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100x Meme Coin Sponge Launches V2 – Is $SPONGEV2 The Best Crypto to Buy Now?
18.12.2023
Investors are scrambling to take a position in the freshest meme coin on the market – Sponge V2 ($SPONGEV2), the next incarnation of the legendary Sponge ($SPONGE) meme coin. Let’s take a trip down memory lane – Sponge V1 made its debut during the bear market of May 2023, launching as...
Tesla Recalls Millions Of Cars To Patch Mode That Could Kill You
13.12.2023
Tesla is recalling and updating almost all of its two million electric cars sold in the United States to place additional limits on their included self-driving assistance mode, Autosteer. Investigations have shown Autosteer can be extremely dangerous, and it’s been blamed for multiple accidents...
Africa-Focused Remittances Fintech Lemfi Raises $33 Million in Series A Funding Round
31.8.2023
An Africa-focused remittances platform, Lemfi, recently said it has raised $33 million in a Series A round led by Left Lane Capital. Lemfi said it will use the capital raise to “expand its product offering to the United States, Europe, the Middle East, and Asia.” Making Remittances Less...
Silvergate CEO to depart amid ongoing liquidation and investor suits
16.8.2023
Silvergate is losing its CEO Alan Lane and two other top executives as part of an ongoing wind-down of the once crypto-friendly bank
Hamilton Lane Offers Polygon-Based Tokenized Access to a Second Fund
4.5.2023
Access to the Senior Credit Opportunities Fund is available through a feeder fund from Securitize
‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says
27.4.2023
Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Future increases will depend on the economic data but this is still not the right time to stop, according to Philip Lane who believes the bank has...
‘Killer use case’: Citi says trillions in assets could be tokenized by 2030
31.3.2023
The bank predicts the private equity market to become the most “tokenized” asset class because it is more liquid and can be fractionalized
SBF and FTX fraud 'aided and abetted' by Silvergate Bank, alleges lawsuit
15.2.2023
The filing is the latest proposed class action in a string of lawsuits aimed at Silvergate over the last two months about its links with Sam Bankman-Fried and defunct crypto exchange FTX
Are stablecoins securities? Well, its not so simple, say lawyers
13.2.2023
One lawyer said that while stablecoins are meant to be stable, buyers may possibly profit from a range of arbitrage, hedging, and staking opportunities
Investment Manager Hamilton Lane Opens First Tokenized Fund With Securitize
31.1.2023
The Polygon-backed feeder makes the flagship direct equity fund available to more investors
Crypto lawyers to be in demand as regulatory pressure reaches boiling point
26.1.2023
Commercial lawyers with a solid knowledge of blockchain and crypto tech will be in particularly high demand
Silvergate Capital Incurs Loss of $1 Billion in Q4 of 2022
20.1.2023
Silvergate Capital Corporation, the parent firm of the crypto-focused bank Silvergate Bank, has attributed the $1 billion loss it incurred in the fourth quarter of 2022 to the confidence crisis that permeates the entire crypto ecosystem. While Silvergate has taken steps to help it navigate...
FTX reboot could falter due to long-broken user trust, say observers
20.1.2023
Crypto industry observers have questioned whether customers or investors will ever want to "come near" FTX again
Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40%
6.1.2023
The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop in customer deposits. The share price plunge came just days after U.S. prosecutors reportedly seized collapsed crypto exchange FTX’s accounts held at the bank....
Elon Musk: Twitter No Longer in Fast Lane to Bankruptcy
26.12.2022
Tesla CEO and Twitter chief Elon Musk has confirmed that the social media company is no longer “in the fast lane to bankruptcy.” Nonetheless, the billionaire emphasized that there is still much work to do on the platform. “But overall it seems to be going in a good...
Silvergate CEO calls out 'short sellers' spreading misinformation
6.12.2022
In the statement, Lane also took the opportunity to "set the record straight” about its investment relationship with FTX and the firm's “robust risk management approach.”
Kentucky to scrutinize contracts offering cheaper electricity to miners
6.12.2022
An Earthjustice lawyer said the hearings and discovery process would give Kentuckians a good idea what they would be paying for by subsidizing the facilities
Investment Manager Hamilton Lane to Tokenize 3 Funds Through Securitize
5.10.2022
Investment management firm Hamilton Lane (HLNE) is to tokenize three of its funds in partnership with digital asset securities company Securitize
SEC lawsuit claims jurisdiction as ETH nodes are 'clustered' in the US
20.9.2022
The SEC argues that as ETH validators are concentrated more densely in the United States, ETH transactions are seen as taking place in the country
This Scottish Cycle Lane Is Harder Than Any Video Game
20.6.2022
There’s a street in Edinburgh, Scotland, that offers a real-life version of Paperboy’s zigzag cycling routes, and I’m here to celebrate it for just that. As part of the city’s £207 million ($253m) project to run trams through the famous road, a new section of cycle lane has been put in, which, as...