American venture capital investor, Tim Draper, has advised company founders to plan and hold at least two payrolls worth of cash in bitcoin (BTC) or other cryptocurrencies.
Preparing for the unforeseen
Tim…
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UBS’ decision to acquire its rival, Credit Suisse, has,…
A crypto trader with an address dubbed Smartestmoney has deposited 7,868 ETH tokens (roughly $14 million) on Binance. They also withdrew $19 million from FTX before its collapse last year.
Blockchain…
On March 20, 2023, the Federal Deposit Insurance Corp. announced that Signature Bank’s related deposits would be returned directly to the customers, contrary to the notion that the New York…
Despite growing concerns in the United States banking industry, the crypto industry stands firm, raising over $4m through token sales last week.
On Mar. 19, CryptoRank data revealed that despite a…
This week, Bitcoin’s (BTC) upward surge was the most significant event. The coin rose above $27,000 amid a banking crisis in the United States. The situation reiterated the need for…
Reports indicate that the number of people downloading crypto applications has increased massively following the dawn of problems in the US banking system.
Based on recent reports, the number of downloads…
Chipper Cash, an African fintech company backed by Silicon Valley Bank and the defunct crypto exchange FTX, is reportedly considering various strategic moves, including a potential sale or attracting new…
In a deal facilitated by the British government and the Bank of England, HSBC has acquired the UK arm of Silicon Valley Bank (SVB) for £1, following the collapse of…
Silicon Valley Bank (SVB) took center stage as reports revealed that the bank had shut down, sparking widespread panic. The crypto scene took a hit as well, compounding the already…