With Crypto Clients: Bloomberg
15.3.2023
Prosecutors were looking at the crypto-friendly bank before regulators seized it, people familiar told Bloomberg
Crypto Platform Anchorage Digital Laying Off 20% of Its Staff: Bloomberg
14.3.2023
The firm said that U.S. regulatory uncertainty played a role in its decision
Asset Management Giants Blackstone, Apollo Eyeing SVB Assets: Bloomberg
14.3.2023
SVB collapsed last week following a $42 billion bank run after it announced plans to sell $2.24 billion in new shares
Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow
12.3.2023
The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to reports. Final bids are due by Sunday afternoon. Unnamed sources indicate that the FDIC is seeking to close the deal promptly after California regulators...
Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil
11.3.2023
According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson cited deteriorating “macroeconomic conditions” and the “crypto winter”...
Blockchain.com to Suspend Operations of Asset Management Arm: Bloomberg
9.3.2023
Crypto financial services company Blockchain.com is suspending operations of its recently-launched asset management arm, citing the prolonged crypto winter as the reason for its decision, according to a Bloomberg report
Silvergate Talking With FDIC About How to Save Crypto-Focused Bank: Bloomberg
8.3.2023
FDIC examiners met with Silvergate management at its headquarters in California last week
Singapore Police Start Investigation Into Do Kwon's Terraform Labs: Bloomberg
6.3.2023
Singapore's police has confirmed Do Kwon is not in the city state
Kraken Pulling Back From Using Signature Bank: Bloomberg
1.3.2023
Non-corporate clients will no longer be able to make dollar deposits or withdrawals using the crypto-focused bank, according to a report
Goldman Sachs Says It’s Open to Adding Staff to Digital Assets Team: Bloomberg
28.2.2023
The investment bank’s private tokenization platform was used by Hong Kong to sell digital bonds last week