Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,380,913,516,984.72
  • 24h Vol: $53,359,466,577.03
  • BTC Dominance: 56.61%

Shareholders

ubs-considers-acquiring-credit-suisse,-requests-government-backstop-in-deal

UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal

Leave a Comment / Acquisition, acquisition financing, backstop, Banking, banks, bid, Bitcoin, Challenges, competition, Compliance, credit suisse, Credit Suisse Bank, Crypto Hacked, Cryptocurrency, Deal, dividends, due diligence, Ethereum, Executives, financial stability, global financial system, Government, industry, Investors, landscape, Losses, Market Share, News, Oversight, political backlash, potential merger, private bank, profits, Protection, Regulations, regulatory approval, Reputation, risk management, rumors, Shareholders, shareholders' meeting, stock prices, Strategy&, swiss, Swiss National Bank, Transparency, UBS, UBS Bank, unnamed sources / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit Suisse. According to unnamed sources familiar with the […]

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federal-investigators-probe-silicon-valley-bank-collapse;-svb-and-top-execs-sued-by-shareholders

Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders

Leave a Comment / accountability, Banking, banks, Bitcoin, bridge bank, california, ceo, CFO, Chandra Vanipenta, Class-Action, collapse, Crypto Hacked, Cryptocurrency, damages, depositors, Disclosure, Ethereum, Executives, FDIC, federal court, Federal Deposit Insurance Corporation, Federal Funds Rate, Federal Reserve, financial institution, interest rates, Investigation, Lawsuit, News, Prosecutor's, San Francisco, San Jose, Securities and Exchange Commission, Shareholders, Silicon Valley Bank, stock sales, SVB, SVB Financial Group, Treasury, U.S. Department of Justice, Wall Street Journal, Washington / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would leave the bank in jeopardy. Additionally, anonymous sources say the U.S. Department of Justice (DOJ) and

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alameda-research-sues-grayscale-investments-seeking-to-unlock-billions-in-value-for-shareholders

Alameda Research Sues Grayscale Investments Seeking to Unlock Billions in Value for Shareholders

Leave a Comment / Alameda Research, Bankruptcy, Bitcoin, contrived excuses, creditors, Crypto Hacked, Cryptocurrency, Digital Currency, Discounts, Ethereum, Fees, fiduciary duties, ftx, FTX customers, Grayscale Investments, improper redemption, injunctive relief, Lawsuit, management fees, NAV, Net asset value, News, non-binding mediation, preferential transfers, property, recovery, redemption ban, self-dealing, Shareholders, Trusts, Value, Voyager Digital / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin and Ethereum Trusts. The debtors allege that “Grayscale has extracted over $1.3 billion in exorbitant management fees in violation of the trust agreements.” FTX Debtors Accuse

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osprey-vies-for-control-of-grayscale’s-bitcoin-trust;-tron’s-justin-sun-offers-to-invest-up-to-$1b-on-dcg-assets

Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets

Leave a Comment / 1 billion, Accusations, Assets, Bankruptcy, Barry Silbert, Bitcoin, bitcoin trust, ceo, Charges, Collaboration, Congress, Crypto, crypto assets, Crypto Hacked, crypto industry, Cryptocurrency, DCG, denial, Digital Currency Group, ETF, Ethereum, ETP, evaluation, ftx, Gemini, genesis, grayscale, help, Interest, investment, justin sun, Lawsuits, legal dispute, Letter, listing, loan, Management, News, non-DCG-affiliated, NYSE, offering, Osprey, preservation, Regulators, Sam Bankman-Fried, SEC, Shareholders, situation, sponsor, stakeholders, tron, unregistered, Valkyrie, Winklevoss / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, up to $1 billion, “depending on their evaluation of the situation.” Additionally, the crypto investment manager Osprey has

Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets Read More »