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Silvergate shares nosedive 47% amid annual report delay

California-based crypto-friendly company Silvergate Capital will delay its annual financial report filing with the US Securities and Exchange Commission (SEC) while hinting that it would come under more regulatory scrutiny from banking regulators and US authorities.  In a filing on March 1, Silvergate revealed that the company would not be able to file the annual […]
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CZ denies Bloomberg US delisting report

Reports emerged that Binance Global intends to end partnerships with U.S.-based firms such as banks and terminate listing tokens linked to U.S.-based projects as regulators cast the net deeper. Binance’s CEO has refuted the claims.  CZ denies Bloomberg report However, in a quick rejoinder to the news from Bloomberg, Binance CEO, Changpeng Zhao (CZ), has […]
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CoinDesk may be in deep trouble after NYT report

On Jan 16th, 2023, The New York Times reported that CoinDesk, the company that broke the news that led to FTX filing for bankruptcy, is also in trouble. Operations and the financial standing of several of its parent company subsidiaries are under scrutiny.  CoinDesk parent company faces federal investigation The CoinDesk parent company, Digital Currency […]
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