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Nalezeno "Exposure": 368

The SEC Wants Firms to Publicly Disclose Their Exposure to Crypto – More Regulation Coming?

9.12.2022
The US Securities and Exchange Commission (SEC) has made it clear that they want companies to disclose any crypto-related risks they may be exposed to, saying that both direct and indirect exposure must be described. The SEC now says firms should describe how company bankruptcies and subsequent...

SEC calls on firms to disclose exposure to crypto bankruptcies and risks

9.12.2022
The Securities and Exchange Commission corporate finance division reminded companies of what they are required to disclose and provided guidance to what else they want to know

Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain

2.12.2022
Core Scientific, Bitfarms and Genesis Digital Assets are among miners that have direct and indirect exposure to the contagion

Animoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects

2.12.2022
Animoca Brands, the parent company of metaverse projects like The Sandbox, has announced it plans to launch a $2 billion metaverse fund. The new fund, which would be focused on returns for potential investors wanting to get more Web3-related capital exposure, will focus its activities on companies...

Following BlockFi Bankruptcy, This Company Just Revealed Its Exposure to the Firm – NEXO Next?

29.11.2022
The crypto-friendly US-based bank Silvergate had less than $20m in exposure to the now-bankrupt US-based crypto lender BlockFi. But with yet another bankruptcy in the space, more people are now asking if Nexo – one of the last major crypto lenders still standing – will be the next to...

Silvergate denies recent FUD, confirms minimal exposure to BlockFi

29.11.2022
Silvergate Capital has been quick to distance itself from the now-bankrupt crypto lender BlockFi

Crypto Bank Silvergate Says Its BlockFi Digital Asset Deposit Exposure Totals Less Than $20M

29.11.2022
The bank's shares closed down 11% to $25.90 on Monday, after BlockFi bankruptcy filing

Singapore Banks' Exposure to Bitcoin 'Insignificant' but Subject to Highest Risk Weight

28.11.2022
Banks must hold $125 in capital against every $100 worth of bitcoin, a senior minister said

US Senators Ask $4.5 Trillion Investment Firm Fidelity to Reconsider Exposure to Bitcoin in Wake of FTX Implosion

22.11.2022
Three US senators asked the major financial services firm Fidelity Investments to reconsider exposing workplace retirement plans to bitcoin (BTC). Democratic senators Richard Durbin, Elizabeth Warren, and Tina Smith penned a letter to "strongly urge" the company's CEO Abigail Johnson to reconsider...

Cathie Wood's ARK Invest adds more Bitcoin exposure as GBTC, Coinbase stock hit new lows

22.11.2022
ARK Invest scoops up bargains as Coinbase shares hit all-time lows and GBTC trades at a near-50% discount to the already suppressed Bitcoin spot price

FTX will be the last giant to fall this cycle: Hedge fund co-founder

18.11.2022
This bear market has seen the collapse of Celsius, Three Arrows Capital, Voyager, and now FTX, but the worst is likely over, a hedge fund executive suggests

Tether Says It Had No Exposure to Genesis Global and Gemini Earn, Crypto Experts Are Doubtful

17.11.2022
Tether, the issuer of the major stablecoin USDT, denied having exposure to either Genesis Global Capital or Gemini Earn yield product. The company said in an announcement that it was “operating business as usual,” claiming that, “With recent news surrounding Genesis today, Tether would like...

Tether says it has no exposure to Genesis Global or Gemini Earn

16.11.2022
The stablecoin operator said the reliability of its reserves is important to highlight “at a time like this.” Tether has historically had issues with transparency

Online Investing Platform BnkToTheFuture Drops Plan to Acquire Crypto Lender Salt Lending Due to FTX Exposure

15.11.2022
The deal fell apart just about two months after it was announced

2 More Crypto Platforms Pause Withdrawals as Liquid Global and Salt Lending Cite Exposure to FTX

15.11.2022
On Nov. 15, 2022, the crypto exchange Liquid Global revealed that it has suspended fiat and crypto withdrawals “until further notice.” The same day, customers leveraging the crypto lending platform Salt were also informed that Salt has paused withdrawals and deposits. Furthermore, the crypto lender...

Crypto Bank Silvergate Bucks Market Rally as FTX Exposure Is Questioned

15.11.2022
Silvergate shares were down about 7% while other crypto-linked stocks rallied Tuesday

Crypto.com’s Exposure to FTX Less Than $10 Million Says CEO — CRO Token Not Used as Collateral

15.11.2022
According to the CEO of Crypto.com, Kris Marszalek, his firm had recovered much of the $1 billion that had been sent to FTX when the crypto exchange collapsed. However, he acknowledged that at the time of FTX’s collapse, Crypto.com’s exposure to the crypto platform was below...