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Search Results for: crypto market

Silicon Valley Bank Collapse is Flashback of Lehman Brothers?

Silicon Valley Bank (SVB), which had connections to big-shot international technology firms and venture capital, failed on 10th March due to one of the oldest issues in banking. Also, the startling collapse of Silicon Valley Bank and Signature Bank, which were affected by SVB, continued the wave in the U.S.

March 14, 2023 1 min read

Comtech Welcomes WishKnish as New EVOKE Technology Partner

EVOKE is Comtech’s Innovation Foundry Dedicated to Pushing the Boundaries of Innovation to Create and Accelerate Change Across the Global Technology Landscape MELVILLE, N.Y.–(BUSINESS WIRE)–Mar. 14, 2023– Comtech (NASDAQ: CMTL) announced today that WishKnish will become the Company’s second publicly revealed EVOKE technology partner. As the second publicly announced EVOKE

March 14, 2023 3 mins read

Madeium and Intertrust Revolutionize Footwear and Fashion with New Web3 Creator Platform

Award-winning sneaker designer creates revolutionary, new platform to empower athletes, designers, influencers, and startups to own their brands from the physical world to the Metaverse. PORTLAND, Ore. & SAN FRANCISCO–(BUSINESS WIRE)–Madeium.com, a cutting-edge design platform for both physical and digital products, and Intertrust, the leading provider of Web3 technology to

March 14, 2023 4 mins read

Mawson Infrastructure Group Inc. Confirms No Exposure to Silvergate Capital and SVB, Transfers All Assets Away from Signature

SHARON, Pa.–(BUSINESS WIRE)–Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, communicates to the market that it doesn’t have any historical or current banking relations with either Silvergate Bank or Silicon Valley Bank. Mawson does have a banking relationship with Signature Bank, amongst other banks. As

March 14, 2023 3 mins read

Coinbase Confronts SEC Over Enforcement by Regulation Approach

Since the U.S. Securities and Exchange Commission needs to focus on effective regulations and recommendations relating to securities, rather than erroneous securities cases, Coinbase has submitted an amicus brief in the SEC v. Wahi insider trading case urging the court to dismiss the complaint. According to a tweet sent by

March 14, 2023 2 mins read

Binance To Stop Deposits and Withdrawals in British Pound

Binance, a cryptocurrency exchange, has announced that it would stop accepting deposits and withdrawals in British pounds sterling as of May 22 unless it can secure a new service provider. According to an email issued to clients on Monday, the British partner that Binance employs for Faster Payments Service transactions,

March 14, 2023 2 mins read

 “Metareal AI” Announced Promoting Use of ChatGPT and Other Technologies. Starting From Customer Base of More Than 5,000 Companies Through Unified Platform

TOKYO–(BUSINESS WIRE)–Rozetta Corp. (Head office: Chiyoda-ku, Tokyo, Representative Director: Maro Watanabe, hereinafter “Rozetta”), a subsidiary of MetaReal Corp. (Head office: Chiyoda-ku, Tokyo, Representative Director: Junichi Goishi, hereinafter “MetaReal”), jointly with MATRIX Inc. (Head office: Chiyoda-ku, Tokyo, Representative Director: Junichi Goishi, hereinafter “MATRIX”), announced the development and release of “Metareal AI,”

March 14, 2023 4 mins read

DeFi Platform Euler Finance Loses $197 Million in Flash Loan Exploit

According to audit platform BlockSec, the decentralized finance (DeFi) platform Euler Finance was the victim of an attack worth over $196.9 million. Hackers made off with $135.8 million worth of Staked Ethereum (stETH), $33.8 million worth of Circle’s stablecoin USDC, and $8.7 million worth of the decentralized stablecoin DAI. Euler

March 13, 2023 1 min read

BinaryX Releases Trailer and Opens Beta Test For Futuristic Space Game Project Matthew

Singapore, Singapore, 13th March, 2023, Chainwire   BinaryX announced today the upcoming release of a space-building simulation game, Project Matthew. The team just released the trailer video which gives a first look at the game, and is also opening registration for their Closed Beta Test happening soon. Introducing Project Matthew:

March 13, 2023 3 mins read

HSBC Acquires Recently Closed Silicon Valley Bank UK

Most recently, it was declared by the government of the United Kingdom (UK) that HSBC holdings had acquired the British affiliate of the Silicon Valley Bank. This comes after a U.S. government body took action to protect depositors at the failing bank. The CEO of HSBC, Noel Quinn, was quoted

March 13, 2023 1 min read
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