Silvergate Crypto Bank’s Net Losses Jump to $1 Billion in Q4 2022
Silvergate Bank noted that they have initiated action to maintain the cash liquidity including the selling of debt securities and wholesale funding.
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Silvergate Bank noted that they have initiated action to maintain the cash liquidity including the selling of debt securities and wholesale funding.
The technology sector in general is struggling now, and Microsoft has been waiting for quite a long before cutting its workforce. Other companies started to lay off their staff much earlier.
The new Mac devices from Apple feature the most powerful processors built by the company.
Leading crypto asset Bitcoin has been on the mend since the FTX bankruptcy situation and is now riding a two-month high.
New York banking giant Goldman Sachs suffered its worst earnings miss since 2011, with quarterly profit sinking 66% year-over-year.
New York banking powerhouse Morgan Stanley has posted its Q4 2022 financial report, which reveals mixed results.
N26 recently launched N26 Crypto, a new digital currency trading initiative it hopes would gain traction across the West.
Previously, the Chinese CBDC has been subjected to a series of retail trials in some of its most technologically advanced regions including but not limited to Shanghai and Suzhou.
A strong 28% jump in the BTC over the last two weeks has given crypto miners some relief after they faced acute financial stress last year.
US gaming developer Activision Blizzard is looking for a new Chinese partnership after NetEase turned down its latest proposal.
Several nations trying to adopt CBDCs have maintained that digital currencies should only complement cash rather than outrightly replace them.
The combined CryptoSlam and Forkast.news entity will devise creative means to attain profitability.
Japan is also using its position on the International Financial Stability Board to push for global regulations of the cryptocurrency industry.
Binance announced it recorded a huge influx of institutional investors interested in digital assets during the fourth quarter of 2022.
Bradesco joins other banks in Brazil already offering tokenized assets including Itaú Unibanco and Santander.