Financе
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Fund Management Giant State Street Increases Stake in Silvergate to 9.3%
State Street disclosed a 9.3% stake in troubled crypto lender Silvergate Capital (SI) as of Dec. 31, according to a…
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Crypto Winter Led to 91% Plunge in VC and Other Investments for January
Investment in cryptocurrency companies plunged 91% in January from a year earlier, and given that these deals can take months…
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Bitcoin mining report: Feb. 02
Bitcoin mining stocks tracked by The Block were higher on Thursday, with 15 gaining and three declining. Bitcoin rose 1.2%…
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Will CBDCs Take Over the World? We Hope Not, Say Crypto Community
Central Bank Digital Currencies are often touted as the future of money. They scare some and excite others. What’s the…
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Silvergate Stock Tanks on Report of DOJ Probe Tied to FTX, Alameda Dealings
Shares of Silvergate Capital (SI) fell sharply after the market close on Thursday following the publication of a Bloomberg article…
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72% of institutional traders are crypto-skeptical this year: JPMorgan
A whopping 72% of institutional e-traders have signaled “no plans to trade crypto/digital coins” in 2023, according to a new…
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Investors in Disbelief: $5 Trillion Cash Sits in US Money Market Funds
The stock and crypto market appear to have not yet won over investors, despite a bullish pivot seen in January…
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Nasdaq Crypto Index rose 37.2% in January – amid bullish market sentiment
In a sign of the changing market sentiments, the Nasdaq Crypto Index (NCI) booked monthly returns of 37.2% in January…
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Luno Malaysia Denies Customer Money Mixed With Parent Company DCG
The concern is that Luno is Genesis’ sister company and lending partner. In the latter case, Luno users could sign…
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India’s Largest Retailer to Accept CBDC at Stores
India’s biggest retailer Reliance Retail announced the support for the digital rupee in its Freshpik line of stores across the…