HSBC acquires SVB UK for £1 amid collapse

In a deal facilitated by the British government and the Bank of England, HSBC has acquired the UK arm of Silicon Valley Bank (SVB) for £1, following the collapse of the US lender.  The acquisition, fi...

WSJ: Carl Icahn says Grail deal cost Illumina shareholders $50 billion

Shares of Illumina Inc. ILMN, +14.70% were up about 8% in premarket trading on Monday after the Wall Street Journal reported Sunday that Carl Icahn is planning a proxy fight. The billionaire activist ...

Biden: SVB, Signature Executives Will Be Fired

Banks need more regulatory oversight, President Biden said during an address Monday morning about the recent closure of Silicon Valley Bank and Signature Bank.  The government has taken control o...

A Paradise For Fans Of Documentary Films

Action at the Box Office, housed at Sager Braudis Gallery, as fest-goers pick up passes and tickets … [+] for the annual True/False Film Festival in Columbia, Missouri. (Photo by Stephanie Sidot...

South Korea Launches Metaverse Fund to Boost Industry’s Development

South Korea is planning to become a metaverse hub by 2026. Within the five-year metaverse development roadmap, the country aims to activate the ecosystem for metaverse platforms, nurture professionals...

Goldman Sachs No Longer Expects Fed’s Interest Rate Hikes

15 seconds ago | 2 mins read Bitcoin News American multinational investment firm Goldman Sachs predicts no longer interest rate hikes. Silicon Valley Bank collapse gave shockwaves in the crypto indust...

Biden reassures Americans that banking system is safe in wake of collapses

Policy • March 13, 2023, 9:40AM EDT U.S. President Joe Biden assured American citizens that the banking system is safe following the collapses of Signature Bank and Silicon Valley Bank.  “Americ...

Here’s why Pokémon’s web3 and metaverse plans face fan backlash

Ad Pokémon fans are divided over plans to develop a metaverse for the long-running franchise. The debate was sparked following a job posting for the position of Corporate Development Principal at the ...

Starbucks Odyssey’s Stamps record a lighting speed sellout of 18-mins!

Starbucks announced to connect more closely with its customers through the launch of a series of NFTs in the primary market. The recent launch of Starbucks Odyssey, also known as Stamps, saw a record ...

Investors Excited As Crypto Bear Market Shows Signs of Ending

After a seemingly endless series of blows during 2022, the crypto bear market is finally showing signs of easing during the early months of 2023. With Bitcoin breaking the $20,000 threshold and contin...

Energy Diplomacy Isn’t Helping Russia In Africa

Russian President Vladimir Putin (C) gestures as Egypt’s President Abdel Fattah al-Sisi (L) and … [+] South African President Cyril Ramaphosa (R) pose for a family photo with African count...

Avalanche: Revenue spikes, but AVAX investors must be cautious as…

Avalanche network’s revenue and fees spiked on 11 March. Metrics were bullish, but market indicators supported the sellers.  Avalanche [AVAX] witnessed a major decline in key metrics last week, which ...

Charles Schwab moves to reassure investors it has plenty of liquidity and business is performing ‘exceptionally well’

Charles Schwab Corp. SCHW, -19.08% moved Monday to reassure investors that it has plenty of liquidity and does not need to sell any of its held-to-maturity securities over unrealized losses. Chief Fin...

MicroStrategy and Marathon Digital Lead Tenuous Bounce for Crypto-Related Stocks

The price of bitcoin on Sunday bounced as high as $22,600 on the news. It’s currently pulled back a bit to $22,100. Among stock movers this morning, MicroStrategy (MSTR) is higher by 5.6%. Bitco...

Chaos In Voluntary Carbon Markets Will Either Doom Or Change Them

Smoke pours out of a factory in Copsa Mica, Romania. The billowing, carcinogenic black clouds of … [+] carbon black, used for dyes and tires, pollutes and poisons the enviroment and contributes ...

Bloxmith Unveils Raiders Rumble Game on Flow (FLOW) Blockchain

Vladislav Sopov Raiders Rumble, PvP squad battler game, now available in Apple Store and Google Play Contents Bloxmith launches Raiders Rumble on Google Play and App Store Flow-sponsored tournaments s...

BA Stock: Boeing Eyes $35 Billion Jet Deal For New Saudi Airline

Saudi Arabia’s Public Investment Fund is nearing a multi-billion-dollar deal for Boeing (BA) commercial jets for the fleet of a brand-new national airline, the Wall Street Journal reported on Su...

Convert USD to BTC with Visa / Mastercard on BestChange: The Premier Exchanger Directory for Cryptocurrencies and E-Currencies

BestChange is the trusted and most reliable exchanger monitor. It is proud to offer a convenient and secure way to exchange USD for BTC with a Visa/Mastercard. In June 2022, the exchange turned 15 yea...

Controversial Alaska Oil Drilling Project Could Be Approved Monday—Here’s What You Need To Know

Topline The Biden Administration is reportedly set to approve a multibillion-dollar oil drilling project in Alaska on Monday, known as the Willow project, a move that would appease Alaskan lawmakers w...

Silicon Valley Bank collapsed. Here are the companies affected

Silicon Valley Bank (SVB) took center stage as reports revealed that the bank had shut down, sparking widespread panic. The crypto scene took a hit as well, compounding the already existing fear among...

Western Alliance Bancorp stock set to suffer record selloff of over 60% to 10-year low in wake of SVB collapse

Shares of Western Alliance Bancorp WAL, -74.87% took a 62.4% plunge toward a 10-year low in premarket trading Monday, adding to last week’s tumble in the wake of the collapse of SVB Financial Group’s ...

Bitcoin and Ethereum Foray Into Top Trending Cryptocurrencies

Bitcoin surged to $22.5k and Ethereum jumped to $1.6k in the last 24h. The global crypto market cap spiked over 6% in a day. The macroeconomy witnessed a cascade of bank failures – Silvergate, Silicon...

Everything We Know About ‘The Last Of Us’ Season 2 On HBO

The Last of Us HBO The Last of Us has aired its season 1 finale, and it has already sparked the exact same debate as when the game debuted: Was Joel right? That’s a conversation for another day (he wa...

TUSD’s supply crosses $2B amid banking woes for stablecoin rivals

Ad TrueUSD’s (TUSD) circulating supply has more than doubled in the last two weeks, reaching over 2 billion tokens on March 13. TUSD’s total supply is 2.073 billion as of press time, according to Cryp...

Nikola Stock Picks Up New Rating From Wall Street. Shares Are Rising.

Battery and fuel cell truck maker Nikola has performed better than a lot of electric vehicle start-ups but that isn’t enough for Morgan Stanley to rate the shares at Buy. Monday, Morgan Stanley analys...

Avalanche (AVAX) Price Could Have Completed Correction

The Avalanche (AVAX) price shows signs of a completed correction but has not confirmed its bullish reversal yet. AVAX is the native token of the Avalanche network, a blockchain platform that specializ...

With SVB Collapse & 60% of Pre-Market Dip in FRC Stock, is Another Recession Brewing?

1 The US economy is currently facing a hard time. 2 HSBC is planning to acquire SVB’s UK arm. Economic turmoil is slowly taking over the US soil. The Great Recession resulted from a housing bubble whe...

Binance Launches Prepaid Crypto Card in Colombia

After launching similar initiatives in Brazil and Argentina, Binance is widening its reach into LATAM by making its crypto debit card available in Colombia. Cryptocurrency exchange Binance announced t...

Credit Suisse Default Swaps Hit Record as SVB Failure Hits Banks

(Bloomberg) — The cost of insuring the bonds of Credit Suisse Group AG against default climbed to the highest on record as the collapse of Silicon Valley Bank sparked concern about broader conta...

Who Has Exposure to SVB and Signature Bank? A Closer Look

Silicon Valley Bank and the crypto-friendly – Signature Bank – disclosed operational difficulties and were closed down by regulators. While some expect the collapse to prompt a domino effect, numerous...

Sell Any Post-SVB Stocks Bounce, Says Morgan Stanley

(Bloomberg) — Morgan Stanley’s Michael Wilson, known for being one of Wall Street’s most bearish strategists, recommended that investors sell any rebound in US stocks that may result from regula...

Nissan Ventures Into Web3 With Trademark Filings And Metaverse Sales Testing

Nissan, a Japanese automotive brand, has made several developments in its brands over the years. It also aims to change the narratives of automobiles in the coming years. To embrace the future of tech...