Topline HSBC on Monday announced it was acquiring the U.K. arm of failed Silicon Valley Bank (SVB), throwing a much needed lifeline to the country’s tech and life sciences sectors and ending a frenzie...
Tag: Rescues
Flash flooding in Texas forces road closures and rescues
Brooke Conley looks for personal items to salvage at her flooded wellness studio in the Fair Park section of Dallas, Tuesday, Aug. 23, 2022. Residents are cleaning up the day after heavy rains across ...
Crypto Exchange FTX US Rescues BlockFi With $640 Million Deal
FTX US, the United States division of Sam Bankman-Fried’s cryptocurrency derivatives exchange FTX has signed a “definitive agreement” worth $640 million with troubled crypto lender BlockFi. According...
Sam Bankman-Fried rescues crypto lenders BlockFi, Voyager
With no central bank willing to come to the rescue, beleaguered crypto companies are turning to their peers for help. Billionaire crypto exchange boss Sam Bankman-Fried has signed deals to bail out tw...
DeFiance Capital rescues $13.3 million at risk of being stolen
It’s been a bad week for DeFiance Capital. On Tuesday, it was reported that DeFiance Capital founder Arthur Cheong fell foul to a phishing attack by clicking a malicious link in an email. His persona...
Hardware Hacker Rescues $2M in Crypto From Trezor Wallet
After two investors lost hope in recovering $2 million worth of Theta tokens, engineer and inventor Joe Grand, came to the rescue. The funds were stored in a Trezor wallet, one of the most popular col...