US Government’s $1B Bitcoin Transfer Scares Investors, Bitcoin Dips
US authorities transferred $1 billion worth of bitcoin (BTC) recovered from a dark web hack to new wallet addresses, including one owned by Coinbase, on Wednesday,...
Author: Arthur
Silvergate Capital to liquidate after crypto collapse wipes out bank
Silvergate Capital (SI) said Wednesday afternoon that it will wind down operations and voluntarily liquidate its bank after a collapse in the crypto market has seen...
Silvergate Bank is discontinuing operations in a blow to the crypto industry
Silvergate Bank, a major player in the world of cryptocurrencies, plans to wind down operations and liquidate, the holding company said Wednesday afternoon. The holding company,...
Gitcoin’s Owocki says crypto can regenerate the world. Just don’t call him Starry-Eyed
Join the most important conversation in crypto and web3! Secure your place today DENVER – It’s easy these days to be a crypto cynic. From the...
Why GBTC conversion to an ETF would ‘immediately bring relief’ to the crypto industry
Shares of Grayscale’s Bitcoin Trust (GBTC) have risen more than 17% since Friday as optimism around the company’s efforts to convert the trust into an ETF...
Crypto-friendly lender Silvergate collapses – CNN
New York (CNN) Crypto-focused lender Silvergate said it is winding down operations and will liquidate the bank after being hit financially by digital asset turmoil. “In...
Silvergate Capital to liquidate after crypto collapse wipes out bank
Silvergate Capital (SI) said Wednesday afternoon that it will wind down operations and voluntarily liquidate its bank after a collapse in the crypto market has seen...
Silvergate shuts down operations, liquidates after crypto meltdown
Omar Marques | Lightrocket | Getty Images Silvergate Capital, a key lender to the crypto industry, said Wednesday it is winding down operations and liquidating the...
Airbit Club executives plead guilty to fraud in $100M crypto ‘Ponzi’ scheme: DOJ
Published: March 8, 2023 at 6:55 PM ET Several executives of Airbit Club, a so-called cryptocurrency mining and trading platform, have pleaded guilty in New York...
Mastercard teams up with Bybit to introduce new crypto-powered debit card
Payments giant Mastercard is partnering with cryptocurrency exchange Bybit to launch a debit card capable of transacting using digital asset holdings. According to the announcement, the...