Silvergate Capital Corporation told the U.S. Securities and Exchange Commission that it may be “less than well-capitalized” and said it was “reevaluating its business” in a filing with the agenc...
Tag: Capitalized
Jump Crypto says it remains ‘well capitalized’ following FTX downfall
Jump Trading’s cryptocurrency arm said it remains “well capitalized” after FTX and Alameda Research filed for Chapter 11 bankruptcy protection earlier this week. On Saturday afternoo...
BUSD overtakes ADA and returns as seventh most capitalized cryptocurrency
The battle in the market capitalization ranking between Binance’s stablecoin BUSD and the token of the Cardano blockchain ADA continues. BUSD claims the 7th position by capitalization ADA’s overtaking...
Secondary Stablecoins Capitalized on Lapse of Tether (USDT) Peg
Secondary stablecoins were able to capitalize on Tether slipping from its peg, following the collapse of TerraUSD last month. On May 12, the largest stablecoin Tether briefly dipped from its $1 peg to...
Peloton earnings miss, CEO says company is ‘thinly capitalized’
Peloton’s turnaround will take a while, new CEO Barry McCarthy warned shareholders on the company’s earnings Tuesday, adding that the company was “thinly capitalized for a business o...