HSBC Takes Ove Silicon Valley Bank’s British Arm
HSBC has announced it has acquired the British “daughter” of Silicon Valley Bank for £1 ($1.21).
Gwyneth Paltrow Participates in Funding Round of Web3 Platform Wild
Wild, a digital art-focused Web3 platform, has raised $7 million in seed funding in a round led by venture capital firm Matrix Partners.
Hut 8 Mined 3,568 BTC in 2022
Hut 8 Mining’s revenue amounted to 150.7 million CAD ($109 million) last year, a decrease of $23.1 CAD from the previous period.
Startup Checking Crypto Companies Solvency Raises $15.8M
Proven, a startup that is developing a zero-knowledge proof-based technology to help crypto companies prove their solvency without having to hand over sensitive information, has raised $15.8 million.
FCA’s Head: British Authorities Cannot Protect Crypto Investors
This week, FCA Director General Nikhil Rathi has reaffirmed the agency’s hardline stance on digital currencies.
48,998 BTC Seized from Silk Road Are Transferred to Other Addresses
More than $1.08B in BTC seized by the US government from the darknet marketplace Silk Road have gone into motion.
One River CEO Thinks Bitcoin Can Experience a Sharp Grow
Eric Peter, CEO of One River Digital Asset Management, believes that the recent fall of the cryptocurrency market is only temporary.
Binance Unveils Data on its Reserves
A group of US senators has called on the management of Binance and its US affiliate Binance US to provide financial statements.
Brazil Intends to Launch its CBDC in 2024
The digital real will be integrated into the Brazilian payment infrastructure by the end of 2024.
Thailand Abolishes Tax Fees for Investment Token Issuers
The Thai Cabinet has abolished corporate income tax and value added tax for companies issuing digital tokens for investment.
Former Twitter CEO Jack Dorsey Launches a Bitcoin Mining Developer Kit
Jack Dorsey’s Block is working towards creating a Bitcoin Mining Development Kit (MDK).
Bankrupt Exchange FTX Files a Lawsuit Against Grayscale Investments
FTX has filed a lawsuit against Grayscale Investments, accusing the firm of mismanagement of funds and violation of a trust agreement.
Crypto Exchange Binance Expands Asset Representation in Proof-of-Reserves to Include 24 Assets
Binance has expanded its Proof-of-Reserves service to include 24 different assets.
Iran Completes First Stage of Trials with its CBDC
The Central Bank of Iran is planning to issue its own token, which will be used to bypass Western financial sanctions.
