Markets
Blockchain and Crypto events, active companies in the space, new projects, Crypto-mining and Crypto Exchanges, all updates are in one place
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FDIC Takes Control of Signature Bank, Third Largest Bank Failure in USA History
On Sunday, state regulators closed down New York-based Signature Bank, which was the third-largest banking failure in US history. This…
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Federal Reserve Board Introduces Bank Term Funding Program to Support Depositors
In order to provide support to households and businesses in the United States, the Federal Reserve Board has announced that…
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Silicon Valley Bank in Trouble, Bolsters Capital Base Through $2.25Bn Share Sale
Silicon Valley Bank (SVB) is aiming to raise $2.25bn through a share sale after experiencing significant losses on its portfolio…
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Abu Dhabi Al Nawwar Investments to Acquire FTX Interest in Sequoia Capital for $45M
According to court documents, Alameda Research, the investment arm of FTX, has reached a $45 million cash agreement with Abu…
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Huobi HT Token Plummets, Prompting Justin Sun to Inject $100 Million to Reassure Traders
Justin Sun, a crypto tycoon from China, aimed to alleviate worries about the stability of Huobi, a major digital asset…
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Crypto Industry Shaken as Silvergate Bank Collapses
Silvergate Capital Corp (SI.N), a bank that focuses on cryptocurrency, announced that it intends to cease operations and voluntarily liquidate…
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Alibaba Cloud Collaborates with Mysten Labs to Develop Web3 Ecosystems
Alibaba Cloud, a subsidiary of the Alibaba Group with a market cap of $235 billion, has signed a memorandum of…
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Unlocking Exclusive Access: Spotify Pilots NFT-Gated Playlists for Premium Users
Many NFT-based communities have promised to grant exclusive access for a long time. Spotify is now helping some of these…
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Court Greenlights Voyager Digital Plan to Sell Assets to Binance US Despite SEC Arguments
Bankrupt cryptocurrency lender Voyager Digital has received court approval to sell assets worth more than $1 billion to Binance.US. The…
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Shocking Numbers: FTX Counsel and Advisors Acquire $34M in January
According to court documents, in January, the law firms, investment banks, and consulting companies assisting FTX with its bankruptcy case…
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