Meta is winding down its non-fungible token (NFT) project barely a year after it began the initiative Collapse of NFT integrations is a critical failure for Meta in Zuckerberg’s “year of efficiency” T...
Tag: wind
There is an ill wind blowing
The Hang Seng index sell-off gained steam on Tuesday as fears of a global contagion spread. The closely watched index of Hong Kong blue chip companies, plunged by almost 2% and crossed a key support l...
How Wind Can Power the Planet and Aid GE Stock
The puffs of air that sway the grass on a summer’s day, the result of the uneven heating of the earth and its rotation, are one key to reducing humanity’s dependence on fossil fuels. Wind could be key...
Blockchain.com to wind down its asset management arm
Blockchain.com is winding down its asset management arm, which launched last April. The crypto startup has applied to strike the asset management subsidiary off the UK register and dissolve the ...
Silvergate Made Tough Decision to Wind Down Their Operations
Silvergate began its journey in the crypto industry in 2013. But late last year, the bank announced that it decided to exit warehouse lending and cut 20% of its workforce. It gave the reason for “the ...
Bitcoin, crypto prices subdued following Silvergate ‘wind down’ announcement
Markets • March 9, 2023, 11:27AM EST Cryptocurrency prices continued to trade in a relatively tight range, with volumes down following the collapse of crypto-friendly bank Silvergate. Bitcoin w...
Silvergate to wind down operations and liquidate the bank
Amid the crisis surrounding Silvergate, the parent company of Silvergate Bank, Silvergate Capital Corporation, has revealed plans to shut down operations and “voluntarily liquidate” the bank. The cryp...
Silvergate Corp., to Liquidate and Wind Down Operations as Regulatory Pressure Mounts
Silvergate Corporation, the parent firm of Silvergate Bank, has announced that it plans to wind down operations and liquidate the bank voluntarily. This decision follows the collapse of the crypto exc...
The Costs Of Wind Production Tax Credits Provided In The IRA
PALM SPRINGS, CA – DECEMBER 17: An El Nino-influenced storm breaks up over giant windmills on … [+] December 17, 2002 near Palm Springs, California. (Photo by David McNew/Getty Images) Get...
Crypto-Friendly Silvergate Bank to Wind Down Operations
On Wednesday, March 8, Silvergate Corporation (NYSE: SI) – the parent firm of troubled crypto-friendly bank Silvergate Capital, announced its intentions to wind down the operations as well as liquidat...
‘Crypto Friendly’ Bank Silvergate to Wind Down Operations
Blaming “recent industry and regulatory developments,” crypto-friendly bank Silvergate announced today that it is winding down operations. According to a Wednesday press release by Silverg...
Silvergate To Close Bank, Wind Down Operations
Per several reports, crypto-friendly bank Silvergate will liquidate the financial institution and reduce its operations. The bank faced issues following the collapse of one of its major partners, cryp...
Silvergate Reveals Intent to ‘Wind Down’ Operations
Crypto bank Silvergate is calling it quits. The company said Wednesday it intends to “wind down operations” and voluntarily liquidate the bank, calling it “the best path forward.” “The bank’s wi...
Silvergate will liquidate bank, wind down operations
Silvergate Capital Corporation said it will wind down operations and voluntarily liquidate the Silvergate Bank in accordance with applicable regulatory processes. “In light of recent indus...
Rising Freight Rates Put The Wind In The Sails Of Hong Kong Shipping Mogul Helmut Sohmen
This story appears in the February/March 2023 issue of Forbes Asia. Subscribe to Forbes Asia ss This story is part of Forbes’ coverage of Hong Kong’s Richest 2023. See the full list here. ss Hong Kong...
Tech Opportunities In Climate Change And An Aging Population
GLYN KIRK/AFP via Getty Images AFP via Getty Images Tech opportunities in areas like 5-G, cloud computing, healthcare, and finance took up the last posting. This one examines opportunities in meeting ...
Concerns over golden eagles partly prompt the redesign of wind farm
A golden eagle photographed in Scotland. The bird of prey is protected under the U.K.’s Wildlife and Countryside Act 1981. Education Images | Universal Images Group | Getty Images Plans for an o...
First NFT ETF set to wind down after failing to take hold
The first-ever ETF focused on NFTs is set to wind down at the end of the month, as a prolonged downturn in crypto continues to bite. The fund, which was launched at the end of 2021 by Defiance ...
Panamanian Crypto Bill Might Get a Second Wind in the Highest Court of the Country – Regulation Bitcoin News
The fate of the Panamanian crypto bill project, which was approved by the Panamanian National Assembly last year, now depends on the decision of the supreme court of the country. The sanction of the p...
European Solar And Wind Surpass Gas Power For The First Time
Harvesting soybeans under hanging solar panels in Amance, eastern France. Solar and wind overtook … [+] natural gas electricity generation to produce more than a fifth of the EU’s electric...
How did so many Jane Street traders wind up at FTX?
Established in 1999, quantitative trading firm Jane Street has grown to become a multi-billion-dollar Wall Street giant. The firm employs thousands of employees and, even though it’s not required to f...
Genesis To Wind Up Its Bankruptcy By May
Genesis, which filed for bankruptcy today, was in dispute with Gemini exchange. As per the exchange, Genesis owes nearly $900 million to Gemini customers due to its lending product, Earn. While Genesi...
There’s an ill wind blowing
Lucid (NASDAQ: LCID) stock price is in a recovery mode as global stocks rebound. It has surged to a high of $8.45, which was the highest level since December 13th. The shares have surged by more than ...
Coinbase To Wind Up Operations In Japan Following Crypto Winter?
Coinbase Global Inc has decided to cut down its employees in Japan, citing the reason of extreme market conditions, as a part of laying off 20% of the global workforce. The spokesperson for Japan’s Co...
Coinbase to wind down Japanese operations amid global staff cuts
Coinbase is closing down a majority of its operations in Japan and laying off staff located there, according to Bloomberg News. On Jan. 11, Coinbase’s Vice President for Business Development, Nana Mur...
Broadwind Stock Gains Following $175M Wind Tower Order
Broadwind Inc (NASDAQ: BWEN) has received $175 million in new tower orders from a global wind turbine manufacturer. The company will produce the ordered tower sections at both its Abilene and Manitowo...
DCG Wind Down Wealth Management Unit HQ
After DCG subsidiary Genesis Global Capital halted withdrawals from its platform in November 2022, the second biggest blow hit the US-based venture capital company. On Thursday, DCG announced that the...
Here’s Why Air Or Wind Chill Temperatures Can Be Negative
CLOSE-UP OF THERMOMETER COVERED WITH SNOW ON WINDOW getty I am typing this from the Atlanta area right now, and it’s cold. In fact, the current temperature at my house is 9 degrees F and the winds are...
Will FTX’s ill wind reach the Global South? Maybe not
With the crypto world still reeling from the FTX collapse, Brazil recently passed legislation that legalized cryptocurrency use for payments in the country. How to reconcile this with all those declar...
IBM’s ‘substantial’ dividend, debt take wind out of Big Blue’s sails as analyst downgrades stock
International Business Machines Corp.’s stock was downgraded Monday after one analyst said that with Big Blue’s transformation efforts and its somewhat stable stock price over the year, there isn’t mu...