Latest from Aoyon Ashraf
Canada to Ask Pension Funds to Disclose Crypto Exposure
The government budget for 2023 indicates the OSFI will consult with federally regulated financial institutions on guidelines for publicly disclosing their exposure to crypto-assets.
Playboy Lost $4.9M on Ether It Accepted as NFT Payments
The company’s net carrying value of digital assets was $327,000 as of December.
Investors Flock to Tokenized Diamond as Crypto Banking Crisis Props Hard Assets
Sales of tokenized diamonds surged 300% last weekend, when three banks collapsed and investors scrambled to sell their USDC stablecoins.
Payments Processor Stripe Secures $6.5B in Funding at $50B Valuation
Stripe's valuation has fallen about 47% from its 2021 fund raise of $95 billion.
Banking Crisis in U.S. Likely to Push Crypto Firms Offshore
Switzerland, Lichtenstein and island jurisdictions are among the potential benefactors of the trend.
Silicon Valley Bank's Parent Looking at Strategic Alternatives
SVB Financial Group appointed a restructuring committee for its venture capital and investment banking arm.
Bitcoin Miner Marathon Digital Terminates Credit Facility With Crypto Bank Silvergate
The miner reduced its debt by $50 million and freed up about $75 million worth of bitcoin that was held as collateral.
Bitcoin Miner Marathon Digital Sold Almost All Bitcoin Mined in February
It's the second consecutive monthly sale for the company, which before 2023 hadn't sold any of its holdings.
Investment Firm Ninepoint Proposes Switching Bitcoin ETF Strategy After Falling 45% in a Year
The fund will now seek to invest mainly in equity and equity-related securities of companies with exposure to Web3, blockchain and the digital asset-enabled internet.
Crypto Bank Silvergate Uncertainties May Put TradFi Heavy Hitters' Stakes in Jeopardy
Silvergate Capital shares have tumbled 29% in after-hours trading on Wednesday as the crypto-friendly lender raised a “going concern” issue in a regulatory filing.
