Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren

2022-12-7 18:30

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.

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Источник: coindesk.com

warren bank → Результатов: 28

Sen. Warren goes after Silvergate’s relationship with FTX

Elizabeth Warren and two other Republicans questioned Silvergate regarding the crypto bank’s involvement with FTX and the Bankman-Fried businesses. As NBC News wrote, Elizabeth Warren, a Massachusetts Democrat and member of the Senate Banking Committee, wants to understand the nature…

2022-12-7 23:26	silvergate
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US Senators Warren, Sanders Ask Key Bank Regulator to Rescind Crypto Guidance

U.S Senators Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.), Richard Durbin (D-Ill.) and Sheldon Whitehouse (D-R.I.) asked the Office of the Comptroller of the Currency to rescind interpretative letters allowing banks to engage in crypto activities, and explain how involved banks are becoming in crypto.

2022-8-11 20:19	policy
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Nubank Now Allows 53 Million Brazilians To Buy Bitcoin

Over 53 million Brazilian customers can now buy bitcoin through the country’s largest digital bank, Warren Buffett-backed Nubank.

2022-6-30 19:19	News
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Warren Buffett-Backed Digital Bank Nubank Buys Bitcoin, Adds Trading In App

Brazil’s largest digital bank added bitcoin to its treasury and now allows customers to buy, sell and hold the currency in its mobile app.

2022-5-12 22:57	Warren Buffett
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Crypto Hater Warren Buffett Invested $1 Billion In A Crypto-friendly Bank

Warren Buffett, who once said cryptocurrency is nothing more than a “rat poison,” now invests $1 billion in a digital bank, Nubank, located in Brazil. In particular, Buffet’s company Berkshire Hathaway purchased 1 billion worth of shares of a blockchain-based bank, also known as neobank.

2022-2-17 13:02	Warren Buffett
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Senator Elizabeth Warren Calls Crypto The New Shadow Bank

US Senator Elizabeth Warren lashes out against cryptocurrency in the latest outburst of yet another crypto skeptic. The Senator referred to the asset class as the “new shadow bank” that failed to offer consumer protections for its users.

2021-9-8 00:18
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SEC Creates A Stand-Alone Office to Conduct Investigations into Crypto and Other Digital Assets: Report

“Crypto is the new shadow bank,” says Senator Elizabeth Warren, who says regulators should consider banning the banks in the US from holding cash deposits backing up stablecoins to effectively end the growing market.

2021-9-6 15:24	Legal & Regulation
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JPMorgan Survey: 49% of Institutional Investors Agree Cryptocurrency Is ‘Rat Poison’ as Warren Buffett Says or a Fad

Investment bank JPMorgan conducted a survey of thousands of investors from 1,500 institutions and found that 49% of them think that cryptocurrency is either “rat poison squared,” the term used by Berkshire Hathaway CEO Warren Buffett to describe bitcoin, or “a temporary fad.

2021-6-24 03:00	Warren Buffett
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Warren Buffett’s Berkshire Hathaway Invests in Bitcoin-Friendly Digital Bank

Berkshire Hathaway, the company led by CEO Warren Buffett, has invested $500 million in a pro-bitcoin digital bank. Nubank says it will offer bitcoin investment following its acquisition of brokerage firm Easynvest which offers the trading of Brazil’s first bitcoin exchange-traded fund (ETF).

2021-6-10 03:30
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Warren Buffett’s Berkshire Hathaway Invests $500Mln in Digital Bank Offering Bitcoin ETF Investment

Warren Buffett’s Berkshire Hathaway has made an investment of $500 million in the parent company of Nubank. Founded in 2013, Nubank is a privately held digital asset bank with roughly 40 million customers.

2021-6-8 20:29	ETF Exchange Traded Fund
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Warren Buffett’s Berkshire Hathaway Invests $500 Million In Digital Bank That Works with Bitcoin

Vocal Bitcoin hater Warren Buffett invests in a digital bank that offers a Bitcoin ETF to its clients

2021-6-8 16:45
bitcoin digital bank warren invests buffett etf

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Warren Buffett further trimmed his position in the bank stocks

Warren Buffet and his company, Berkshire Hathaway, recently cut their position on Wells Fargo. The move saw the sale of 100 million Wells Fargo shares, as Buffett continues to move away from the damaged US economy.

2020-9-5 14:20	Cryptocurrency
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Here’s How Warren Buffett Dumping Bank Stocks For Gold Could Launch Bitcoin Price To $50,000

Warren Buffett’s Berkshire Hathaway has dumped the shares of banks and other financial companies while buying shares of Barrick Gold during the quarter that ended on 1 July. This investment came as a huge surprise to many given how Warren Buffett has constantly criticized gold in the past.

2020-8-16 21:53	xbtusd
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Warren Buffett Buying Gold May Push Bitcoin to $50K, Investors Say

Warren Buffett’s Berkshire Hathaway sold bank stocks to buy a gold mining company, which will indirectly boost the price of Bitcoin, investors say.

2020-8-15 15:07	Markets
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Bitcoin Is Better Than Gold Right Now: Galaxy Digital’s Mike Novogratz

Eyes are starting to fall on both Bitcoin and gold as money printing continues. Case in point: It was revealed that Warren Buffett through Berkshire Hathaway sold many bank stocks while acquiring Barrick Gold shares.

2020-8-15 10:00	xbtusd
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Op-Ed: Why You Should Hold Bitcoin Over Government Fiat?

The Bank of England governor-designate earned himself a place in Bitcoiners’ hall of shame alongside Peter Schiff and Warren Buffett. Bitcoin has “no intrinsic value,” he said. Anyone who wants to buy it should “be prepared to lose all your money.

2020-3-7 23:00	фиат
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US Second Largest Bank, Bank Of America, Secretly Tests Ripple XRP Technology

Recent reports leak that the second-biggest bank in the US, has secretly piloted Ripple’s blockchain technology and is poised to do more with it. Late last year, during a seminar organized by the International Monetary Fund (IMF), Ripple recognized Warren Buffett-backed Bank of America as one of its customers during its presentation. Probed about whether […]

2019-10-17 19:28	Ripple (XRP)
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Warren Buffett Wants to Raise His Bank of America Stake over 10%

Coinspeaker Warren Buffett Wants to Raise His Bank of America Stake over 10%It is reported that Warren Buffett wants to get permission from the Federal Reserve to increase Berkshire Hathaway's stake in Bank of America.

2019-10-16 14:48	Warren Buffett
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ICYMI: Circle CEO Weighs in on China’s Digital Currency Initiative, Facebook’s Libra, and Lunch with Warren Buffett

In a series of interviews over the last week, Circle CEO Jeremy Allaire has weighed in on how China is far ahead of any other country in creating a Central Bank Digital Currency and why that will help lead to the internationalization of the yuan. He has also broken down

2019-9-14 18:34
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Anti-Crypto Billionaire Munger Defends Bank Scandal as ‘Honest Mistake’

By CCN: Warren Buffett sidekick Charlie Munger likened “bitcoin people” to the apostle who betrayed Jesus. Meanwhile, he views scandals set in motion by Wells Fargo executives as an ‘honest mistake.

2019-5-7 20:30	Wells Fargo
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Famous Swiss Investor Marc Faber Finally Buys Bitcoin

Renowned Swiss investor and central bank critic Marc Faber has finally bought Bitcoin (BTC). Does this mean the bear market is on its way out? Marc Faber may not be revered for his views on racial equality.

2019-3-14 19:00
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Buffett’s Wells Fargo Fined Over 20% Of Bitcoin’s Market Cap Since 2000

For all his Bitcoin-bashing bluster, Berkshire Hathaway’s Warren Buffett is hardly a bastion of business virtue. He continues to defend BH investment Wells Fargo bank, despite almost $15 billion in penalty fines since 2000.

2019-3-10 16:00	Wells Fargo
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Elon Musk Secures $500 Million in Chinese Bank Loans for Tesla Gigafactory Despite CEO Eject Threat

Elon Musk might be fighting for his job in the U. S. , but his company is on track to achieve its dream of mass producing its Model 3 sedans in China. The company has secured over $500 million in loans from Chinese lenders as it inches closer to building its vehicle and battery Gigafactory in China.

2019-3-9 17:25	Tesla
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Kraft Heinz Weighs Radical Sale of 127-Year Old Coffee Brand after $16 Billion Stock Wipeout

Kraft Heinz reportedly no longer believes its iconic coffee brand Maxwell House is ‘Good to the last drop’ (as the brand’s slogan says). According to CNBC, the food giant could sell Maxwell House among other assets.

2019-2-25 15:10
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Bitcoin Mass Adoption Will Happen Naturally

Bitcoin mass adoption, contrary to popular belief, will not occur by “educating” the public. Instead, this transition will happen naturally as young generations become increasingly familiar and confident in this technology.

2018-11-9 23:00	Warren Buffet
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Roubini Faces Off With Coin Center’s Van Valkenburgh at Senate Hearing

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	Regulation
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DMM Bitcoin to use loans and capital raise to repay customers after $305M in bitcoin was stolen in a recent security breach. The post DMM Bitcoin announces compensation strategy for hack victims appeared first on Crypto Briefing.

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2022-12-7 18:30

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