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Markets
Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors – Bitcoin News
Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney…
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Markets
Hong Kong fund plans to raise $100 million for crypto investment
As Hong Kong is once again opening up to the crypto market, local investors are launching a $100-million fund to…
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Markets
First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B – Bitcoin News
According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens…
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Markets
Sushi DAO to Set up Defense Legal Defense Fund; Project Receives Unspecified US SEC Subpoena – Defi Bitcoin News
Sushi, the Web3 exchange that pivoted into a decentralized autonomous organization (DAO), is seeking to organize a legal defense fund.…
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Markets
Sushi sets up legal defense fund after SEC subpoenas head chef Jared Grey and DAO itself
Sushi DAO proposed the creation of a legal defense fund March 21 in response to the “recent” subpoena of Sushi…
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Markets
Swedish pension fund Alecta dumps First Republic Bank shares after price plummets
Private Swedish pension fund Alecta has sold its shares in First Republic Bank, the American bank struggling to stay afloat…
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Markets
Binance replaces BUSD in SAFU Fund with TUSD & USDT
Cryptocurrency exchange Binance announced on March 17 that it has replaced BUSD holdings in the Secure Asset Fund for Users (SAFU) with…
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Markets
Africa-Focused Venture Capital Firm Echovc Launches Blockchain Fund – Africa Bitcoin News
The Africa-focused venture capital (VC) firm, Echovc, has launched a fund that seeks to support blockchain startups on the continent.…
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