Silvergate may be poorly capitalized, reevaluating strategy in light of ‘regulatory challenges’
Silvergate’s share price plunged over 30% in post-market trading following news that its business could be on shaky ground.
SIlvergate stock plunges 31% after delayed filing raises doubts over future
Crypto-friendly bank Silvergate has delayed its 10-K filing, which reveals the financial health of the company. The news has sent its stock price down 31%.
Celsius creditors tout NovaWulf deal as ‘best’ option
Under a proposed bankruptcy deal, smaller creditors would get 70% of their money back.
Robinhood rolls out wallet to iOS customers globally
The wallet, which had a waitlist of over 1 million users, is a self-custody wallet that allows users to own and trade crypto.
Australian central bank to launch ‘live pilot’ of CBDC in coming months
The use cases for the CBDC ranged from offline payments to “trusted Web3 commerce” and financial industry participants were invited to undertake a live pilot.
Whale sells 1,010 NFTs in 48 hours: Nifty Newsletter, Feb. 22–28
NFT whale Machi Big Brother sold off 1,010 NFTs in 48 hours in what some dubbed the “largest NFT dump ever.”
FTX executive Nishad Singh faces parallel charges from SEC, CFTC
FTX executive Nishad Singh was charged by two United States regulators on February 28, adding further allegations to the list of federal charges that he received earlier in the day.
Ripple Lawyer Argues SEC Chair Gensler Has Prejudged Crypto Asset Cases
Recently, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), expressed his opinion in a detailed interview with New York Magazine’s Intelligencer regarding why he believes crypto…
Bitcoin Price Prediction as BTC Spikes Up 2.2% – What Caused the Rally?
Bitcoin, the world’s leading cryptocurrency, has witnessed a sharp uptick in its price, surging by 2.2% in recent days. The sudden spike has reignited the discussion around Bitcoin’s future trajectory…
Bitcoin’s Outlook for March; Mt. Gox Bankruptcy Repayments
Bitcoin is off to a positive start this month, as upbeat China manufacturing data alleviated global growth concerns and improved risk appetite in global financial markets. Sean Farrell of Fundstrat…
