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Nalezeno "Capital": 4224

Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to ‘Stand Behind USDC and Cover Any Shortfall’

12.3.2023
On Saturday, March 11, 2023, Circle Financial updated the public about its stablecoin, USDC, and noted that the stablecoin’s liquidity operations will resume normally on Monday morning in the United States. Circle said that the company’s teams would be ready on Monday to “handle...

Bitcoin, Ethereum Technical Analysis: BTC Above $20,000, ETH Beyond $1,400 on Saturday

11.3.2023
Bitcoin rose back above $20,000 on Saturday, despite markets still being spooked by the collapse of yet another banking institution. Silicon Valley Bank was shut down by U.S. regulators on Friday, causing many institutions to lose access to capital. This includes USDC issuer Circle, which led to...

Who Failed Silicon Valley Bank Depositors?

11.3.2023
Should we point fingers at Silicon Valley Bank, the Federal Reserve, the banking system, crypto or the depositors themselves?

Crypto VC Firm Pantera Used Silicon Valley Bank as a Custodian

10.3.2023
A regulatory filing shows the shuttered bank as one of three custodians for Pantera’s funds

Signature Bank Considered a Buy as Last Major Bank Standing in Crypto Market Amid Silvergate and SVB Troubles

10.3.2023
Amid the demise of Silvergate Bank and the troubles faced by Silicon Valley Bank (SVB), market analysts believe Signature Bank (SBNY) may be a buy as it’s considered the “last game in crypto-town,” according to Wells Fargo equity analyst Jared Shaw. Silvergate’s liquidation...

Three Arrows Founders' Bankruptcy Exchange to Offer Claims as Portfolio Margin

9.3.2023
Zhu Su and Kyle Davies, the founders of bankrupt hedge fund Three Arrows Capital, have completed a $25 million raise for a bankruptcy claims exchange dubbed The Open Exchange

Zero-Knowledge Crypto Startup Proven Raises $15.8M in Seed Round

9.3.2023
Framework Ventures led the seed round for the firm, which was founded by former employees of market maker Jane Street

Alameda Research to sell interest in Sequoia Capital for $45M to Abu Dhabi

9.3.2023
The investment branch of FTX, Alameda Research, reached an agreement to sell its interest in Sequoia Capital for $45 million in cash to the Abu Dhabi sovereign wealth fund

FTX Reaches $45M Deal to Sell Interest in Sequoia to Abu Dhabi's Investment Arm

9.3.2023
The agreement requires approval from a Delaware bankruptcy court as failed exchange seeks to raise funds for creditors

Biden wants to double capital gains and clamp down on crypto wash sales: Reports

9.3.2023
The Biden administration wants to apply the wash sale rule to digital assets

Marathon Digital terminates credit facilities with Silvergate Bank

9.3.2023
The decision to end its loan facilities with Silvergate Bank follows a shift in Marathon’s long-term financial strategy to build liquidity

Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist

8.3.2023
At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention to wind down the crypto-friendly bank’s operations and voluntarily liquidate the company’s assets. The news follows significant financial troubles the bank faced, and the firm’s stock plummeted in value. Details...

Silvergate Capital Corporation will ‘voluntarily liquidate’ Silvergate Bank

8.3.2023
The company claimed that the bank's voluntary liquidation is its best path forward due to recent industry and regulatory developments

Pension Fund-Backed Parataxis Capital Shakes Off Crypto Winter With New Fund

8.3.2023
The fund employs a long/short relative value trading strategy, and will launch with $25 million to $50 million in capital

Alpha Sigma, Transform Ventures Partner on New $100M Crypto-Focused Funds

8.3.2023
The firms are creating a new holding company called Alpha Transform Holdings, Inc

Three Arrows Capital Founders Shake Up Crypto Industry with New Crypto Exchange After Acquiring CoinFLEX Assets – Here's What You Need to Know

8.3.2023
Su Zhu and Kyle Davies, the two founders of the bankrupt crypto hedge fund Three Arrows Capital (3AC), have completed a funding round for their new OPNX exchange and will acquire remaining assets from the troubled exchange CoinFLEX. The news that fundraising for the new exchange has been completed...