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Mar 27 2023

First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B

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According to the Federal Deposit Insurance Corporation (FDIC), … More…

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Mar 14 2023

Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders

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The parent company of Silicon Valley Bank, SVB Financial Group, and… More…

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Mar 05 2023

US Prosecutors Seek to Further Restrict Former FTX CEO Sam Bankman-Fried’s Internet Access

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The U.S. attorney for the Southern District of New York (SDNY), Damian… More…

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Mar 03 2023

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

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On March 2, 2023, FTX debtors released their second stakeholder presentation,… More…

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Feb 26 2023

5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter

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2022 was a year of phenomenal cryptocurrency blowouts, as several… More…

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Feb 22 2023

Luxor Technologies Acquires Ordinalhub to Provide Tools for Bitcoin-Based NFTs

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With Bitcoin-based digital collectibles becoming a popular trend,… More…

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Feb 18 2023

Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry

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Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government… More…

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Feb 15 2023

FTX Bankruptcy Judge Denies US Trustee’s Request for Independent Examiner

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The judge presiding over the FTX bankruptcy case has denied the U.S.… More…

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Feb 13 2023

Bakkt Shifts Focus to B2B Technology Solutions, Plans to Discontinue Consumer App

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Bakkt Holdings Inc. announced Monday that it will solely focus on … More…

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Feb 04 2023

Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder

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As the artificial intelligence (AI) wars intensify, the AI firm Anthropic… More…

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