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The Federal Deposit Insurance Corp. announced late Sunday that First Citizens Bank will acquire the deposits, loans and branches of failed Silicon Valley Bank, an institution that catered to tech startups, including crypto firms. Bloomberg had initially reported that a deal was nearing completion and could be announced as early
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Forensic research platform Hindenburg Research has teased another report amid the ongoing US banking crisis. Following its Adani report, US short-seller Hindenburg Research says it will release a new report on another target soon. The New York-based research firm did not specify the next release and provided no details about timing
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press release PRESS RELEASE. Plena Smart Wallet, which is one of the first self-custodial wallets to support Account Abstraction is thrilled to unveil its hotly anticipated referral program that offers rewards worth up to $1,000,000 in $Plena tokens. The program aims to incentivize users to invite their friends and family
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Yuga's embrace of Ordinals is just a catalyst for embers that were already burning. Last year, for instance, Trust Machines, a startup looking to build the bitcoin ecosystem, raised $150 million last year to build bitcoin products. Counterparty, Liquid, Stacks, RSK, Lightning and others have been around for years building
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Bitcoin consolidated below the $24,000 level on Feb. 27, as cryptocurrency markets prepared for a big week of economic data. Durable goods orders from the United States will be released later today, with consumer confidence figures set for Tuesday. Ethereum rose back above $1,600, following a breakout on Sunday. Bitcoin Bitcoin (BTC)
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Speaking on a video call from a high-rise Singapore office building, Folkvang founder Mike van Rossum provided a candid account of the "messy" situation surrounding FTX's collapse and the aftermath. Source
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The CEO of crypto exchange Kraken, Jesse Powell, says U.S. regulators “let the bad guys get big and blow up because it serves their agenda.” The executive explained: “Bad guys operate with huge competitive advantages. They suck up users, revenue, and venture capital that would otherwise have gone to good
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Jesse Powell, the current CEO of crypto exchange Kraken, has called out United States financial regulators for letting “the bad guys” win to suit their agenda.In a Feb. 19 Twitter thread, Powell speculated that U.S. regulators — seemingly including the Securities and Exchange Commission (SEC) — were allowing crypto firms
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Bitcoin (BTC) is headed to either $28,000 or $19,000 and this week could decide all, fresh analysis says.In Twitter comments on Feb. 15, popular trader, Skew, told followers that BTC/USD is now in a “pivotal area.”“Next big move” due for BitcoinDespite returning above $22,000 on the back of the Feb. 14
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Small esports tournament organizers have started dabbling in blockchain tech to host tournaments and distribute prize pools. However, don’t expect to see it in the big leagues just yet, says an investor.Esports, or electronic sports, is a form of organized competition via video games. Players sometimes referred to as esports
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