Bitcoin News / Bitcoinist - 1 year ago
Another bank is in crisis; Silicon Valley Bank (SVB) has followed the financial freefall amid Federal Reserve (Fed) Chairman Jerome Powell’s hawkish macroeconomic view and tightening policies to control inflation rates.
With over 40 years in t...
Cryptocoins News / The Cointelegraph - 1 year ago
The FDIC stated that as the receiver, it had immediately transferred all insured deposits of Silicon Valley Bank to the newly created Deposit Insurance National Bank of Santa Clara (DINB)...
Bitcoin News / Bitcoin.com - 1 year ago
On March 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 hours. SVB was forced to sell a $21 billion bond portfolio at a $1.8 billion loss. CEO Greg B...
Cryptocoins News / The Cointelegraph - 1 year ago
Concerns have been raised around the financial health of the tech-focused bank, which services the likes of crypto-friendly VCs such as Sequoia and a16z. Fears have be...
Cryptocoins News / The Cointelegraph - 1 year ago
Trezor plans to build its hardware wallet chips, but other crypto companies still prefer third-party imports due to technical and financial barriers. Crypto wallet m...
Bitcoin News / Bitcoinist - 1 year ago
Trezor has been facing challenges in meeting the high demand for its popular hardware wallets due to a shortage of chips. Given this, the company hopes to shorten the supply cycle and reduce its dependence on third-party suppliers by producing its ch...
Bitcoin News / Bitcoin Magazine - 1 year ago
The Bitcoin hardware company has begun manufacturing its own chip wrapper for the Trezor Model T.Trezor, a Prague-based Bitcoin hardware company, has announced that it has taken control of its silicon chip supply chain.According to a press release se...
Bitcoin News / Bitcoin.com - 1 year ago
Chain Reaction, a Tel Aviv-based blockchain startup, announced it has raised $70 million as part of its Series C funding round. The objective of the company is to expand its engineering staff to accelerate the production of its blockchain-focused sil...
Bitcoin News / Google News Bitcoin - 1 year ago
The ‘everything bubble’ has popped and the experts on Wall Street and in Silicon Valley were spectacularly wrong about a ton of things& & Fortune
Bitcoin News / Bitcoinist - 1 year ago
NFT platform OneOf made a splash during bull market roars of Q1 when the Quincy Jones-backed Web3 firm paired up with Warner Music Group.
The growing, audio-focused NFT platform has continued to push ahead despite broader macro headwinds across the m...
Cryptocoins News / CryptoNinjas - 1 year ago
Biconomy, a web3 development platform & toolkit that superpowers blockchain technology stacks, today announced it has launched a software development kit (SDK) to transform the way developers build easy-to-use decentralized applications (dApps)....
Cryptocoins News / EthereumWorldNews - 1 year ago
The recent acquisition deal made with CZ’s Binance was not Sam Bankman-Fried’s first choice.
SBF was reportedly looking for Silicon Valley and Wall Street billionaires to bail out FTX.
FTX was reportedly seeking more than $1 billion, although...