UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal
After Credit Suisse Group AG introduced it could borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly contemplating buying...
Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders
The mother or father firm of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse final...
Alameda Research Sues Grayscale Investments Seeking to Unlock Billions in Value for Shareholders
FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit towards Grayscale Investments, looking for injunctive aid to unlock $9 billion in worth for...
Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets
Following costs by the U.S. Securities and Exchange Commission in opposition to the crypto alternate Gemini and the digital forex lender Genesis, Tron founder Justin...
Digital Currency Group CEO Barry Silbert Responds to Accusations by Gemini’s Cameron Winklevoss With Shareholders Letter
Barry Silbert, CEO of Digital Currency Group (DCG), has launched a letter to shareholders in response to a current open letter from Gemini CEO Cameron...
Report: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets
According to a current report from the Financial Times (FT), Genesis Global Capital allegedly owes $900 million to Gemini clients. The trade operated by Cameron...
Report: State Securities Regulators Probe Crypto Lender Genesis
State securities regulators are reportedly investigating Genesis Global Capital in a broad vary probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The...
DCG Subsidiary Foundry to Acquire 2 ‘Turnkey’ Bitcoin Mining Facilities From Compute North
Digital asset mining and staking agency Foundry has agreed to buy two “turnkey” bitcoin mining amenities from Compute North, a bitcoin miner that filed for...
Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of as much as $240M
According to Blockfi’s co-founder Zac Prince, the corporate has signed definitive agreements with the crypto agency FTX and the deal is presently as much as...
Digital Asset Firm Bakkt to Go Public After Completing Merger — BKKT Shares Set to Trade on NYSE Monday
The digital asset company Bakkt Holdings has completed a merger with a firm called VPC Impact Acquisition Holdings and the combined business will be listed...