California-based cryptocurrency bank Silvergate Capital reported a net loss of $1 billion in Q4 2022. Silvergate shares have lost over 70% of their value following the FTX exchange’s meltdown. Califo...
Tag: Reports
Crypto White Hat Platform Immunefi Banned 15 ChatGPT-Generated Bug Reports. Here’s Why
“There’s a difference between something like GitHub Copilot and ChatGPT. With the former, you are driving the process and the role of Copilot is offering useful suggestions in context, which you accep...
New reports show travel risks around the world
From catching Covid-19 to getting caught in a blizzard, traveling can be risky business these days. But just how risky often depends on the destination — and how you define the risks. Safest cities: p...
Silvergate Reports $1B Deficit In Q4 2022
A class-action lawsuit is now being brought against Silvergate Bank because of its interactions with FTX and Alameda Research. Silvergate Bank has declared that it expects to report a net loss of $1 b...
DeFi Bounty Platform Immunefi Bans Generative AI Bug Reports
Smart contract bug bounty platform Immunefi banned 15 people for allegedly submitting bug reports created by the generative artificial intelligence tool ChatGPT. The whitehat hacker bounty platform in...
Silvergate reports $1B net loss in the fourth quarter of 2022
Silvergate Bank, which currently faces a class-action lawsuit over its FTX and Alameda Research dealings, has announced a $1 billion net loss attributable to common shareholders in the fourth quarter ...
Silvergate reports a loss of nearly $1b to the SEC
Silvergate Capital, a leading global virtual asset bank, announced its Q4 results, leading to a yearly loss of $949 million. This is a bad sign for the firm compared to 2021 when it created a $75.5 mi...
Shock loss! Silvergate reports a massive $1B net loss in the fourth quarter of 2022 – Cryptopolitan
Silvergate Bank, currently involved in a class-action lawsuit regarding its FTX and Alameda Research proceedings, has declared an alarming net loss of $1 billion for common shareholders during the fou...
Silvergate reports $1 billion net loss amid significant outflows
Silvergate Capital Corporation (NYSE:SI) and its wholly-owned crypto-focused subsidiary Silvergate Bank, recorded a more than $1 billion net loss during the fourth quarter of 2022, according to financ...
An Abrupt End to Ferrari NV- Velas Network Deal; Reports Bloomberg
Ferrari NV’s Formula One Team and blockchain company Velas Network AG ended its ties The multi-year agreement with Velas to create digital content for its community ends with no explanation. Amber Gro...
Ethereum Price Prediction 2023: ETH Crypto to Rally above $2000 in 2023 – Reports!
Ethereum Price Prediction suggests maximum recovery of ETH crypto during 2023 and it may recover above $2000 by mid 2023 speculates some analysts. Ethereum price has recovered above 20, 50 and 100-day...
An All-Time High Illicit Crypto Transaction Volume; Reports Suggest
Chainalysis released the yearly analysis of the illicit crypto transaction volume. The platform declared that the illicit transaction volume has reached an all-time high of $20.1 billion. All the shar...
JPMorgan Reports Earnings Friday. Here’s What to Expect.
JPMorgan Chase will be one of the first big banks to report fourth-quarter 2022 financial results on Friday, and Wall Street expects a mixed bag. Revenue at the bank is forecast to swell to $34.5 bill...
Citigroup Reports Earnings Friday. Here’s What Wall Street Expects.
Citigroup is in the midst of a yearslong turnaround. On Friday, Wall Street will see how successful the bank’s efforts have been. Like most of its peers, Citigroup (ticker: C) is expected to post a dr...
Porsche reports uptick in global sales despite big drop in Taycan EV
Porsche shares rose in their stock market debut Thursday, in one of the biggest public offerings in Europe ever. Bloomberg | Getty Images Porsche managed to increase its global deliveries last year by...
WisdomTree Reports Monthly Metrics for December 2022
2022 net inflows over $12 billion Nine consecutive quarters of net inflows Record global AUM approaching $82 billion NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator,...
Taiwan Semiconductor Manufacturing reports record net profit and revenue on chip demand
Taiwan Semiconductor Manufacturing Co. said Thursday that fourth-quarter net profit rose to a new record thanks to growing demand for high-speed computing and better margins. The world’s largest contr...
Biden’s Team Finds Another Batch Of Government Records After Discovering Classified Docs In Private Office, Reports Say
Topline President Joe Biden’s aides discovered a second batch of government records after initially uncovering classified documents in a private office Biden used at a D.C. think tank, according to mu...
Is Veru Inc. Share a Good Pick to be added to the Watchlist? VERU Stock Price may Rally in 2023 – Reports
Veru Inc. shares may surge by this time of 2023 and will recover itself with a strong spike as speculated by some analysts from established financial firms. VERU stock price has been consolidati...
Shiba Inu demand soars amid Bugatti Group partnership reports
The Shiba Inu cryptocurrency’s developers have hinted at a major announcement in partnership with the Bugatti Group. A promotional video alludes to a range of handbags with a Shiba Inu pattern. Howeve...
The Walt Disney Company 100 Years Anniversary Gift, Disney Stock Price may Rally above $100 – Reports!
Disney Stock price has broken out of an interesting falling pattern and closed the week with its surging streak. Disney Stock Price has recovered above 20 and 50-EMA, and may continue its recovery pha...
VeChain Price Prediction 2023: VET Crypto to Recover Maximum in 2023 – Reports!
Vechain price prediction suggests that VET crypto has been consolidating inside the horizontal range bound area over the daily price chart. VET crypto has recovered till 20-EMA but is still below 50, ...
Crypto Has a Loss of $3.9 Billion in 2022; Reports Immunefi
Immunefi reported that the crypto industry has a loss of $3.9 billion in 2022. The major cause of the loss is the hacks, constituting 95.6%. The report also suggests that the most targeted chains in 2...
Huobi’s HT token drops amid layoffs and insolvency reports
Huobi’s native token plunges, as the reports across crypto media and crypto Twitter hint at layoffs and potential insolvency. HT price down 30% in one month Data from the crypto ranking website CoinMa...
Ex-FTX Lawyer Cooperated With US Prosecutors, Reuters Reports, Citing Source Familiar
A former lawyer of Sam Bankman-Fried’s bankrupt FTX crypto firm provided details of what he knew about the company’s dealings during a meeting with officials of the U.S. Department of Just...
Logan Paul suggests Coffeezilla hire lawyer after CryptoZoo reports
Social media personality Logan Paul is at the center of the debate about play-to-earn games, crypto, NFTs, and CryptoZoo. Paul warned YouTuber Coffeezilla in a recent video, who published videos on Pa...
CORRECTING and REPLACING Tokens.com Reports Financial Results for Fiscal Year 2022
TORONTO–(BUSINESS WIRE)–Ninth bullet under 2022 Operational Highlights of release dated December 29, 2022 should read: Successful tenant leases for virtual land by tier-one brands. The updated release...