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Investors Rally to Support Silicon Valley Bank Amidst Possible Closure

Investors Rally to Support Silicon Valley Bank Amidst Possible Closure

Over 125 venture capitalists and investors, including Sequoia Capital and General Catalyst, have pledged their support for Silicon Valley Bank (SVB) as the 40-year-old banking institution winds down its operations. The investors signed a statement in an effort to cushion the impact of the bank's possible closure and limit the fallout on tech companies that rely on SVB for funding and banking services.

Ripple Is Planning to Go Public, Says SBI CEO

Ripple Is Planning to Go Public, Says SBI CEO

SBI Group, one of Ripple's main shareholders, revealed that Ripple is still considering going public once its lawsuit with the SEC is settled.

SEC in Advanced Talks with Asset Managers for Spot Bitcoin ETF: BlackRock in the Spotlight

SEC in Advanced Talks with Asset Managers for Spot Bitcoin ETF: BlackRock in the Spotlight

The U.S. SEC is in advanced discussions with BlackRock on a spot Bitcoin ETF, marking a significant moment in cryptocurrency's mainstream adoption.

Japan’s Nomura Research Institute Considers Introducing a New Cryptocurrency Index

Japan’s Nomura Research Institute Considers Introducing a New Cryptocurrency Index

Cryptocurrency investment solution provider Intelligence Unit (IU) announced a partnership with Japanese-based consulting company Nomura Research Institute (NRI) to introduce a new cryptocurrency index, popularly known as IU/NRI Crypto-Asset Index.

Investors Enjoy Growing Enthusiasm & Popularity of Bitcoin: Grayscale's Study

Investors Enjoy Growing Enthusiasm & Popularity of Bitcoin: Grayscale's Study

A recent survey conducted by Grayscale Investments, a Digital Currency Group (DCG) owned crypto asset manager has revealed the growing enthusiasm and popularity of Bitcoin as an investable asset class.

Telegram Hit With $18.5 Million SEC Fine and Set to Return $1.2 Billion to Investors as it Dissolves TON Project

Telegram Hit With $18.5 Million SEC Fine and Set to Return $1.2 Billion to Investors as it Dissolves TON Project

Telegram will return $1.2 billion to investors and pay a fine of $18.5 million to the SEC as it dissolves TON network. But community members seek to revive the project.

Institutional Bitcoin Adoption Continues as MicroStrategy, Square, and Tesla Ramp Up Crypto Interest

Institutional Bitcoin Adoption Continues as MicroStrategy, Square, and Tesla Ramp Up Crypto Interest

The institutional flow of funds into Bitcoin is a tool to help guarantee market stability and attract improved regulations for the crypto industry.

South Korea Proposes 20% Capital Gains Tax on Cryptocurrency Commodities

South Korea Proposes 20% Capital Gains Tax on Cryptocurrency Commodities

South Korea’s parliament has put forward a bill that could see crypto profits taxed by up to 20% as members argue that cryptocurrencies are commodities.

46% of American Crypto Investors Says it Has Done More Worse than Good - Report

46% of American Crypto Investors Says it Has Done More Worse than Good - Report

Investing in the digital currency ecosystem has earned many of the early comers a fortune but the narrative is changing for those embracing the nascent industry now. According to a recent survey from the Pew Research Center, as many as 16% of US adults have invested in cryptocurrencies, particularly the top two coins, Bitcoin (BTC) and Ethereum (ETH)

Grayscale's Court Victory Influences SEC's Landmark Approval of Bitcoin ETFs

Grayscale's Court Victory Influences SEC's Landmark Approval of Bitcoin ETFs

The U.S. SEC, under Chair Gary Gensler, has approved several spot Bitcoin ETFs, a significant regulatory shift influenced by a court victory by Grayscale. This decision marks a new era in cryptocurrency regulation, signaling greater acceptance and potential mainstream adoption of digital assets.

Ripple on the Brink of Decisive Win as SEC Legal Battle Nears End

Ripple on the Brink of Decisive Win as SEC Legal Battle Nears End

Ripple is expected to win a legal battle with the SEC, potentially settling $20 million or less. This victory is expected due to legal perspectives and the recent Second Circuit Court ruling, impacting digital currency regulation.

Has Judgement Finally Come for 2017 ICOs? Class Action Lawsuits Name Binance, BitMEX and Block.One Among Host of Crypto Defendants

Has Judgement Finally Come for 2017 ICOs? Class Action Lawsuits Name Binance, BitMEX and Block.One Among Host of Crypto Defendants

Crypto Giants Binance, BitMEX, along with Executives CZ, Arthur Hayes Named Among Defendants in 11 Class Action Suits For Violating Securities Laws.

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