After being shut down by U.S. regulators on Sunday, crypto-friendly Signature Bank director and former Congressman Barney Frank claimed they had “no indication of problems.” They suggested the bank’s ...
Tag: Assets
How Centrifuge Is Making DeFi Impactful With Real-World Assets
Like many small business owners, Amazon sellers can find it hard to get the credit they need to expand. They hit a brick wall because all too often the option to unlock capital from their assets is ei...
BlockFi Bankruptcy Attorney Describes Digital Assets Lender as Safe amid Silicon Valley Bank Crisis
Christine Okike said BlockFi remains safe and looked to access significant cash held with Silicon Valley Bank yesterday. Despite the Silicon Bank exposure, a BlockFi bankruptcy lawyer maintains that ...
DRESSX $15M Series A To Be Deployed Towards Interoperability Of Digital Assets
DRESSX founders Daria Shapovalova and Natalia Modenova. DRESSX Fashion driven tech outfit DRESSX has announced a Series A raise of $15 million led by Greenfield with participants including Slow Ventur...
Mawson Infrastructure Group Inc. Confirms No Exposure to Silvergate Capital and SVB, Transfers All Assets Away from Signature
SHARON, Pa.–(BUSINESS WIRE)–Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, communicates to the market that it doesn’t have any historica...
Wyoming’s private keys bill addresses growing threat to rights and assets
Governor Mark Gordon of the United States state of Wyoming recently signed a bill preventing the forced disclosure of private keys in a move to protect the privacy of digital asset owners. The incomin...
FDIC Takes Control: SVB and Signature Bank Assets In Question Amid Crypto Market Rally
In a joint statement released by the US Treasury, Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC), it was announced that the FDIC has taken control of the assets of both Silicon ...
Over $25 Billion Of Crypto Assets At Risk, Here’s Why
Blockchain cybersecurity firm Halborn uncovers that over $25 billion of crypto assets are at risk of “zero-day” security vulnerabilities found in more than 280 blockchains. Crypto investors could end ...
South Dakota Governor Moves To Block CBDC Bill That Excludes Crypto Assets From Definition of Money
South Dakota governor Kristi Noem has vetoed a bill that aims to exclude digital assets from the legal definition of money – with the exception of central bank digital currencies (CBDCs). In an interv...
Powell chose financial assets over inflation, now prepare for the second wave of inflation and don’t rule out contagion
Quick Take An update since futures opened last night SVB depositors will have access to all of their money on March 13. The Signature Bank closed — all depositors will be made whole. Fed will make ava...
FDIC Races to Liquidate Assets for Uninsured SVB Deposits by Monday
FDIC works around the clock to liquidate assets for uninsured customers’ deposits. Silicon Valley Bank has over $209 billion in assets and $175.4 billion in deposits. Circle, the issuer of USDC stable...
Yellen says no government bailout while FDIC auctions SVB assets. Final bids due end of Sunday.
Silicon Valley Bank will not get a government bailout, Treasury Secretary Janet Yellen said on the news program Face the Nation Sunday. The tech industry-driven bank was shut down by regulators ...
Roku Among Most-Exposed Firms With Assets Caught in SVB Failure
(Bloomberg) — Of the companies listing assets caught up in the collapse of Silicon Valley Bank on Friday, Roku Inc. is among those reporting the heaviest exposure. Most Read from Bloomberg Dozen...
Regulators rush to sell SVB assets to make uninsured accounts partly available on Monday: Bloomberg
Regulators are scurrying to sell assets of the failed Silicon Valley Bank this weekend and hope to make between 30% to 50% of uninsured deposits available for withdrawal Monday, Bloomberg reported. &#...
Crypto Assets Conference 2023 to Kick Off This March
Join over 400 guests each day or 5,000+ online attendees at this year’s Crypto Assets Conference (CAC23A) from March 29 to 30, 2023. At one of Europe’s leading digital assets conferences to discuss t...
Will USDC’s Sudden Collapse Trigger Crypto Market to Crash? Here’s What to Expect from Top Assets
The world of cryptocurrency is known for its volatility, with prices rising and falling on a regular basis. However, the recent collapse of the USDC stablecoin has caused investors to fear that the en...
HedgeUp Set To Make Infusing In Alternative Assets Simple For All
Advertisement     HedgeUp (HDUP), a revolutionary platform, is set to transform the crypto market by giving crypto adherents an avenue to participate in the highly pro...
Top Crypto News Today: Silvergate Bank Liquidates Assets, Crypto.com Struggles to Maintain Fiat On-Ramps
According to court documents filed on Tuesday, FTX, the defunct cryptocurrency exchange, is offering a $4 million bonus program to retain its staff. FTX’s CEO, John J. Ray III, wants to offer bonuses ...
Amazon NFTs Will Be Linked to Real-Life Assets for Enhanced Customer Experience
Tech powerhouse Amazon plans to launch NFTs granting ownership of physical goods to improve customer experience and draw more shoppers. Amazon (NASDAQ: AMZN) is developing an initiative centered aroun...
US DoJ appeals billion-dollar Binance.US acquisition of Voyager assets
Though New York’s bankruptcy court signed off on Binance.US’ plan to purchase Voyager’s distressed assets, the United States government is making an effort to block the billion-dolla...
Amazon’s Plan to Tie Real-World Assets to Tokens and NFTs
Amazon, the world’s largest bookstore, has announced plans to tie real-world assets bought on Amazon to tokens and NFTs. If history repeats itself, Amazon could become the world’s largest seller of NF...
Voyager Continues Liquidating Crypto Assets for Circle’s USDC Stablecoin
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Over 130 US Banks Have Ongoing or Planned Crypto Assets Activities ⋆ ZyCrypto
Advertisement     The number of banks in the U.S. under the Federal Deposit Insurance Corporation (FDIC) dabbling with crypto assets has continued to surge, indicating...
US REPO task force names crypto as target in efforts involving $58B in sanctioned assets
The United States Treasury has announced deputies of the multilateral Russian Elites, Proxies and Oligarchs (REPO) Task Force have targeted crypto in Russian entities’ attempts to evade sanctions. In ...
Top 50 cryptocurrencies’ volatility is ‘predictable’ and digital assets behave more like equities: Report
Markets • March 9, 2023, 9:00AM EST Authors of perhaps “the most exhaustive study” ever done on the volatility of cryptocurrencies say they can now more accurately predict the intense swings gripping ...
Bankrupt Voyager Sells Off $56M Worth Of Assets In Last 24 Hours
Voyager sold $56 million worth of assets in 24 hours including 27,255 $ETH. Voyager received 33.7 million USDC from crypto platforms including Binance US and Coinbase. Voyager approved the selling of ...
Silvergate Capital Corporation Voluntarily Liquidates Bank Assets
31 seconds ago | 2 mins read Bitcoin News Silvergate winds down and is in process of voluntary liquidation. Bank plans to repay all the deposits after the liquidation. Silvergate, the crypto-friendly ...
Crypto Assets To Redefine Traditional Assets by 2030, Says Ark Invest
Ark Invest stated that the crypto assets would rival and redefine traditional assets by 2030. Lark Davis tweeted mentioning Ark Invest’s assumption that the crypto assets would be a $25 trillion asset...
Indian Government to Strengthen Control Over Digital Assets
20 seconds ago | 2 mins read Bitcoin News Regulation against money laundering applied to crypto trading, and associated financial services. FIU-IND will then receive reports of suspicious activities f...
Want to Leave Assets to Your Heirs? Consider Using a Taxable Account to Pay for a Roth Conversion
Want to Leave Assets to Your Heirs? Consider Using a Taxable Account to Pay for a Roth IRA Conversion A Roth conversion is one of the many tools in the financial toolbox to reduce taxes in retirement ...
Unlocking Your Digital Wealth: How to Secure a Home Loan Against Digital Assets
Start tracking a lender that will accept digital assets as security Finding a lender that will accept digital assets as collateral is your first step because not all lenders will. While some lenders a...
Decentraland and Cardano Holders Turn To LockYourCrypto.Com To Store Their Crypto Assets In 2023
Managing your crypto assets successfully is not an easy task. Decentraland (MANA) and Cardano (ADA) holders are turning to the new crypto storage platform, LockYourCrypto.Com. The platform has been ha...