Silvergate’s shiny hinges have rusted as the crypto bank plans to shut down

Silvergate Capital, a publicly traded crypto bank, shared that it would “wind down operations and voluntarily liquidate” its bank division. The move from the California-based firm followed a run that resulted in it selling off assets at a huge loss to cover over $8 billion in withdrawals amid the broader crypto ecosystem meltdown.

Bira parent raises $10 mn from 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 ...

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,