Crypto prices fell Thursday after Silvergate announced its decision to wind down operations and voluntarily liquidate.
Crypto bank Silvergate’s ‘collywobbles’ could add to industry’s woes
Crypto bank Silvergate bit the dust this week, leading some analysts to forecast bigger problems for the overall ecosystem
A Coinbase exec tried to tell a crowd of bankers that crypto is ‘the money of tomorrow’—and was immediately shot down by an ECB director on stage
The world according to Coinbase frames cryptocurrency in an unsurprisingly optimistic light: It's the "money of tomorrow", a form of payment that is more efficient, transparent and fair. The problem is some experts keep saying crypto isn't real money.
Japan to boost scrutiny over foreign investments in chips, batteries
Japan plans to add nine new fields, including semiconductors and storage batteries, to the list of "core" business sectors that require tougher pre-screening for foreign investors, the Finance ...
Mt. Gox customers will have to wait until November before any lost Bitcoin funds are returned
Almost a decade on, customers of collapsed crypto exchange Mt. Gox could see some of their Bitcoin funds returned by the end of the year.
Counting Crypto On An Exchange
Crypto exchange wallets and apps look and feel like banking products, so many investors just assume that these platforms must abide by the same types of laws and regulations. But that is not true. What’s more,
Banks are under severe pressure this week, and it ain’t from crypto
Crypto is only a small part of a much bigger series of worries. Fed funds higher for longer, exposure to commercial real estate and higher deposit costs.
Bankrupt Crypto Exchange FTX to Sell Sequoia Stake to Abu Dhabi Firm for $45 Million
Liquidators for defunct crypto exchange FTX asked a judge to approve the sale of its interest in venture capital firm Sequoia Capital to an Abu Dhabi state-backed investment firm, in a deal that values the stake at $45 million.
Proven raises $15.8 million to rebuild trust in crypto with zero-knowledge proofs
The New York City-based company, which was founded in 2022, on Thursday announced a $15.8 million funding round led by Framework Ventures that will help it develop its product and grow its team to 12 or 15 people by the end of 2023.
Japanese lunar lander company ispace to go public
Japanese lunar exploration company ispace plans to list its shares on the Tokyo Stock Exchange next month, just before its first landing attempt.
The Bank of Japan Has Its Own Inflation Problem. It’s the Opposite of the Fed’s.
Americans have experienced the fastest inflation in a generation over the past year. Shoppers hoping for a world in which prices don’t go up should be careful what they wish for. Take a look at Japan, ...
Crypto bank Silvergate collapses; UK house prices ‘on downward trajectory’; HS2 delays expected – business live
The turmoil in the crypto sector following the collapse of crypto exchange FTX has claimed crypto-focused bank Silvergate. Silvergate Capital Corp announced last night that it plans to wind down Silvergate Bank‘s operations and voluntarily liquidate it in an orderly fashion,
Crypto stocks slide after Silvergate decides to shut down
Shares of crypto-focused companies fell on Thursday in premarket trading after Silvergate Capital Corp disclosed plans to wind down operations and voluntarily liquidate, as the aftermath of FTX's implosion last year reverberates through the industry.
Bira 91 raises $10 million from Japan’s MUFG Bank
B9 Beverages, which owns Indian craft beer brand Bira 91, has raised $10 million from Japan's largest bank MUFG Bank, months after it secured $70 million in a Series-D funding round, which was led by ...
Japan’s Nikkei hits 6-1/2-month high as Powell softens stance, BOJ seen steady
Japan's Nikkei share average hit a 6-1/2-month high on Thursday, extending gains for a fifth straight session, as a less-hawkish Federal Reserve outlook and expectations for no imminent change to Bank ...
Japan stocks higher at close of trade; Nikkei 225 up 0.63%
Japan stocks were higher after the close on Thursday, as gains in the Steel, Retail and Paper & Pulp sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.63% to hit a new 6-months ...