SEC Probes First Republic Bank Executives for Insider Trading; Lawmakers Dump Bank’s Shares Before Collapse

After the second largest bank failure in history, USA. Väärtpaberi- ja börsikomisjon (SEC) is reportedly investigating First Republic Bank executives for allegedly engaging in insider trading. Two sources have claimed that the securities regulator is scrutinizing the bank’s executives

Voyager Digital Provides Update on Reimbursement Plan for Creditors

Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributionswithin the next few weeks.This update comes nine days

US Banking Industry in Turmoil: A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023

2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled in 2008. The following is a

Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet

Teisipäeval, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 miljonit. Cleanspark stated that the new fleet would add 6.3 eksahas sekundis (EH/s) of computational

Microstrategy’s Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 More Bitcoins

Nine days after publicly listed company Microstrategy purchased 6,455 bitcoins, the firms CEO, Michael Saylor, announced the purchase of an additional 1,045 bitcoins. The business intelligence (BI) company now holds a total of 140,000 bitcoins, worth $3.97 miljardit. Microstrategy Buys Another

Alleged Kenyan Bill Proposes Widening Definition of Securities to Include Crypto Assets

A bill seeking to put blockchain and crypto assets under the purview of the Kenyan Capital Markets Authority is supposedly set to be debated in the country’s parliament. The bill also seeks towiden the meaning of ‘securitiesto capture digital

First Republic Bank’s Shares Downgraded to Junk Status by S&P Globaalne; Stock Slides More Than 25% Lower

After UBS acquired Credit Suisse and close to a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic’s shares to junk status on Sunday. Investors are concerned that the cash infusion from

Aruanne: Egiptuse politsei arreteerimine 29 Väidetavad krüptokaevandamise rakenduste kelmuse peategelased

The Egyptian police are reported to have recently arrested 29 individuals associated with the Hoggpool cryptocurrency mining app scam. In addition to seizing 95 mobile phones and 3,367 SIM cards, the police said domestic and foreign currency valued at $194,000 oli…

Miljardär hoiatab peatse panga jooksmise eest, kui valitsus ei suuda tagada kõiki SVB hoiuseid

Billionaire Bill Ackman has warned ofvast and profoundconsequences of the U.S. valitsus üürib Silicon Valley panga (SVB) ebaõnnestuda ilma kõiki hoiustajaid kaitsmata. “No company will take even a tiny chance of losing a dollar of deposits as there is

Napster laieneb Mint laulude omandamisega Web3 muusikaruumiks

Kolmapäeval, Napster, aastal käivitati muusika voogedastusteenus 1999, teatas, et ettevõte on lõpetanud tehingu Web3 muusika idufirma Mint Songs omandamiseks. Napsteri tegevjuht, Jon Vlassopulos, nõuab seda “oleme innovatsiooni enneolematul ajastul…