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Crypto
Fund Management Giant State Street Increases Stake in Silvergate to 9.3%
Alongside a big rally in crypto-related stocks Thursday, shares in Silvergate are soaring 38% and are now higher by 30% year to date. They remain lower by 80% year…
Solana (SOL) price rally could fizzle out due to weak fundamentals
Solana’s (SOL) recent 250% rally to $25 has shocked many investors in the crypto market. At the same time, traders who had eyes on the negative funding rate for SOL…
President Herbert Hoover Saves the Day for a Crypto Bank? Yeah, That’s Weird
Basically, Silvergate is the bank for a lot of crypto businesses (1,300+, according to the company website, if you include “fintechs”), which tend to have problems…
US authorities launch page to notify FTX’s victims about SBF’s case
The United States Attorney’s Office for the Southern District of New York has launched a page on its website appealing to Sam Bankman-Fried’s victims of fraud at FTX…
Digital Dollar Will Come Eventually, Lobbyist Says
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Binance acquires 100% of Indonesian Tokocrypto after initial investment in 2020
Binance has acquired Indonesian crypto asset trader Tokocrypto, according to local reports on Dec. 19. The purchase was confirmed in a tweet by Binance CEO Changpeng…
Class Action Lawsuit Against FTX’s Celebrity Promoters and Sam Bankman-Fried Is Quietly…
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Italy to impose 26% capital gains tax on crypto profits
Italy is planning to tighten regulations on digital currencies by expanding its tax laws to include cryptocurrency trading in 2023, according to budget documentation…
Bahamas FTX Liquidators Agree to Transfer Bankruptcy Case to Delaware
"We had filed with your Honor a motion to transfer that case from the Southern District of New York to the district of Delaware, and we are pleased to report that we…
FTX under investigation in the Bahamas for criminal misconduct
An investigation of possible criminal misconduct over the insolvency of cryptocurrency exchange FTX is underway by financial investigators and the Bahamas securities…