Silvergate Capital files for Chapter 11 bankruptcy in Delaware

Bitcoin (BTC) retained new higher levels at the June 6 Wall Street open after BTC/USD snapped a nine-week losing streak.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewStocks could take BTC as high as $37,000Data from Cointelegraph Markets Pro and TradingView followed the largest cryptocurrency as it circled $31,500 on the back of 6% daily gains.The start of…

The SEC hit back at Richard Heart’s bid to dismiss its lawsuit, claiming it has sway over him as his alleged illicit securities sales targeted the US.

DOJ extradites two criminals, one for stealing Bitcoin, from Cyprus. 2840 Total views 27 Total shares Two alleged criminals, one suspected of stealing thousands of Bitcoin and the other a money launderer with connections to Hezbollah, were extradited from Cyprus, according to the Department of Justice or DOJ.One of the suspects is wanted in Georgia…

The Chicago-based derivatives market launched its Micro Bitcoin futures product in early May, providing investors with smaller positioning opportunities. 585 Total views 1 Total shares Institutional exposure to cryptocurrencies via derivatives continued to grow in the second quarter, as CME Group’s newly launched Bitcoin (BTC) micro contract received considerable uptick in its first two months…

Polysynth, a Polygon-based synthetic asset platform, has secured investments from a number of DeFi venture capital firms and angel investors.The team announced a $1.5 million funding round as part of its seed round on Nov. 15, revealing participation from Jump Capital, DeFi Alliance, Hashed, and a number of individuals such as Alan Howard, co-founder of…

The Kenya-based company already has 3 million mobile phone users in Ethiopia and plans to make it the 10th country where the payment service will be available. 166 Total views 1 Total shares The National Bank of Ethiopia (NBE) has issued a mobile money-service license to Safaricom M-Pesa Mobile Financial Service, it announced May 11.…

As the 2024 election approaches, the interplay between political strategies and industry dynamics will continue to evolve.

Impact Theory produces entertainment and educational podcasts and was “trying to build the next Disney” when it invited investors to purchase its NFTs. 218 Total views 3 Total shares The United States Securities and Exchange Commission (SEC) has charged a media and entertainment company with conducting unregistered securities sales when it sold nonfungible tokens (NFTs)…