Silvergate Capital files for Chapter 11 bankruptcy in Delaware
The parent company of Silvergate Bank has listed assets ranging from $100 million to $500 million and liabilities between $10 million and $50 million.
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Krampus is coming to the crypto space this holiday season
’Twas the weeks before Christmas on a island far away,None could have foreseen crypto’s golden boy going astray.When politicians and firms took FTX‘s money with glee, Did they truly know the depth of one man’s duplicity?Imagine if you will, the exchange’s younger days,When business people showered the LoL player with praise.The markets were high, adoption…
Golem Releases New Golem Version Focusing on Developers
More updates should be coming your way. Decentralized computing power-sharing network Golem released a new version of its network.Golem announced the alpha release of the new Golem network, which focuses on easing application development.“As we have been mentioning in our communications over the last few months, we have made use of all the experience we…
DeFi Lending Platform Enables No-Collateral Loans With New Feature
The Aave decentralized finance protocol new feature lets users borrow money without posting collateral. 1208 Total views 15 Total shares The Aave lending protocol recently launched a new feature called Credit Delegation. This feature allows users to provide peer-to-peer loans with no formal collateral requirements.Stani Kulechov, the CEO of Aave, explained via Twitter how the…
Coinbase Listing News Fits With Bullish Mainstrem Market, Pomp Says
News of a potential Coinbase stock market listing comes amid current bullish mainstream market conditions. 691 Total views 13 Total shares Amid a bullish mainstream market, news of Coinbase's reported traditional stock market listing could prove timely alongside other companies similar public listing efforts. "When good times are rollin in the stock market, people want to…
Central Bank of China Starts Trials to Restrict Large Cash Transactions
The People's Bank of China (PBOC) announced that it will pilot a restriction on large-scale cash transactions in three different regions across the country, with one expert calling the move paving the way for its upcoming digital Renminbi token (RMB).On Nov. 14, local news outlet Xinhuanet reported that the PBOC intends to carry out a…
Robot guest-conducts the Korean national symphony orchestra
The android EveR 6 and conductor Choi Soo-yeoul co-conducted a performance of six pieces with the Korean National Symphony Orchestra. A robot graced the stage of the National Theatre of Korea to conduct the country’s national symphony orchestra on June 30, marking South Korea’s first robo-conductor public appearance. EveR 6, the android that co-conducted the performance…
Getting Shibby with it: SHIB burning portal launches
Shiba Inu devs launched a portal that will burn more SHIB tokens than ever before and reward burners for doing so. 870 Total views 4 Total shares Popular memecoin project Shiba Inu (SHIB) has launched a SHIB Burn Portal to decrease token supply and enable users to earn passive rewards while doing so.The Shiba Inu…
Senator Lummis says Treasury should convert gold for Bitcoin reserve
The United States government has the highest gold reserves in the world, with over 8,000 tons of the precious metal on its balance sheet.