News

Silvergate, A “Crypto-Friendly Bank,” Has Been Sued For Securities Law Violations

Key Points: A class-action lawsuit has been filed against Silvergate Bank in the Southern District Court of Southern California, alleging…

2 years ago

Quantum Temple Raises $2 Million In Pre-Seed Funding To Leverage Web3

Key Points: Quantum Temple raised $2 million to create a network that uses blockchain technology to conserve cultural heritage. Borderless…

2 years ago

DCG Trying To Offload Its Venture-capital Portfolio Worth $500 Million

Key Points: Genesis' parent company, Digital Currency Group, is considering asset sales to settle its over $3 billion debt to…

2 years ago

Foresight Ventures Now Invests $15M In Crypto Market Maker CyberX

Key Points: CyberX announced the completion of a $15M Series A+ funding round from Foresight Ventures. The company plans to use…

2 years ago

Crypto Lender Nexo Alleged Money Laundering, Tax Offenses In Bulgaria

Key Points: Authorities in Bulgaria are looking into the cryptocurrency lender Nexo on suspicion of money laundering, tax evasion, unauthorized…

2 years ago

MetaMask Warns A New Scam Called Address Poisoning

Key Points: MetaMask team warns unsuspecting users of a growing type of scam called “address poisoning". Address poisoning is aimed…

2 years ago

Blockchain.com Lays Off 28% Of Workforce In The Latest Round

Key Points: Cryptocurrency brokerage Blockchain.com announced that it is firing 110 people, or 28% of its workforce. According to the…

2 years ago

13 Of BlockFi’s Executives Losing $800 Million Of Equity Due To FTX Crisis

Key Points: The effect of a loan from FTX last June on 13 of BlockFi's senior executives is detailed in…

2 years ago

Silvergate Declines In The Pre-market After Suspending The Preferred Dividend

Key Points: Before the market opened, Silvergate lost more than 6% of its value after reporting that it has stopped…

2 years ago

Hong Kong Tightens Virtual Assets Regulations For Retail Investors After FTX Crisis

Key Points: SFC CEO Julia Leung said that Hong Kong retail investors would only have access to "highly liquid" virtual…

2 years ago

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