Silicon Valley Bank has launched a $2.25bn share sale after suffering a large loss on its portfolio of US Treasuries and mortgage-backed securities, as the technology-focused lender grapples with risi...
Tag: shore
FTX seeks bailout to shore up liquidity; 60K BTC withdrawn from exchanges
The biggest news in the cryptoverse for Nov. 10 includes SBF planning to raise funds to bailout FTX and make users whole, SEC chairman Gary Gensler advocating for more investor protection following FT...
Bitstamp introduces ‘inactivity fee’ to shore up revenue
Crypto exchange Bitstamp has announced it will start charging an inactivity fee of €10 per month from August 1. The fee will not apply to users in the U.S. or those with an account balance of over €20...
Luna Foundation Guard Looks To Raise $1 Billion To Shore Up Embattled UST
The Luna Foundation Guard is looking to raise $1 billion from investors as the dollar-pegged stablecoin plummeted to nearly half its value amidst turmoil in the broader market. According to reports, t...
Bitcoin Price Breaches Critical Support, But Can It Shore Up the Move Above $50k?
Bitcoin price has kicked off its recovery after the January 5th market crash. There is an exponential surge in purchasing activity as investors accumulate the asset. As buying activity escalated, a t...
Opinion: Bernie Sanders and Elizabeth Warren’s bold tax hike to shore up Social Security
Elizabeth Warren and Bernie Sanders want to shore up Social Security by raising the top rate of income tax by a third, and the top rate of capital-gains tax by more than a half. The Democratic senator...