SVB Financial Group, the former parent company of Silicon Valley Bank, is getting closer to a deal that will see the institution sell its venture capital arm SVB Capital. According to a Sept. 15 report from The Wall Street Journal, which cited sources familiar with the matter, Anthony Scaramucci’s SkyBridge Capital and Atlas Merchant Capital are jostling with the San […]

The crypto industry is far too focused on token prices, rather than figuring out how smart contracts can be used to solve real-world business problems, according to Google Cloud’s Web3 lead.  In an interview with Cointelegraph, Google Cloud’s Head of Web3 James Tromans stressed the need to focus more on the business logic in the smart contract rather than the […]

Ripple is not planning to back down from the fight even as the Securities and Exchange Commission seeks to appeal Judge Analisa Torres’ findings in July. Ripple president Monica Long asserted recently that the blockchain payments firm intends to continue its fight against the SEC’s lawsuit “all the way through”. As per Long, the fact that the odds are currently […]

Binance.US has lost two more senior executives following the exit of CEO Brian Shroder. The latest departures come just a day after the layoff of one-third of the crypto exchange’s workforce as it continues to fight a lawsuit initiated by the U.S. Securities and Exchange Commission (SEC). Two More Top Binance.US Execs Depart Two more executives at Binance.US, the American […]

Meltem Demirors, the Chief Strategy Officer (CSO) at CoinShares, has recently voiced her concerns about the current state of the cryptocurrency markets. In a recent interview with Bloomberg, Demirors highlighted the increasing levels of uncertainty that are causing hesitation among various market players. Demirors described the past summer as a “summer of apathy,” a period marked by subdued market activity […]

On Sept. 15, the United States government responded to questions the defense has suggested posing to potential jurors during their selection for the case against former FTX CEO Sam Bankman-Fried. He faces seven charges of fraud and money laundering in connection with the collapse of the cryptocurrency exchange that could land him in prison for decades. The sides submitted their […]

One year has passed since the Ethereum (ETH) Merge, which marked the integration of Ethereum’s proof-of-stake (PoS) Beacon Chain with the Ethereum Mainnet.  This significant milestone facilitated the transition of the Ethereum blockchain from the legacy proof-of-work (PoW) system to a PoS model, giving rise to Ethereum 2.0. The completion of the Merge on September 15, 2022, brought about a […]

Popular crypto exchange Robinhood has continued to bolster its Shiba Inu holdings, amassing a staggering 35 trillion SHIB tokens in a relentless buying spree. This strategic manoeuvre comes amidst intense market volatility, showcasing Robinhood’s commitment to securing a substantial SHIB portfolio at impressively discounted rates. According to data from the blockchain analytics firm Arkham Intelligence, Robinhood’s largest hot wallet added […]

On-chain data shows the Bitcoin profit-taking has risen to a two-month high, which could provide resistance to the BTC surge. Bitcoin Profit-Taking Volume Has Shot Up With The Price Rise According to data from the on-chain analytics firm Santiment, investors have started to take profits following the latest cryptocurrency price increase. The relevant indicator here is the “ratio of daily […]