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Tag: Announcement

Regulators’ freeze on SVB spurs Asian stock movements

S&P 500 futures rose after regulators announced a plan to freeze every depositor at a Silicon Valley bank and make additional funding easier for...

U.S. Regulators Reassure SIVB Depositors Over Safety of Funds

U.S. Regulators have released a joint statement over Silicon Valley Bank dissolution. The regulators assured that the taxpayer will bear no losses over the...

SVB and Signature: The big non-bailout

Today, Monday, March 13, 2023, is the day many have been waiting for, following a long weekend of uncertainty over whether deposits in the...

Ault Alliance Announces Termination of At-the-Market Equity Offering Program

LAS VEGAS–(BUSINESS WIRE)–$AP #AULT—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”) announced today that it has terminated...

Privacy-focused blockchain network closes Aztec Connect tool

Privacy-oriented blockchain platform Aztec is preparing to shut down Aztec Connect, the network’s privacy infrastructure serving as the encryption layer for Ethereum.Aztec Network officially...

Fed starts ‘stealth QE’ — 5 things to know in Bitcoin this week

Bitcoin (BTC) begins a new week with a bullish surge above $22,000 as the Federal Reserve injects liquidity into the United States economy.In a...

US Chamber Commission Urges Congress to Prioritize AI Regulation

Slack, the instant messaging program for professional communications, will soon offer “new superpowers” after unveiling a ChatGPT AI tool aimed at boosting productivity for...

Circle Plans to Cover USDC Shortfall After SVB Shutdown

Circle, the issuer of the stablecoin USD Coin (USDC), has been forced to take action to cover a significant shortfall in its reserves after...

Coinbase, Paxos, and Celsius Report Funds Tied up with Now-Shuttered Signature Bank

Several crypto firms have come forward to report their exposure to the now-shuttered Signature Bank, which was shut down by New York regulators on...

$1 Billion Buying Pressure On Bitcoin, ETH, BNB Incoming, Binance Will Convert Recovery Fund

Bitcoin and the broader crypto market showed a strong recovery on Sunday afternoon (EST), although it was probably the most chaotic weekend in a...

Circle to Bring On New Banking Partner for USDC Minting, Redemption

Stablecoin issuer Circle can no longer count on Signature Bank’s “SigNet” for USDC settlements. In a series of tweets on Sunday, Circle CEO Jeremy Allaire...

Regulators take control of Signature Bank

Ad Signature Bank — a New York-based lender focused on servicing companies in the crypto industry — has shut down. The New York State...

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