The US CFTC grants crypto exchange Gemini a Designated Contract Market license, allowing it to launch its prediction markets betting platform Gemini Titan
Daniel Kuhn / The Block :
The US CFTC grants crypto exchange Gemini a Designated Contract Market license, allowing it to launch its prediction markets betting platform Gemini Titan
Daniel Kuhn / The Block :
Sources: the FDIC is racing to sell SVB's assets and make 30% to 50% or more of clients' uninsured deposits available as soon as Monday
US regulators overseeing the emergency breakup of SVB Financial Group are racing to sell assets and make a portion of clients' uninsured deposits available …
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or... https://twitter.com/... Bob Elliott / @bobeunlimited : Fed/FDIC decisions on SVB determine whether they r...
SVB draws support from 300+ VC firms, including General Catalyst, while 1,200+ founders and CEOs sign a Y Combinator petition asking the US Congress to act
More than 100 venture capital and investing firms have signed a statement supporting Silicon Valley Bank, part of mounting industry calls …
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
Programming note: Money Stuff was supposed to be off today, but: bank run! — SVB
US financial regulators are rapidly closing crypto's key routes to the banking system, accelerating since FTX collapsed, pushing the industry to the fringes
Crypto's free pass is getting yanked as the most powerful US financial regulators rapidly close key doors to the country's banking system.
The SEC asks US public companies to disclose to investors their exposure and risks related to crypto assets after “recent bankruptcies and financial distress”
- The SEC is advising companies to disclose their involvement with digital commodities firms, according to guidance released Thursday.
Sources: Genesis struggles to raise $1B+ funding for its lending unit and warns potential investors that it may need to file for bankruptcy if its efforts fail
Digital-asset brokerage Genesis is struggling to raise fresh cash for its lending unit, and it's warning potential investors …