Category Archives: Allgemein

Silicon Valley Bank Parent Company Files for Bankruptcy SVB Financial Group (SIVB), the former parent company of Silicon Valley Bank, has filed for Chapter 11 bankruptcy protection in the U.S. The bank had some crypto customers, including Circle Internet Financial … Continue reading →

• Silvergate Bank is winding down its operations after announcing it would delay filing its annual 10-K. • Jim Bianco, President of Bianco Research LLC, believes the crypto-friendly bank „had to be perfect“ in order to succeed in the industry … Continue reading →

• Swing, a cross-chain liquidity protocol, released a new “no-code” product that reduces the time needed for deploying and updating decentralized applications across multiple blockchains. • The product enables developers to update configurations and deploy updates without changing the code. … Continue reading →

• The International Monetary Fund’s (IMF) Executive Board has stated that cryptocurrency should generally not be granted legal tender status. • Banco do Brasil (BB), Brazil’s largest public bank, has enabled the payment of taxes with cryptocurrencies. • The IMF … Continue reading →

• Short trades on Bitcoin, Ether and other cryptocurrencies resulted in $200 million in losses. • Bitcoin-backed futures saw the most liquidations, at over $85 million. • The market capitalization of cryptocurrencies rose 8.8%, with Okb and BNB Chain’s bnb … Continue reading →

• Robinhood reported $39 million in crypto trading revenue in Q4, down 24% from Q3. • The company also announced its intention to purchase 55 million shares from a holding company for former FTX execs and cancelled nearly $500 million … Continue reading →

• Bitcoin (BTC) recently traded at around $22,700 after a 4% drop in the past 24 hours. • Equities closed lower as traders awaited the Federal Reserve’s decision on interest rates Wednesday. • Arca Director of Trading and Operations Wes … Continue reading →

• Vela Exchange’s DXP utility token has surged in the past 24 hours with its price more than doubling since Wednesday morning. • The rally is ahead of the widely anticipated release of Vela’s beta version on Arbitrum, which is … Continue reading →

• Timothy Stranex, the co-founder and chief technology officer of cryptocurrency exchange Luno, left in December to pursue personal projects. • Simon Ince has taken over as the company’s new CTO. • Luno has offices in London, Singapore, Cape Town, … Continue reading →

Bullet Points: • FTX claims are being sold on the bankruptcy marketplace Xclaim with buyers offering around 13 cents on the dollar. • This is in contrast to other failed companies such as Voyager Digital, BlockFi and Celsius Network, which … Continue reading →