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Elizabeth Warren Blames ‘Crypto Risk’ for Silvergate Bank’s Liquidation, Critics Dismiss Senator’s Claims as ‘Terribly Misinformed’
9.3.2023
After Silvergate Bank announced its voluntary liquidation, U.S. senator Elizabeth Warren is attributing the financial institution’s downfall to “crypto risk.” According to Warren, she had previously warned about Silvergate. However, some critics are dismissing Warren’s...
Silvergate downfall sparks debate over whose fault it actually was
9.3.2023
The demise of the crypto-friendly bank has prompted discussion about who tipped the first domino, and where crypto firms can turn for their banking needs
Marathon Digital terminates credit facilities with Silvergate Bank
9.3.2023
The decision to end its loan facilities with Silvergate Bank follows a shift in Marathon’s long-term financial strategy to build liquidity
Breaking News: Crypto-Friendly Silvergate Bank Announces 'Voluntary Liquidation' - A Blow for Crypto Adoption?
8.3.2023
Crypto-friendly US-based bank Silvergate Bank has begun the voluntary process of liquidation, according to a statement issued by the California Department of Financial Protection and Innovation (DFPI). The announcement of Silvergate Bank’s liquidation come just a day after reports surfaced...
Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist
8.3.2023
At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention to wind down the crypto-friendly bank’s operations and voluntarily liquidate the company’s assets. The news follows significant financial troubles the bank faced, and the firm’s stock plummeted in value. Details...
Crypto Bank Silvergate Announces 'Voluntary Liquidation'
8.3.2023
The Federal Deposit Insurance Corporation has taken over Silvergate Bank, which saw prominent customers abandon it and its stock price plunge after revealing it faced regulatory scrutiny and had to sell assets to pay off loans
Spanish Tax Agency Puts Crypto in Its Sights for the Upcoming Tax Season
3.3.2023
The Spanish tax agency has included crypto as part of its new guidelines for this year’s upcoming tax collection season. Apart from boosting the channels for voluntary tax applications, the agency will potentiate the investigation of cryptocurrency in digital payments, including potentially...
FTX Will Look to Retrieve Voluntary Payments From Third Parties, Possibly Including SBF's Political Donations
20.12.2022
Bankrupt crypto exchange FTX will attempt to recoup voluntary payments made to third parties prior to its collapse, pursuing them in court if necessary. These payments may include founder and former CEO Sam Bankman-Fried's political donations in recent years
Crypto Financial Services Firm Eqonex Files for Voluntary Debt Restructuring in Singapore
22.11.2022
The company has been in talks with existing lender Bifinity and other potential investors to raise capital, but has not been successful
Australia Suspends Financial Services License of Local FTX Entity
17.11.2022
Australia’s securities regulator has suspended the license of the Australian unit of the bankrupt crypto exchange FTX until mid-May. According to an issued statement, the platform will be allowed to provide limited financial services until Dec. 19 in order to terminate existing derivatives....
Report Says Alameda Research ‘Didn’t Trade Crypto,’ Speculators Think SBF’s Political Connections Let FTX Fly Under the Radar
12.11.2022
On Nov. 11, 2022, FTX Trading Ltd. filed a voluntary petition for Chapter 11 bankruptcy protection in Delaware. The news followed a few days of speculation and evidence that had shown the digital currency exchange was likely insolvent. The company’s bankruptcy filing and information concerning...
South Korean Government Calls for Voluntary Regulations From Crypto Industry
15.6.2022
The executive power and the ruling party in South Korea have urged the cryptocurrency industry for what officials describe as voluntary regulatory measures, a Korean media report revealed. The call was issued during a consultative meeting devoted to crypto assets. Government Asks South Korean...
Green finance needs voluntary carbon markets that work
23.4.2022
Carbon markets turn CO2 emissions into a commodity or tradable asset by giving it a price. Blockchain and smart contracts will improve those markets
8 US Lawmakers Urge SEC to Stop Crippling Crypto, Stifling Innovation
17.3.2022
Eight U.S. lawmakers have sent a letter to the chairman of the U.S. Securities and Exchange Commission (SEC) regarding how the agency collects information from crypto companies. According to the crypto community, the SEC’s “requests” for information “are overburdensome...
Arthur Hayes seeks voluntary surrender in Hawaii court with $10 million bail
17.3.2021
Lawyers for the former CEO of crypto derivatives exchange BitMEX are proposing Hayes’ voluntary appearance on April 6, with his potential release on bail subject to a $10 million personal recognizance bond
American Cancer Society Creates Its First Crypto Only Donation Fund
28.1.2021
The American Cancer Society has set up a fund for crypto donations so the nonprofit can raise at least $1 million by early 2021. Together with The Giving Block, the U.S.-based voluntary health organization expects to collect funds via several cryptocurrencies. Donations to Fund Cancer-Related...
Grayscale Investments’ Ethereum Trust Filed With the SEC to Obtain Reporting Status
7.8.2020
The digital currency asset manager Grayscale told investors on Thursday that the firm has publicly filed a Registration Statement on Form 10 with the Securities and Exchange Commission (SEC) for the company’s Ethereum Trust. The recent filing is voluntary and if the SEC approves...
Devon Brewer: Rediscovering the Golden Rule
9.5.2020
The Golden Rule may be the most basic moral approach to dealing with others. It seems universal across cultures and religions. The Golden Rule is instinctive. We all know it, even as children without education. I like the negative form of the Golden Rule the best. One of the earliest written...
5 Bitcoin Cash Full Node Teams to Raise Funds With the Noncustodial Flipstarter App
18.4.2020
The creators of the noncustodial funding application, Flipstarter have recently announced there are now five fundraiser campaigns live on the platform for a number of Bitcoin Cash full node projects. The projects full node fundraisers currently hosted on Flipstarter include the Bitcoin Cash Node...
Market Update: Bitcoin Halving Hype, Golden Cross Signals, and GBTC’s 41% Premium
19.2.2020
Cryptocurrency markets have seen fresh gains on Wednesday after the slight pullback that started two days prior. Most of the top 10 digital currencies by market cap have gained between 4-8% and the entire market valuation of all cryptos has hovered between $295-300 billion. Also Read: Voluntary...