Advertisement     The mainnet of SatoshiChain, the blockchain technology that connects Bitcoin to DeFi, will formally launch on June 1st, 2023. As it enables users to ...
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Silvergate Short Bets Amass $780 Million Payday as Crypto Bank Sinks
(Bloomberg) — Short sellers are making a fortune by loading up on bets against struggling crypto-friendly bank Silvergate Capital Corp. Most Read from Bloomberg Shares have plunged roughly 98% f...
Bed Bath & Beyond Reveals Receipt Of Additional Proceeds From Equity Offering
Bed Bath & Beyond Inc (NASDAQ: BBBY) has received approximately $135 million in gross proceeds, for a cumulative total of $360 million through Mar. 7, 2023, upon exercise of preferred stock warran...
Fed may stutter-step at end of interest rate hiking cycle for first time since 1990
U.S. financial markets are taking a more cautious approach as they forecast future Federal Reserve interest-rate decisions after Chair Jerome Powell said policymakers will likely need to raise interes...
Build A Basket Of High-Yielding Yet Safe REITs
Income investors are always on the hunt for higher-dividend yields, but too often stocks with high-dividend yields can be yield traps that are at risk of being cut. But higher yields do not always mak...
Top economist Mohamed El-Erian blames the Fed for bad messaging and stock volatility
Economists are unhappy with persistently high inflation and how the Federal Reserve is addressing it. Since the start of 2022, the Fed has hiked interest rates eight times, most recently in February. ...
Wall Street’s most successful hedge fund just politely told Fed Chair Jay Powell to shut up
If there was one piece of advice the boss of hedge fund Citadel LLC would give to the Federal Reserve, it would be to stop talking so much. Every time Fed Chair Jay Powell opens his mouth to discuss a...
‘Crypto Friendly’ Bank Silvergate to Wind Down Operations
Blaming “recent industry and regulatory developments,” crypto-friendly bank Silvergate announced today that it is winding down operations. According to a Wednesday press release by Silverg...
Marathon ends its credit facilities with Silvergate, prepays loan
Bitcoin miner Marathon Digital Holdings said it repaid its term loan and ended its credit facilities with liquidating Silvergate Bank, reducing its debt by $50 million. “We have been actively ...
Vitalik Buterin Has an NFT Collection? Quadratic Funding Drop Pulls In Millions
Ethereum creator Vitalik Buterin is a Web3 luminary, so word today of an NFT collection featuring his apparent stamp of approval has set Crypto Twitter ablaze—and led to surging sales of the NFTs to t...
Coinbase Introduces New Feature To Attract Millions Of Users To Web3, Here’s How
Coinbase has announced the launch of a new feature that the largest exchange in the U.S. claims will attract millions of users to web3. The new product, “Wallet as a Service” (WaaS), will allow busine...
Bitcoin Miner Marathon Digital Terminates Credit Facility With Crypto Bank Silvergate
Marathon said that on March 8, the term loan prepayment was completed, and the company’s credit facilities with Silvergate Bank were terminated, reducing its debt by $50 million, according to a statem...
Silvergate to shut down; 3AC founders advance OPNX plans
Ad The biggest news in the cryptoverse for March 8 saw Silvergate Capital announce that its crypto bank will halt operations following earlier reports that it would attempt a recovery with the FDIC. M...
Silvergate Stock’s Decline and Its Connection With Other Firms
Silvergate Capital’s stock fell 43% on Thursday. The bank is a leading crypto-friendly bank. The Silvergate Exchange Network (SEN) of the Bank is an immediate payment network for users of the digital ...
Bitcoin Twitter Taunts Paul Krugman Over TradFi Troubles
Famed economist Paul Krugman was never a crypto fan, but personal issues with a traditional financial company left him with some frustration to vent on Wednesday. “I’ve been using Venmo for yea...
Grayscale’s Sonnenshein left ‘encouraged’ after hearing in SEC case
Grayscale Chief Executive Officer Michael Sonnenshein is optimistic following a hearing over the Securities and Exchange Commission’s rejection of his firm’s application for a spot bitcoin...
Mutant Apes Meet Dungeons & Dragons in Web3 Game ‘The Glimmering’
Bored Ape Yacht Club NFT holders have broad license to use their owned artwork however they please, which has led to some diverse collaborations and derivative projects. Soon, one owner’s Mutant Apes ...
DeFiChain Set To Sponsor The National Fighting Championship In Germany
Advertisement     DeFiChain, a leading blockchain on the Bitcoin network, is elated to announce it will be sponsoring the National Fighting Championship (NFC). Accordi...
Collab.Land Grew ‘Because of Covid’ Creating Need for DAO Tools: Co-founder Anjali Young
Collab.Land Grew ‘Because of Covid’ Creating Need for DAO Tools: Co-founder Anjali Young Anjali Young, the co-founder of Abridged and Collab.Land, talked to Decrypt’s Jason Nelson at...
Massive Gaming Launches Web3-Based Game, House Of Slots
Advertisement     Massive Gaming, a blockchain-based gaming platform, recently announced the successful launch of its House of Slots game. Launched on March 6, House o...
Dogecoin Price Prediction for the Next Bullrun…DOGE at 1$ in sight?
The Dogecoin is the best-known meme coin and has been established on the crypto market for years. Almost every investor knows that this is a very speculative asset and still invest because the price p...
Sarah Shahi Relates To Her Character In Season 2
Sarah Shahi as Billie Connelly in ‘Sex/Life’ on Netflix. PHOTO BY SABRINA LANTOS/NETFLIX This article contains spoilers. In a recent interview, Sarah Shahi spoke about how much she relates...
Feds consolidate 40k BTC, prompting fears of imminent sell-off
Ad It seems that around 40,000 Bitcoin held in wallets linked to law enforcement seizures in the United States are currently being transferred, according to new data by Glassnode, a blockchain analyti...
Biden’s 2024 Budget Will Focus On ‘Billionaires Tax’ And Lowering The Deficit By $3 Trillion: Here’s What To Know
Topline President Joe Biden will propose new taxes on the wealthy in order to lower the federal deficit by $3 trillion when he unveils his 2024 budget plan Thursday — but the proposal is expected to f...
Fed Chair Ponders Potential for Digital Dollar to Send Bitcoin to Zero
U.S. Congressman Stephen Lynch (D-MA) expressed concern Wednesday over the possible impact of a central bank digital currency (CBDC), asking Federal Reserve Chairman Jerome Powell to ponder the potent...
House Members’ Account And Personal Identification Stolen
Topline Hundreds of House of Representatives members and employees were affected by a “significant” data breach into the Congress’ health insurance network this week, the House Office of the Chief Adm...
Tesla Stock Is Down. Steering Wheels Are Not the Reason.
Safety matters a great deal in the automotive market. Safety recalls and investigations, paradoxically, don’t matter as much. Investors might not be able to tell that by looking at stocks. Tesla (tick...