Silicon Valley Bank Financial in talks to sell itself after attempts to raise capital have failed, sources say

The Silicon Valley Bank mobile app logo on a smartphone arranged in Riga, Latvia, March 10, 2023.  Andrey Rudakov | Bloomberg | Getty Images SVB Financial, parent of Silicon Valley Bank, is in talks t...

Sustainable sources mined over 90% of BTC during January, February

Ad Miners that use sustainable energy sources accounted for 91.3% of Bitcoin (BTC) mining during the first two months of the year, according to data shared by Climate Tech Vice President Daniel Batten...

BlockTower Capital quietly parts ways with top execs: sources

Published 1 hour and 10 minutes earlier on BlockTower Capital, a leading crypto investment firm, has parted ways with a pair of veteran executives. General partner Michael Bucella left the Miami...

Unknown Sources Target Crypto Investors with Malicious Computer Programs

Software specifically developed to remove malicious software Malwarebytes found two new varieties of malicious computer programs that are targeting bitcoin investors in desktop settings in an aggressi...

Blockchain.com Shopping Assets to Fill $270M Hole From Three Arrows Capital: Sources

Blockchain.com, the early Bitcoin wallet provider and exchange that boasted a $14 billion valuation as recently as last March, has been attempting to sell off assets in a scramble for capital.  Decryp...

Mt. Gox’s 2 Largest Creditors Pick Payout Option That Won’t Force Bitcoin Sell-Off: Sources

Creditors have waited nearly a decade to get a portion of their money back after Mt. Gox – one of the first and, at one time, the largest crypto exchange in the world – was hacked in 2014. Hackers mad...

Jump is the unnamed ‘US trading firm’ in SEC complaint against Do Kwon: sources

Jump Trading is the unidentified “U.S. trading firm” the Securities and Exchange Commission accused of helping support the TerraUSD stablecoin as it de-pegged from the dollar in 2021, acco...

Coinbase, JP Morgan relationship intact amid regulatory crackdown: Sources

Rising regulatory scrutiny isn’t coming between Coinbase and one of its banking partners, JPMorgan Chase.  The cryptocurrency exchange and the Wall Street stalwart are sticking together am...

NFT marketplace Blur set to raise at billion dollar valuation: sources

Part of its rise to prominence could be attributed to its schedule of airdrops — with prizes including blur tokens for traders who had different levels of engagement with the platform since its launch...

Ethereum burn hits 2-month high thanks to these sources

There was a notable increase in the number of ETH burned, but miner revenue declined. Ethereum’s development activity prevailed in highs as Shanghai upgrade draws near. The EIP-1559 proposal was appro...

Bitfinex and unknown sources deposit $13M in Alameda Research crypto wallet

Listen to this article. Sam Bankman-Fried’s bankrupt crypto trading outfit Alameda Research has received $6 million in Tether and $2.5 million in ether from Bitfinex’s hot wallet and $4.5 million wort...

Authentic Data Sources Are Gaining Traction Alongside Cryptosphere

Cryptocurrencies have not yet come to the mainstream but it has attracted a lot of users across the globe. With over 22K digital assets in this industry, it becomes difficult to track the statistics i...

Coinbase loses Bison Trail co-founders: Sources

The co-founders of Bison Trails left Coinbase today, according to three people familiar with the situation. Joe Lallouz and Aaron Henshaw created Bison Trails to run infrastructure on multiple b...

A Digital Assets Company for NFTs and Crypto Games, Sources Say

Amazon is reportedly working on a digital assets company that will power an NFT marketplace this spring. According to sources interviewed by the media outlet Blockworks, the retail giant has been buyi...

U.S. Visa Wait Exceeds One Year For Top Sources Of Inbound Visitors; Improvement Needed, Travel Group Says

The wait time for a visa interview at the U.S. Embassy in New Delhi, India was 577 days as of … [+] January 19, the U.S. Travel Association said. Photo dated 2013. (Photo by Priyanka Parashar /M...

Genesis creditors negotiating prepackaged bankruptcy: Sources

Genesis Global Capital creditors are negotiating a prepackaged bankruptcy plan with the firm, two sources familiar with the talks told The Block.  Creditors like the Winklevoss twins’ Gemi...

North America’s Biggest Sources Of Electricity By State And Province

On a national scale, the United States and Canada rely on a very different makeup of sources to generate their electricity. The U.S. primarily uses natural gas, coal, and nuclear power, while Canada r...

DCG’s Barry Silbert is Dodging the Hard Questions, Sources Say

Barry Silbert is attempting to shield himself and the company he heads from liability, four industry sources speaking under condition of anonymity have told Blockworks. In a shareholder letter on Tues...

Sources claim FTX investigation could exhaust the SDNY court

The criminal investigation into the fraud committed by the FTX exchange and its CEO Sam Bankman-Fried could be a lot more complex than lawmakers anticipated. Prosecutors in the U.S. District Court for...

Crypto trading firm QCP Capital has at least $97 million stuck on FTX: Sources

QCP Capital, a crypto trading firm based in Singapore, has at least $97 million stuck on FTX after the crypto exchange filed for bankruptcy last month. In an effort to recoup some cash, QCP is a...

Crypto exchange Bitvavo chasing $500M from Genesis, sources

European crypto exchange Bitvavo is part of the so-called creditors’ committee that is trying to wrestle more than $1.8 billion back from Barry Silbert’s Genesis Trading and its parent company, Digita...

Binance may have billions stashed in secret reserves not disclosed to public – Sources

Binance’s publicly reported reserves may only be a fraction of all the assets it holds and the exchange has “more money than it is letting on,” a source told CryptoSlate, citing people familiar with t...

Morgan Stanley cut about 2% of staff Tuesday, sources say

James Gorman, chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 24, 2019...

Genesis Creditor Groups’ Loans Amount to $1.8B and Counting: Sources

The Proskauer group takes the tally to $1.8 billion, with more to come in the form of a third ad hoc group being represented by Kirkland & Ellis, the law firm representing bankrupt crypto firms Ce...

Multicoin Lost More Than Half Its Crypto Fund’s Capital This Month: Sources

Cryptocurrency-focused asset manager Multicoin Capital lost more than half of its flagship fund’s capital in about two weeks. The drop of about 55% — one of the worst in Multicoin’s history — was trig...

Sam Bankman-Fried’s Alameda quietly used FTX customer funds without raising alarm bells, say sources

Tom Williams | CQ-Roll Call, Inc. | Getty Images The quant trading firm Sam Bankman-Fried founded was able to quietly use customer funds from his exchange FTX in a way that flew under the radar of inv...

Paradigm marks down FTX investment to zero: Sources

Crypto investment firm Paradigm has told its limited partners that it marked down its investment in now bankrupt exchange group FTX to zero following its liquidity meltdown, according to two persons f...

FTX Digital Markets co-CEO staying on, lawyering up: Sources

FTX Digital Markets CEO Ryan Salame is sticking around the bankrupt company to salvage what’s left and has hired lawyers amid the bankruptcy chaos, people familiar with the matter told The Block...

Bankman-Fried sold FTX equity to employees at 50% discount in spring: Sources

FTX CEO Sam Bankman-Fried sold equity in the firm at a 50% discount to employees in the spring, a person familiar with the matter told The Block.  In June, about 20 people were fired off across the or...

Sources say Binance could scrap the deal with FTX

Binance’s market-altering deal to acquire rival FTX might not go through, sources close to the matter told CoinDesk. On Tuesday, Binance announced a non-binding letter of intent to take over FTX but n...

AptosLaunch on course to raise $2 million in token round: Sources

AptosLaunch, a crypto startup offering a platform for Aptos-based projects to launch their tokens before an exchange listing, is on course to raise about $2 million in a token round.  The compan...

Crypto Finance Firm Galaxy Digital to Cut One-Fifth of Workforce: Sources

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