2023-10-4 13:37 |
The San Francisco-headquartered firm fired 26 employees in an effort to go public despite banking challenges.
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Silvergate shares plummeted 46% as the company announced to lay off 40% of its workforce, equating to approximately 200 employees. Silvergate struggles to remain in business Silvergate, a publicly traded crypto banking company, has had its share price fall 46%…
2023-1-6 13:00 | |
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JPMorgan Chase & Co has announced job posts calling for crypto-savvy employees and those with experience in Bitcoin and Ethereum. The job postings all reveal the bank’s intentions to include digital currency services as part of its banking merchant and consumer payment services, though very cautiously.
2021-6-4 20:36 | |
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A year of reorganization has left its mark on Germany’s leading financial institution. Deutsche Bank revealed this week it suffered significant losses in the last quarter and all of 2019. The banking giant claims that the damage is “entirely driven by transformation-related effects” such as compensation for sacked employees and devalued assets.
2020-2-1 03:30 | |
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The Scandinavian banking giant retains its hawkish stance on crypto two years after banning it
2019-12-4 17:50 | |
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During a time of increased competition from within the banking sector and fintech startups, DBS Group CEO and Director Piyush Gupta helped to usher in a period of digital transformation—bringing the financial institution to the forefront of global banking leadership.
2019-11-21 01:35 | |
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The Indian banking sector is facing multiple challenges. Customers of several cooperative banks are still struggling to withdraw their money, and deaths have been reported in connection with withdrawal restrictions.
2019-10-23 11:00 | |
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The banking sector continues to suffer drastic layoffs as the global economic outlook remains uncertain. The latest financial institution reported to be set for cutting a massive amount of workers is HSBC, which has already announced firing thousands of people just a few weeks ago.
2019-10-8 04:25 | |
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Coinspeaker Revolut Expands Into 24 New Markets Through the Deal With VisaRevolut, a UK-based financial technology company that offers banking services, has signed a new deal with Visa.
2019-10-1 13:49 | |
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Banking giants are in trouble and it’s starting to show. Key players in the industry have already announced massive job cuts and executives with hefty salaries have been dismissed. HSBC, the largest bank in Europe, has revealed it plans to lay off over 4,000 employees and Citigroup is preparing to shrink its trading staff slashing […] The post Big Banks, Big Troubles: HSBC, Deutsche, Societe, and Citi Lay Off Thousands Worldwide appeared first on Bitcoin News.
2019-8-9 03:00 | |
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QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him.
2019-2-26 22:21 | |
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A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation.
2019-2-15 01:45 | |
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In the current freelancing industry, many platforms only allow independent contractors to use one bank account. In addition to restricting freelancers to the use of fiat only, this can also cause significant lag times when employees work with companies overseas.
2019-2-15 20:14 | |
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Back in November last year, Noble Bank was the subject of many news stories as they were close to bankruptcy. The firm offered both banking and OTC trading services, and they fervently sought a buyer to save them after Bitfinex kicked them to the curb. While the fate of many of the employees is still […]
2019-2-9 05:17 | |
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It’s only a matter of time before Issuance completely takes over the legendary Fintech brand, CrowdfundX. The West LA-based digital investment company will effectively take over the company’s entire revenue streams, its employees and clients and the rapport it enjoys.
2019-2-8 22:29 | |
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Cryptocurrency payroll service Bitwage has partnered with Texas-based payroll and Human Relations firm Simply Efficient HR to help companies fund W2 Employees and payroll tax payments using crypto.
2019-1-16 05:22 | |
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Tether Limited is back in the news; this time, it has confirmed a banking relationship with a financial institution based out of the Bahamas. The issuer of the controversial USD-pegged stablecoin tether (USDT) announced its partnership with Bahamas-based Deltec Bank & Trust Limited.
2018-11-2 00:27 | |
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There is no greater irony than a bank which banned its employees from buying Bitcoin getting nailed for money laundering. Finance industry regulators in Sweden have received a report which alleges that Finland based Nordea Bank could be embroiled in a money laundering scandal.
2018-10-19 07:31 | |
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Fidelity Investments has launched a new business to allow its institutional clients to trade in digital currencies such as bitcoin, a press release reveals. Known as Fidelity Digital Asset Services, LLC, the company will purchase and sell cryptocurrencies for family offices, hedge funds and other monetary ventures.
2018-10-16 22:22 | |
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Nouriel Roubini, an economist best known for his predictions of the 2008 housing bubble, and Peter Van Valkenburgh, Coin Center’s director of research, testified before the U.
2018-10-12 18:06 | |
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GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY).
2018-10-10 02:10 | |
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LinkedIn has been keeping its finger on the pulse of the United States’ most thriving startups, and crypto organizations are showing tremendous signs of life — and growth.
2018-9-8 23:36 | |
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Open banking consumer app creating fintech startup ORCA Alliance is paying employees in cryptocurrency. To be exact, ORCA is giving their workers the right but not the obligation to receive... Lithuanian blockchain start-up ORCA paying salaries in crypto
2018-6-27 13:06 | |
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Marginfi creator Edgar Pavlovsky announced his resignation from the protocol, citing his disagreement with the way “things have been done internally or externally.” In an X post on Apr. 11, Marginfi’s founder, Edgar Pavlovsky, revealed his decision to step away…
Anthony Pompliano teams up with ex-TechCrunch reporter to launch a new startup aimed at “helping blockchains better communicate with their developers.” American entrepreneur Anthony Pompliano announced a new venture in an X post on Apr. 9 aimed at addressing the…
The volume of venture investments in the crypto industry reached $2 billion in the first quarter of this year.
A new crypto startup Neoclassic Capital founded by former employees from Goldman Sachs, BlockTower raised funding from Marc Andreessen, Chris Dixon, and Jeff Vinik. A pair of alumni from banking giant Goldman Sachs, BlockTower Capital secured funding for their new…
Derivatives Monke also responded to the tweet, saying that Iyer was trying to blame them for ZigZag’s failure: "You are an envious loser."
Layer-1 solution Nibiru Chain has announced the launch of its public mainnet, boasting 40,000 transactions per second. Nibiru Chain, a layer-1 blockchain network that previously raised $12 million from a pool of investors like Kraken Ventures, has launched its public…
New York City-headquartered blockchain startup Monad Labs is seeking $200 million to build the scalable smart contract distributed ledger. Monad Labs, a blockchain startup founded by former Jump Trading staff, is reportedly aiming to secure $200 million in funding and…