Silvergate Bites The Dust, Down 35% As Crypto-Friendly Bank Ceases Operations

Silvergate Capital Corporation, the holding company for crypto-friendly Silvergate Bank, announced on Wednesday its decision to cease operations and voluntarily liquidate its bank.   Shares of Silvergate (SI) have taken a significant hit, trading down over 35% on the Nasdaq in the last seven days, in light of the recent regulatory approach by authorities to the industry. дальше »

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CryptoSlate Wrapped Daily: Silvergate to shut down; 3AC founders advance OPNX plans

The biggest news in the cryptoverse for March 8 saw Silvergate Capital announce that its crypto bank will halt operations following earlier reports that it would attempt a recovery with the FDIC. The post CryptoSlate Wrapped Daily: Silvergate to shut down; 3AC founders advance OPNX plans appeared first on CryptoSlate. дальше »

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Silvergate Bank will halt operations and undergo liquidiation

Silvergate Bank will wind down operations and undergo liquidation, according to a March 8 press release from its holdings company, Silvergate Capital. The post Silvergate Bank will halt operations and undergo liquidiation appeared first on CryptoSlate. дальше »

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Pension Fund-Backed Parataxis Capital Shakes Off Crypto Winter With New Fund

The fund employs a long/short relative value trading strategy, and will launch with $25 million to $50 million in capital. дальше »

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Three Arrows-Backed Rook protocol sees surge in activity: ROOK price surge 14%

Three Arrows Capital hedge fund filed for bankruptcy last year. Three Arrows Capital invested in the seed round for Rook in 2020. There are speculations that Zhu Su and Kyle Davies may have completed a $25 million fundraise. дальше »

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DeFi Protocol Maverick Unveils UniSwap Rival Decentralized Exchange on Ethereum

Maverick Protocol said that it developed a novel automated market maker algorithm that offers more customization and higher capital efficiency than top decentralized exchange UniSwap. дальше »

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Crypto Payroll Startup Toku Raises $20M

Blockchain Capital led the round for the firm, which also offers tax compliance solutions. дальше »

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Is it safe to buy Bitcoin after Silvergate Capital’s stock price crash?

Bitcoin price crashed last Friday as Silvergate Capital delayed filling a 10-K report  No bounce followed  For bulls to have a case, Bitcoin needs to hold support and break two resistance levels Last Friday, Bitcoin price lost $1,400 on news that it delayed filling a 10-K report. дальше »

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Three Arrows-Backed Crypto Liquidity Protocol Rook Surges 23% on Fundraise Speculation

Liquidity protocol Rook has experienced a surge in activity with its token rising by 23% on speculation that Three Arrows Capital founders Zhu Su and Kyle Davies have completed a fundraise for the bankruptcy-claims exchange. дальше »

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Silvergate turns to US congress agency for help

Silvergate Capital is reportedly holding talks with the US Federal Deposit Insurance Commission (FDIC) to get ideas on remaining afloat as its financial woes worsen. Silvergate Capital, one of the numerous victims of the disgraced Sam Bankman-Fried’s FTX exchange collapse,… дальше »

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Swiss Bitcoin App Relai Raises $4.5 Million Led By Jeff Booth’s Ego Death Capital

The funding will be used to expand the platform's retail Bitcoin on-ramp in Europe, add zero-fee trading, support for Lightning and more. дальше »

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Silvergate faces bankruptcy concerns amid capital flight

Crypto bank Silvergate may halt operations after it issued a warning last week stating it could be short of capital. дальше »

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Биткоин и эфир упали на 5% после приостановки сотрудничества криптокомпаний с Silvergate

Крупнейшие цифровые валюты биткоин (BTC) и эфир (ETH) за неделю потеряли в стоимости более 5% после того, как криптокомпании объявили о приостановке сотрудничества с Silvergate. Как уточняет Bloomberg, в конце прошлой недели биржа Coinbase и Digital Asset Capital свернули партнерство с этим цифровым банком. дальше »

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Silvergate Halts Crypto Payments After Suffering $1 Billion Loss

Silvergate Capital has pulled the plug on its Silvergate Exchange Network (SEN) after the bank specializing in digital assets voiced questions about its viability. SEN, the bank’s platform for crypto payments, is one of its most popular services. дальше »

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Multicoin Capital’s Hedge Fund Lost 91.4% Last Year, Investor Letter Reveals

The fund’s performance was severely impacted by direct exposure to now-bankrupt crypto exchange FTX and holdings in FTT and Solana-based tokens. дальше »

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Circle moves its USDC reserve deposits out of troubled Silvergate Bank

Silvergate bank in a filing on Wednesday said losses might leave it with less capital than it needs. The bank recently closed its SEN Platform which institutions used to move money to crypto exchanges. дальше »

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Silvergate stock dips following suspension of crypto payments network

Silvergate Capital has announced that it will discontinue the Silvergate Exchange Network. The news led to the crypto bank's share price tanking over 2% in after-hours trading. Silvergate CaThe post Silvergate stock dips following suspension of crypto payments network appeared first on AMBCrypto. дальше »

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Bitcoin mining companies defy market trend with positive gains

Quick Take Following the news of Silvergate Capital and the liquidations that occurred on March 2 through to March 3, Bitcoin is down 4.5%; however, Bitcoin mining stocks are bucking the trend. The post Bitcoin mining companies defy market trend with positive gains appeared first on CryptoSlate. дальше »

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Next FOMC Will Set The Stage For Bitcoin And Crypto For Entire Year

The Bitcoin and crypto market could be headed for another sideways trend until March 22. QCP Capital, a leading digital asset trading firm in Asia based in Singapore, has released a new market analysis related to the current macroeconomic environment, calling the next Federal Open Market Committee (FOMC) meeting of the U.S. Federal Reserve (Fed) […] дальше »

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Crypto price predictions: EOS, Immutable X, QuickSwap

Cryptocurrency prices plunged this week after Silvergate Capital postponed its annual report, pushing its stock price down by over 60%. Bitcoin plunged to $22,000 while Ethereum price retreated to about $1,565. дальше »

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USDC issuer Circle joins companies ditching crypto bank Silvergate 

USDC stablecoin issuer Circle has announced its withdrawal from specific services involving Silvergate Capital Corp, joining other companies in distancing themselves from the troubled crypto bank. дальше »

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Bitcoin Price Holds Steady Above $23K as Silvergate Capital Crumbles

That Silverage’s troubles are not a negative catalyst for BTC’s price “has to be seen as a positive,” one analyst says. дальше »

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MicroStrategy Says It Doesn’t Have Any Assets Custodied With Silvergate

Business software company Microstrategy (MSTR) said it has no assets custodied with Silvergate Capital (SI) and is in no other way financially linked to the bank other than a commitment to repay a loan in 2025, the company said on Thursday. дальше »

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Silvergate stock crashed 50% on Thursday: here’s why

Silvergate Capital delayed submission of its annual 10-K report. JPMorgan downgraded Silvergate stock to underweight today. Silvergate Capital is now down 65% versus its year-to-date high. Silvergate Capital Corp (NYSE: SI) was cut nearly in half this morning after it delayed the submission of its annual 10-K report. дальше »

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Silvergate shares nosedive 47% amid annual report delay

California-based crypto-friendly company Silvergate Capital will delay its annual financial report filing with the US Securities and Exchange Commission (SEC) while hinting that it would come under more regulatory scrutiny from banking regulators and US authorities.  In a filing on… дальше »

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Venture Capital Firm 8VC Secures $880M with Mission to ‘Fix a Broken World’

Coinspeaker Venture Capital Firm 8VC Secures $880M with Mission to ‘Fix a Broken World’ 8VC has been investing in diverse businesses and companies from sectors such as life sciences, logistics, IT infrastructure, financial services, government and defense, consumer, and enterprise. дальше »

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Philippine Tycoon To Build $300 Million AI Hub With Singapore-Based Evolution Data Centres

Megawide Industries, owned by Filipino business magnate Edgar Saavedra, is making a foray into the AI and data center industry with a $300 million co-location center development in Cavite, just outside the country’s capital city of Manila, in cooperation with Singapore’s Evolution Data Centres. дальше »

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BridgeTower Capital to On-Ramp Lido, Offers Security Token for Avalanche’s Staking Rewards

The announcements highlight BridgeTower's emphasis on regulatory compliance. дальше »

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BridgeTower Capital to Onramp Lido, Offers Security Token for Avalanche’s Staking Rewards

The announcements highlight BridgeTower's emphasis on regulatory compliance. дальше »

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Silvergate Capital Misses SEC Annual Report Filing – Stock Plunges

Silvergate Bank announces delay in filing its annual 10-K report. Stock price plummets over 30% in after-hours trading. The post Silvergate Capital Misses SEC Annual Report Filing – Stock Plunges appeared first on BeInCrypto. дальше »

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Bitcoin Kicks Off March in The Green as Crypto Markets See Favorable Capital Inflows

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Стоимость токена CoinFLEX взлетела на 9000%

Токен биржи CoinFLEX показывает запредельные показатели на фоне сотрудничества с беглыми основателями рухнувшего хедж-фонда Токен обанкротившейся криптобиржи CoinFLEX (FLEX) показывает запредельные финансовые показатели даже несмотря на связь с беглыми основателями рухнувшего хедж-фонда Three Arrows Capital (3AC). дальше »

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Redeem Raises $2.5M to Let Users Receive NFTs Via Phone Numbers

Kenetic Capital led the round ahead of Redeem's second-quarter product launch. дальше »

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VIDEO: GameFi – where did it all go wrong, and what does the future hold?

They said that blockchain and gaming were a match made in heaven. The only problem is that match got very, very ugly over the past year or so. The decline of the play-to-earn model and wipeout of capital from the crypto space at large has hit GameFi particularly hard. дальше »

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Crypto Lender Voyager Received Single-Page Value Statement From Hedge Fund Three Arrows Capital

Court documents show the level of due diligence carried out by Voyager Digital with regard to its investment in 3AC. дальше »

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Illuvium DAO Says “No” to 3AC Founder

Following a unanimous vote from the DAO, Illuvium will not collaborate with 3AC founder Su Zhu on an NT pack-opening event.   The Illuvium community does not wish to be associated with the Three Arrows Capital (3AC) founder Su Zhu. дальше »

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Smart Money Goes Short As Macros Cast Gloom On Crypto

Digital assets are a relatively new asset class that made smart money investors fall in love with high gains during the 2021 bull market. Traditional finance institutions like venture capital firms then poured billions onto the crypto market, boosting development of certain protocols and projects. дальше »

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Real Reason Behind Ethereum's Underperformance Explained by Analyst

Ari Paul, CIO and managing partner of BlockTower Capital, argues that the current market dynamics that make it hard for large-cap cryptocurrencies to experience a meaningful price rally дальше »

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Entertainment NFT Firm Orange Comet Raises $7M in Equity Round

he company, which has created digital collectibles for athlete Scottie Pippen and “The Walking Dead”, plans to raise more capital later this year. дальше »

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Fixed Income DeFi Platform Term Finance Readies for Business

Term Labs, the platform's builder, raised a $2.5 million seed round led by Electric Capital with participation from Coinbase Ventures, Circle Ventures and others. дальше »

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Illuvium DAO votes against NFT contest with disgraced Three Arrows Capital founder Su Zhu

The governance DAO of web3 gaming protocol Illuvium has voted against a proposal to feature controversial Three Arrows Capital (3AC) founder Su Zhu in the upcoming Illuvita NFT-opening contest. The post Illuvium DAO votes against NFT contest with disgraced Three Arrows Capital founder Su Zhu appeared first on CryptoSlate. дальше »

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Non-Custodial Liquid Staking Platform Ether.Fi Closes $5.3M Fundraise

The round was co-led by North Island Ventures, Chapter One and Node Capital and included participation from BitMex founder Arthur Hayes. дальше »

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Voyager found dumping its ETH, USDC and SHIB each week

Arkham Intelligence has revealed that Voyager Digital has been selling off large amounts of its crypto holdings on a weekly basis. The company filed for bankruptcy last July. Voyager Digital, one of the countless victims of Three Arrows Capital (3AC)… дальше »

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DCG records over $1b loss in 2022 amid crypto collapses

Digital Currency Group (DCG), a venture capital conglomerate with subsidiaries including Genesis and crypto news publication Coindesk, recorded over $1 billion loss in 2022, majorly as a result of Three Arrows Capital’s collapse which impacted Genesis.  According to the report… дальше »

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52 Million Americans Own Crypto Amid ‘Frustration’ In Biased Financial System: Survey

A year of disaster for the cryptocurrency market saw the demise of Terra/Luna, Three Arrows Capital, and Celsius Network, as well as the failure of the FTX exchange. Investors were left in a state of disarray, misery, and uncertainty as a result of the events, and many began to wonder if the business had a […] дальше »

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DCG losses top $1B on the back of 3AC collapse in 2022

The crypto conglomerate reported that falling crypto prices and the fallout from Three Arrows Capital’s loan default to Genesis affected its results. дальше »

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Blockchain Founders Fund raises $75M to encourage Web3 mass adoption

The fundraising round included Polygon, Ripple, Octava, NEO Global Capital, Appworks, Sebastien Borget of The Sandbox, GSR, LD Capital, Metavest Capital and others. дальше »

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Fintech Dominated Sequoia and a16z Investments in 2022

Major venture capital firms are doubling down on fintech, with the industry dominating the portfolios of firms like Sequoia Capital and a16z. The post Fintech Dominated Sequoia and a16z Investments in 2022 appeared first on BeInCrypto. дальше »

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Руководство криптопроекта Phoenix исчезло вместе с деньгами инвесторов

Популярный криптоинвестиционный проект Phoenix Community Capital с капитализацией около $800 млн, связанный с политиками и медийными личностями Великобритании, перестал возвращать деньги инвесторам. дальше »

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What’s Behind Hong Kong’s Approach To Crypto? Kaiko Weighs In

Hong Kong’s Securities and Futures Commission (SFC) has taken a new approach to the crypto industry. This new way to regulate the nascent sector could benefit the crypto market and bring a new wave of capital to the largest digital assets in the ecosystem. дальше »

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