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Silvergate shares soar after Citadel Securities discloses 5.5% stake
Shares of Silvergate Capital (NYSE:SI) soared on Tuesday after news Citadel Securities had disclosed a 5. 5% stake in the California-based crypto-friendly bank. At the time of writing, the company’s shares were trading around $17. дальше »
2023-2-16 22:46 | |
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Revolut Leads UK Crypto-Friendly Efforts With New Crypto Staking Feature
Revolut recently launched a cryptocurrency staking feature on its app. Kicking off with Cardano, Tezos – and much later to join – Ethereum and Polkadot, Revolut is looking to tap into growing crypto interest among its nearly 25 million unique users. дальше »
2023-2-14 21:17 | |
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Class-action lawsuit alleges Signature bank ‘permitted’ FTX comingling customer funds
Crypto-friendly Signature Bank has been drawn into a class-action lawsuit over its role in the operations of the defunct crypto exchange FTX, according to a February 6 court filing. The post Class-action lawsuit alleges Signature bank ‘permitted’ FTX comingling customer funds appeared first on CryptoSlate. дальше »
2023-2-7 16:22 | |
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This Bank Ends loans Secured By Crypto Mining Rigs, What’s Ahead?
A crypto-friendly bank, BankProv, has recently announced that it will no longer offer loans backed by crypto mining rigs. Previously, the bank offered such loans as a way for clients to fund their mining operations. дальше »
2023-2-2 11:22 | |
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Crypto-friendly bank ends loans backed by mining rigs: Details inside
BankProv will no longer provide loans secured by cryptocurrency mining rigs after writing off $47.9 million in loans. Mining rigs that secured loans have been forced to sell equipment during thThe post Crypto-friendly bank ends loans backed by mining rigs: Details inside appeared first on AMBCrypto. дальше »
2023-2-1 16:30 | |
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Blackrock Increases Stake In Silvergate To 7.2%
BlackRock, a global investment company managing over $10 trillion of assets as of January 2022, has increased its stake in Silvergate Bank, a crypto-friendly bank, to 7. 2%, according to a filing with the United States Securities and Exchange Commission (SEC) on January 31 shows. дальше »
2023-2-1 05:30 | |
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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 itself out of the liquidity crisis of 2022. дальше »
2023-1-28 11:18 | |
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Crypto bank Silvergate suspends preferred stock dividend
Crypto-friendly bank Silvergate announced its suspended payment of dividends on its series A preferred stock. The company’s shares fell more than 11% pre-market after the announcement. Silvergate reported a $1 billion loss in the fourth quarter and also cut its staff by 20% amid the crypto bear market and impact of FTX collapse. дальше »
2023-1-27 18:54 | |
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Twitter Expands Price Index Feature To Cover 30 Crypto Assets As The Market Flips Super Green
Elon Musk’s leadership of Twitter has shown its commitment to crypto assets since his takeover last October with new crypto-friendly innovations and more promises for the future. дальше »2023-1-17 22:03 | |
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Silvergate Capital shares plunge nearly 50% amid crypto-related negativity
Silvergate Capital Corp (NYSE: SI) shares dropped sharply on Thursday, with intraday declines as of midday more than 47% to see the crypto-focused bank’s stock trade around $11. 52. Silvergate shares fall as investors withdraw $8 billion in deposits Losses for crypto-friendly bank’s shares followed the company’s fourth-quarter report before markets opened. дальше »
2023-1-6 20:18 | |
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Crypto-Friendly Silvergate Faces $8 Billion In Customer Withdrawals
According to a report from The Street, crypto-friendly bank Silvergate (SI) retraced on a massive 27% rally following a preliminary quarter result. The financial institution recorded a steep decline in customer withdrawals. дальше »
2023-1-6 20:09 | |
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Exclusive interview: Algorand interim CEO Sean Ford says “Our time is now”
Taking place in Dubai, the industry’s newly-adopted “crypto-friendly” hub, we discussed Algorand’s technology and achievements, its plans in the middle east, the state of the market in the wake of recent events, and Algorand’s place in it all. дальше »
2022-12-21 06:00 | |
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SlateAsia #2 – Taiwan emerging as crypto-friendly hub in Asia
Highlights Jason’s recent move to Taipei, Taiwan for his venture capital firm, Sora Ventures The advantages of Taiwan as a location for blockchain and cryptocurrency companies The potential for experimentation and innovation in the blockchain industry in Taiwan The comparison of Taiwan to Singapore and Hong Kong in terms of their regulatory frameworks and their […] The post SlateAsia #2 – Taiwan emerging as crypto-friendly hub in Asia appeared first on CryptoSlate. дальше »
2022-12-14 02:00 | |
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Silvergate stock plummets below the two-year low
Silvergate, a crypto-friendly bank based in San Diego, becomes the latest victim of the crypto downfall. The company released a public statement pleading to have been exposed to the FTX debacle. Silvergate falls victim to FTX collapse Silvergate bank has… дальше »
2022-12-14 00:02 | |
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Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren
Senator Elizabeth Warren (D-Mass) and two GOP senators have asked crypto-friendly bank Silvergate (SI) for answers over its supposed role in facilitating transfers between bankrupt exchange FTX and its sister firm Alameda Research, NBC reported Tuesday. дальше »
2022-12-7 18:30 | |
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50 days left until Digital Assets Summit in Switzerland
One of Europe’s most exciting blockchain conferences — the World Crypto Conference 2023 — will be held from Jan. 13 to 15 in Switzerland, the global center of traditional finance and one of the world’s most crypto-friendly countries. дальше »
2022-12-25 12:00 | |
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Runner-up of Most Crypto-Friendly Country May Come as a Surprise to Some
Singapore has unsurprisingly topped recent rankings for the most business-friendly country for cryptocurrencies, with the UK notably coming in second. The post Runner-up of Most Crypto-Friendly Country May Come as a Surprise to Some appeared first on BeInCrypto. дальше »
2022-11-29 16:15 | |
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EOS blockchain creator Brendan Blumer bought a 9.3% stake in Silvergate Capital
Brendan Blumer — a creator of smart contract platform EOS and one of the richest people in crypto — just single-handedly became the largest shareholder in crypto-friendly bank Silvergate Capital. A recent SEC filing reveals that BLumer acquired a 9.3%… дальше »
2022-11-25 01:15 | |
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Congress’s Failure to Pass Regulation Caused FTX’s Debacle, Asserts Crypto-Friendly Senator
US Senator Pat Toomey has blamed FTX’s collapse on the lack of clear regulations. Speaking during the Financial Regulators Hearing on November 15, the legislator took aim at the US Congress, suggesting that if the house had passed regulations on custody for the industry earlier, the FTX implosion could have been avoided. “It certainly appears […] дальше »
2022-11-18 23:56 | |
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How Is Crypto Taxed In Germany? Is It Really Crypto-Tax Free Country?
Intro Germany is one of the most crypto-friendly countries in the world, especially compared to other European nations. The concept of crypto is a digital representation of value that is not created nor guaranteed by a central bank or other public institution. дальше »
2022-11-5 17:54 | |
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Crypto-Friendly Britain Prime Minister Liz Truss Steps Down After 44 Days in Office
Liz Truss resigned from her position as U.K. prime minister after a 44-day stint that couldn't make good on the promise of low taxes. The post Crypto-Friendly Britain Prime Minister Liz Truss Steps Down After 44 Days in Office appeared first on BeInCrypto. дальше »
2022-10-20 19:13 | |
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Why the US is one of the most crypto-friendly countries in the world
The United States is making strides on crypto regulation, and it's home to the largest number of Bitcoin and Ethereum nodes in the world. дальше »
2022-10-9 02:52 | |
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Probinex creates a new all-in-one ecosystem to tackle traditional finance
A native utility token, staking program, crypto-friendly e-wallet, an audited platform for a broader public, and eventually, a 24/7 exchange combining traditional assets with cryptocurrencies. ProbineThe post Probinex creates a new all-in-one ecosystem to tackle traditional finance appeared first on AMBCrypto. дальше »
2022-9-13 15:45 | |
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Chamber of Digital Commerce urges SEC to approve Bitcoin ETF for US investors
Blockchain advocacy group Chamber of Digital Commerce has called on the SEC to approve a spot Bitcoin ETF to prevent United States Bitcoin investors from turning to more crypto-friendly countries. дальше »
2022-9-13 22:33 | |
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Binance In Talks With Nigeria, Looks To Establish A Crypto-Friendly Zone
Authorities in Nigeria and cryptocurrency exchange Binance Holdings Ltd. are in talks tto create a digital economic zone that will support blockchain technology adoption by businesses in the West African country. дальше »
2022-9-8 00:59 | |
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Russia to settle cross-border payments using stablecoins
Deputy Finance Minister Alexey Moiseyev has confirmed that Russia is working with crypto-friendly countries to facilitate cross-border payments using stablecoins as sanctions from U. S and United Kingdom mount, local news TASS reported on September 6. дальше »
2022-9-7 22:23 | |
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Nigeria in talks with Binance for a Digital City
The Nigerian government has tapped leading cryptocurrency exchange Binance to help develop a crypto-friendly digital economic zone in the country. Announced on Saturday by the Nigeria Export Processing Zone Authority (NEPZA), the project is targeted at promoting digital entrepreneurship around blockchain technology. дальше »
2022-9-5 19:15 | |
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Nigeria To Build Crypto-Friendly Digital City In Partnership With Binance
Binance, the world’s largest exchange is in talks with the Nigeria Export Processing Zones Authority (NEPZA) over plans to create a special economic zone focused on crypto and blockchain-related businesses. дальше »
2022-9-5 17:22 | |
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Revolut Said to Be Under Pressure From Regulator Over Risk of 'Material Misstatement' in Auditing: Report
Crypto-friendly digital bank Revolut is under pressure from U.K. regulators after "unacceptably high" risk of "material misstatement" was highlighted in the auditing of its accounts, the Financial Times reported Monday. дальше »
2022-9-6 15:49 | |
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Crypto Accounts Are Being Deactivated In Portugal’s Major Banks – Here’s Why
“Crypto-friendly” banks in Portugal have started deactivating accounts of digital currency exchanges, which could be a sign of things to come. Banking giant Banco Comercial Portugues, the largest publicly traded bank in Portugal, terminated all of the accounts of the Lisbon-based crypto trading platform CriptoLoja last week. дальше »
2022-8-5 20:09 | |
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Rock on, Gibraltar: Pro-crypto regulation pulls Binance and big players
Crypto experts on The Rock of Gibraltar shed light on the crypto-friendly jurisdiction; it could explain why Binance is now recruiting on the British Overseas Territory. дальше »
2022-8-3 17:09 | |
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Crypto turmoil hasn’t impacted the wider financial system: SEC commissioner
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce says the crypto sector is “too small” as it is to impact the broader financial system. In an interview with Bloomberg Surveillance on Thursday, the crypto-friendly SEC official also explained that regulators cannot decide on a regulatory approach just “based on price. дальше »
2022-7-29 23:41 | |
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