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Silvergate Stock Plunges 65%: Why Investors Are Running for Cover

Summary Silvergate Capital Corp. (NYSE: SI) saw its stock price plunge nearly 50% after delaying the submission of its annual 10-K report. The lender is facing an existential crisis following the FTX fiasco in early November and is evaluating its ability to continue as a going concern. JPMorgan analyst Steven Alexopoulos downgraded the financial services …

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$2.45 Billion Flows from BUSD to Tether: Binance CEO on Stablecoin Landscape Shift

• Binance CEO Changpeng Zhao has commented on the recent decline in the market cap of BUSD, noting that over $2.37 billion have been moved from BUSD to USDT as traders seek out a more stable option. • USDC has also seen its market cap shrink by about $739 million amid the regulatory issues surrounding …

$2.45 Billion Flows from BUSD to Tether: Binance CEO on Stablecoin Landscape Shift Weiterlesen »

Crypto Businesses Booming: Study Computer Science or Get MBA, Says Ashmore

• Most crypto business leaders have studied computer science or have an MBA. • The University of California is the most common institution attended by crypto executives. • North America leads the way in terms of crypto salaries with an average salary of $120,000 per year. Most Crypto Business Leaders Studied Computer Science or Have …

Crypto Businesses Booming: Study Computer Science or Get MBA, Says Ashmore Weiterlesen »

SOLD OUT! Equinoz’s ‚Cybernetics‘ Auction on PlayNomm NFT Ends in 4 Mins!

• Equinoz’s ‚Cybernetics‘ artwork was sold out at the highest buyout of US $16,000 in 4 minutes on playNomm NFT Marketplace. • The pre-drop event of NFT Korea Festival Artwork was part of a 7-day auction which ended early due to the high demand. • NFT Korea Festival is set to be held at DDP, …

SOLD OUT! Equinoz’s ‚Cybernetics‘ Auction on PlayNomm NFT Ends in 4 Mins! Weiterlesen »

GALA Token Soars 68%: Hollywood Stars Dwayne Johnson & Mark Wahlberg Invest

• GALA token rose more than 68% to hit highs of $0.04022884. • Gains for GALA, the utility token of Gala Games ecosystem, came after the platform announced partnerships with Hollywood stars Dwayne Johnson and Mark Wahlberg. • GALA has seen $1,241,426,652 traded in the past 24 hours and has a market cap of $288 …

GALA Token Soars 68%: Hollywood Stars Dwayne Johnson & Mark Wahlberg Invest Weiterlesen »

Ethereum Classic (ETC/USD) Breaks Above Crucial Trendline, Miner Activity Up

• Ethereum Classic (ETC/USD) has seen an 18% increase in the week, breaking above a crucial descending trendline. • The network has seen an increased hash rate indicating increased miner activity and ETC transactions. • However, buyers may need to exercise caution at the current price level as ETC still faces bearish pressure. Ethereum Classic …

Ethereum Classic (ETC/USD) Breaks Above Crucial Trendline, Miner Activity Up Weiterlesen »