Bloomberg

Winklevoss Twins Lent Their Crypto Exchange Gemini $100M: Bloomberg
Winklevoss Twins Lent Their Crypto Exchange Gemini $100M: Bloomberg
Tyler and Cameron Winklevoss recently personally lent their Gemini cryptocurrency exchange $100 million to support the business amid the market downturn, Bloomberg reported. "...
Winklevoss Twins Lent Their Crypto Exchange Gemini $100M: Bloomberg

Crypto Hardware Wallet Maker Ledger Raises Over $100M in New Funding  Round: Report
Crypto Hardware Wallet Maker Ledger Raises Over $100M in New Funding Round: Report
Ledger has raised most of a 100 million euros ($109 million) funding round at a valuation of 1.3 billion euros ($1.4 billion), the company told Bloomberg. Media outlets first...
Crypto Hardware Wallet Maker Ledger Raises Over $100M in New Funding  Round: Report

Nigeria's eNaira Wallet Use Jumps Amid Cash Shortages: Bloomberg
Nigeria's eNaira Wallet Use Jumps Amid Cash Shortages: Bloomberg
Nigerians have been turning to the country's central bank digital currency (CBDC) eNaira, amid cash shortages, according to Bloomberg. The number of eNaira wallets has jumped...
Nigeria's eNaira Wallet Use Jumps Amid Cash Shortages: Bloomberg

Fight Brewing Between Silicon Valley Bank's Former Parent Company and FDIC
Fight Brewing Between Silicon Valley Bank's Former Parent Company and FDIC
A legal fight is ramping up between the FDIC and the former parent company of Silicon Valley Bank. SVB Financial said the banking regulator took "improper actions" and can't a...
Fight Brewing Between Silicon Valley Bank's Former Parent Company and FDIC

Warren Buffett in Talks With White House on Banking Crisis: Bloomberg
Warren Buffett in Talks With White House on Banking Crisis: Bloomberg
Berkshire Hathaway CEO and billionaire investor Warren Buffett is in contact with senior officials within President Joe Biden’s administration, according to Bloomberg. This co...
Warren Buffett in Talks With White House on Banking Crisis: Bloomberg

NYDFS Says Signature Bank Closure Due to 'Crisis of Confidence' in Leadership
NYDFS Says Signature Bank Closure Due to 'Crisis of Confidence' in Leadership
Signature Bank was not shut down for crypto-related reasons, the New York Department of Financial Services said Tuesday, rejecting claims the regulator took over the bank to s...
NYDFS Says Signature Bank Closure Due to 'Crisis of Confidence' in Leadership

Silvergate Consulting With FDIC About How to Save Crypto-Focused Bank: Bloomberg
Silvergate Consulting With FDIC About How to Save Crypto-Focused Bank: Bloomberg
Federal Deposit Insurance Corp (FDIC) officials have been consulting with executives of troubled crypto-focused bank Silvergate Capital (SI) on how to keep the company in busi...
Silvergate Consulting With FDIC About How to Save Crypto-Focused Bank: Bloomberg

Singapore Police Start Probe Into Do Kwon’s Terraform Labs: Bloomberg
Singapore Police Start Probe Into Do Kwon’s Terraform Labs: Bloomberg
Bloomberg reports that Singapore police said they have commenced an investigation into Terraform Labs, the company behind the failed TerraUSD (UST) stablecoin. This comes afte...
Singapore Police Start Probe Into Do Kwon’s Terraform Labs: Bloomberg

Huobi, Kucoin Still Permit Customers of Sanctioned Russian Banks To Transact: Report
Huobi, Kucoin Still Permit Customers of Sanctioned Russian Banks To Transact: Report
According to Bloomberg, a new report from Inca Digital finds that crypto exchanges Huobi and Kucoin are permitting customers of sanctioned Russian banks to transact on their p...
Huobi, Kucoin Still Permit Customers of Sanctioned Russian Banks To Transact: Report

Hong Kong Proposes Regulations for Crypto Trading Platforms
Hong Kong Proposes Regulations for Crypto Trading Platforms
Hong Kong's Securities and Futures Commission (SFC) published its proposed rules for virtual asset trading platforms and is seeking public comment. This comes as crypto in Hon...
Hong Kong Proposes Regulations for Crypto Trading Platforms