Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss

En marzo 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 horas. SVB was forced to sell a $21 billion bond portfolio at a $1.8

Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis

Blockchain analytics firm Chainalysis says 2022 estaba “the biggest year ever for crypto hacking,” con $3.8 billion stolen from cryptocurrency businesses. The firm added that decentralized finance (definitivamente) protocol hacks accounted for 82.1% of all cryptocurrency stolen by hackers during the

Arbitrum-Based Vest Exchange Emerges, Aims to Democratize Perpetual Futures

A new decentralized exchange (dex) on Arbitrum, called Vest Exchange, was announced this past weekend, and the team that created the project said the platform aims to focus on democratizing perpetual futures. The team behind Vest further detailed that the new

Reporte: SEC Heightens Probe Into Auditors Servicing Crypto Exchanges

According to the U.S. Securities and Exchange Commission’s Paul Munter, the agency’s acting chief accountant, los Estados Unidos. regulator is monitoring proof-of-reserves (POR) more closely. “We’re warning investors to be very wary of some of the claims that are being made by

Reporte: El cofundador de FTX, SBF, contrata al abogado de cuello blanco que representó a Ghislaine Maxwell

el dic. 6, 2022, the former FTX CEO Sam Bankman-Fried (SBF) reportedly retained the attorney Mark Cohen, the lawyer that represented Ghislaine Maxwell during her recent sex trafficking case. SBF’s spokesperson further explained that the FTX co-founder is being consulted by

Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’

According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company holds 2 million bitcoin worth $39.9 mil millones. The news Armstrong shared comes at a time when the general public is looking directly at exchange balances following FTXs turbulent

Crypto Firm Freeway Updates Community, Says Trading Strategy ‘Failed’ and ‘Caused a Substantial Loss’

Four days ago, the crypto rewards platform Freeway.io, formally called Aubit, halted withdrawals on October 23 after citing it was protecting the firm’s portfolio from “market fluctuations and volatility.” Two days later, the team updated the community and explained on Tuesday

Southeast Asia’s Largest Bank DBS Enters the Metaverse

DBS, the largest bank in Southeast Asia, says it isthe first bank in Singapore to make a foray into the metaverse.A DBS executive explained thatThe metaverse presents exciting opportunities to redefine how we live, work and engage with

Docenas de criptoempresas esperan la licencia de Portugal a pesar del cierre de cuentas bancarias

The central bank of Portugal is now reviewing 12 requests from businesses that want to provide crypto-related services in the country. The applications are pending decision amid recent reports that some commercial banks are closing accounts of already approved operators. Binance…