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.
Related Posts


Oil and Gas Consortium Is 1st to Apply DLT to Industry Balloting
A group of 10 major global oil and gas firms including heavy-hitters like Chevron and Shell has successfully digitized industry balloting using blockchain.The Oil & Gas Blockchain Consortium (OOC) successfully piloted a blockchain-based system for Authorization for Expenditure (AFE) balloting in partnership with Canadian technology provider GuildOne.According to an announcement on Dec. 18, the AFE…

Boom and bust: How are Defi protocols handling the bear market?
Decentralized finance (DeFi) has been one of the fastest-growing sectors in the crypto space since its emergence in 2018. However, like many other sectors, DeFi has seen a negative impact in the current bear market.While 2022's downturn has taken its toll many DeFi projects — and the cryptocurrency space in general — some continue to…

VORTECS™ Report: How this quant-style indicator foreshadowed Axie Infinity’s rally to a new ATH
Every week, subscribers of Cointelegraph’s Markets Pro data analytics platform receive a detailed breakdown of the top performers of the week and the VORTECS™ Score indicator’s performance in tracking potential bullish and bearish developments.Here are some of the highlights of the latest report:Axie Infinity Shard (AXS) recorded a new all-time high following a strong VORTECS™…

Trader Who Called Current Bitcoin Rally Warns of Altcoin ‘Dot Com Bubble’
Bitcoin (BTC) will continue to grow but altcoins will not feel the benefits, veteran trader and author Peter Brandt predicted in a new market forecast on June 27.Writing on social media, Brandt, who has become a vocal source on cryptocurrency prices, said that unlike the previous bull market cycle in 2017, bitcoin’s gains would not…

Japan’s GMO Internet to Launch Yen-Pegged Stablecoin in 2019
Japanese internet conglomerate GMO Internet Co. Ltd confirmed plans to release a cryptographic stablecoin Tuesday, Oct. 9, pegged to the Japanese yen.GMO, which entered the Japanese cryptocurrency exchange market in May last year, intends to begin issuing tokens at the start of the 2019 financial year.The news marks a further potential player in the yen-pegged…

AI trends at all-time high on Google but Bitcoin still did it better
Global search interest for the term “AI” has reached a new all-time high on Google, though it’s yet to hold a candle to Bitcoin (BTC) peak mania in 2017, data has revealed.Artificial intelligence has dominated headlines over the past few months, with some suggesting that it’s the latest “tech fad” after crypto and the Metaverse.…

IRS clarifies reporting requirements for crypto bought with fiat
The United States IRS has clarified that crypto investors who only purchased digital assets using fiat and did not sell during 2020 do not need to report said activities. 2603 Total views 18 Total shares The United States Internal Revenue Service, or IRS, has updated its FAQ section on cryptocurrency to clarify investors who have…

Cheaper, faster, riskier — The rise of DeepSeek and its security concerns
Opinion by: Ahmad Shadid, CEO of O.xyz The DeepSeek saga made it abundantly clear that cheaper AI models can offer breakthrough advantages. DeepSeek challenges traditional investments with low-cost, high-performance technology. Yet its rise brings serious risks. The most concerning aspects of such models are data privacy and security issues. The fact that such advanced models