Crypto-friendly bank Silvergate has announced plans to shut down in an orderly manner and fully repay all deposits.
German apparel giant Adidas suffered heavy losses for Q4 2022 and looks to rebuild its business model throughout 2023.
TSM and its gaming app Blitz would draw on the vast blockchain technology provided by Avalanche for improved user gaming experiences.
FDIC officials are reportedly looking at the books and records of Silvergate Bank and could provide a remedy for bank to come out of the turmoil.
Investment management powerhouse Ark Invest has added more Robinhood and Coinbase stock to its holdings amid tame tech developments.
The regulatory body raised concerns that there is no proof that the transaction complies with US Securities law.
Mt. Gox creditors who suffered losses must register their information in an online rehabilitation claim filing system and choose a repayment plan.
nealthy has announced a successful pre-seed funding round that will help the startup offer more services to help users easily invest in Web3.
Salesforce is planning to launch Einstein GPT with OpenAI to offer all users and organizations generative services improved by AI.
European markets remained flat on Tuesday as all eyes are on Jerome Powell’s imminent congressional statement.
Meta is reportedly working towards additional layoffs that could impact another set of thousands of employees. This comes after the technology company laid off 13% of its workers in November 2022 as part of its cost-cutting efforts.
In the lawsuit, FTX said that Grayscale has been charging exorbitant management fees. They noted that “Grayscale’s actions have resulted in the Trusts’ shares trading at approximately a 50% discount to Net Asset Value”.
Even in its pre-alpha stage, the Ethereum Layer 2 platform Scroll has reached one million unique addresses as well as 16 million transactions.
Crypto exchange Bybit has partnered with leading payment processor Mastercard to launch a debit card that facilitates crypto payments.
Zurich-based financial powerhouse Credit Suisse plans to improve its operational outlook after losing one of its biggest backers.