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On September 23rd, in a new bankruptcy filing, the executive responsible for closing the parent company of crypto-friendly bank Silvergate Bank said that despite the shrinking cryptocurrency industry and rising interest rates, the bank has stabilized, is able to meet regulatory capital requirements, and has the ability to continue to hold deposits for those Client Servers. However, in 2023, "sudden regulatory changes" by agencies such as the Federal Reserve, the Federal Deposit Insurance Corpora...
Metaverse company Animoca Brands is exploring the possibility of a public listing in crypto-friendly markets in Hong Kong or the Middle East. This could happen by 2025, which would be its return to the public market since it was delisted from the Australian Stock Exchange in 2022 due to accounting issues.
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