California-based crypto bank Silvergate has suspended dividend payouts to preserve its “highly liquid balance sheet.” In a Jan. 27 announcement, the firm stated that it is halting “the payment of divi...
Tag: Suspends
dYdX suspends the Layer-2 transfer feature to seal a possible exploit
dYdX, a decentralized exchange supporting the perpetual trading of crypto assets, including ethereum (ETH) and bitcoin (BTC), has suspended the Layer-2 transfer feature. The move follows a recommendat...
Silvergate Bank Suspends Dividend Payments to Preserve Liquidity
Silvergate, a cryptocurrency bank located in California, has temporarily halted dividend distributions in order to protect its “very liquid balance sheet.” The company declared on January ...
Crypto-Friendly Bank, Silvergate, Suspends Dividend Payouts
Silvergate, a California-based crypto bank whose shares are listed on the New York Stock Exchange, is suspending dividend payout to remain highly liquid as the digital currency market tries to pull it...
FTX linked bank Silvergate suspends dividend
Silvergate, a bank favored by Sam Bankman-Fried, recently announced the suspension of a preferred stock dividend. Suspension of Series A preferred stock dividend In a recent press statement, Silverg...
Revolut Suspends Launch of Native Token RevCoin, Here’s Why
Revolut is holding off on its token launch to determine the full extent of the damage caused by the FTX crash. Fast-growing fintech Revolut is presently trying to decide the best time to launch its na...
DCG Suspends Quarterly Dividends Amidst Genesis Crisis: Report
Barry Silbert’s crypto conglomerate, Digital Currency Group (DCG), revealed halting quarterly dividends until further notice. In an email to shareholders, as viewed by Bloomberg, the crypto investment...
Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis – Bitcoin News
According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the...
Digital Currency Group Suspends Payouts To Maintain Liquidity
In an effort to maintain its existing level of liquidity, the venture capital company Digital Currency Group (DCG) has informed its shareholders that it would temporarily suspend the payment of its qu...
Digital Currency Group (DCG) Suspends Dividends To Save Cash
The Digital Currency Group is halting dividend payments in a bid to maintain liquidity. Distressed subsidiaries, including Genesis, have prompted DCG to make this decision. The company’s CEO has been ...
DCG suspends dividend payments to preserve liquidity
The cryptocurrency company Digital Currency Group has notified its shareholders that it will suspend dividend payments temporarily. In a letter addressed to its investors, DCG emphasizes the need to c...
Top crypto firm suspends investor dividends citing liquidity distress – Cryptopolitan
Multiple crypto firms are still contending with tight liquidity despite the market recovery to the $1 trillion mark. The 2022 crypto winter and industry shortcomings forced many firms to limit expense...
VanEck Suspends Russia ETFs Due to Prolonged Inactivity after Russia’s Invasion of Ukraine
Investment firm VanEck recently suspended two Russia ETFs as Western sanctions bite hard on profitability. New York-based asset manager VanEck is liquidating its Russia exchange-traded funds (ETFs) fo...
Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading – Mining Bitcoin News
Bitcoin miner Argo Blockchain announced that it requested the suspension of trading its company shares on Dec. 27, as the company expects to make an announcement on Wednesday, Dec. 28, 2022. The compa...
Argo blockchain suspends trading on Nasdaq due to upcoming announcement
Bitcoin mining firm Argo blockchain has suspended trading of its American depositary shares (ADS) on Nasdaq, according to a Dec. 27 press release. The company said it needed to suspend trading because...
Bitcoin Miner Argo Blockchain Suspends Trading on NASDAQ
Bitcoin mining company Argo Blockchain has requested that trading of its shares and unsecured notes on the NASDAQ stock exchange be suspended until Wednesday. The embattled company, which trades on bo...
Bitcoin miner Argo Blockchain suspends Nasdaq trading pending announcement
Bitcoin miner Argo Blockchain requested that trading be temporarily suspended on Nasdaq pending an announcement by Wednesday’s open. Trading is expected to resume on Wednesday, it said in ...
Tesla Suspends Production in a Key Market
It’s been a nightmarish year-end for Tesla. It is the complete opposite of what its charismatic and visionary CEO, Elon Musk, promised in October. “We’re looking forward to a record...
Argo Blockchain Suspends U.S. Share Trading for 24 Hours
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British Columbia Suspends New Crypto Mining Operations
Josie Osborne, Minister of Energy, Mines and Low Carbon Innovation stated that this decision was taken to ensure the preservation of clean energy for consumption by residents and businesses which will...
British Columbia suspends new crypto mining energy requests
Crypto mining firms looking to start up in British Columbia province are out of luck, at least for the next 18 months as the Canadian province is temporarily refusing new requests from miners for powe...
DCG suspends repayments citing liquidity issues
Digital Currency Group, which manages $296.7 million (280 million euros) in deposits and digital assets for off-chain staking services, recently experienced liquidity issues due to the bear market, ha...
Bitvavo suspends repayments citing liquidity issues
Digital Currency Group’s Bitvavo, which manages $296.7 million (280 million euros) in deposits and digital assets for off-chain staking services, recently experienced liquidity issues due to the bear ...
Elon Musk Suspends Prominent Journalists, Halts Twitter Space
Twitter Inc.’s live audio platform, Twitter Spaces, is down after several journalists who had their accounts suspended recently discovered they could still participate there. Elon Musk, the owner of T...
Binance Auditor Mazars Suspends Services For Crypto Firms
Crypto exchange Binance on Friday said its auditor Mazars has suspended services for cryptocurrency firms including crypto exchanges, reported Bloomberg. According to a Binance spokesperson, France-ba...
Musk Suspends Journalists, Crypto Twitter Reports Issues
Twitter boss Elon Musk has suspended the accounts of several journalists. While the mainstream media harshly criticizes Musk, numerous voices are supporting the decision. Meanwhile, Crypto Twitter is ...
Twitter Suspends Accounts For Rival Mastodon And Several High-Profile Journalists
Topline Twitter suspended accounts late Thursday belonging to rival social media platform Mastodon and several journalists who had reported on Twitter’s new management, in the latest apparent crackdow...
Twitter Suspends Multiple Accounts Tracking Billionaires’ Private Jets, Bans Sharing Of Publicly Available Flight Data
Topline Twitter on Wednesday banned several accounts which shared publicly available data on the locations of private jets belong to multiple billionaires, including Twitter CEO Elon Musk who said he ...
Twitter Suspends Account Tracking Elon Musk’s Private Jet
Topline Twitter suspended the account tracking the whereabouts of the private jet belonging to its billionaire CEO and owner Elon Musk on Wednesday—just a month after Musk promised the account was saf...
Binance suspends trader’s account after complaints on Twitter
Crypto exchange Binance closed a trader account on Dec. 9 after a user complained about the exchange’s response for alleged funds theft. Binance CEO Changpeng “CZ” Zhao said the firm does not wa...