In the past few weeks, the crypto market has been abuzz with news of the collapse of major exchange SVB Crypto. The impact of the crash has been felt across the crypto-verse, with many exchanges like Binance and Kraken reporting increased volumes in the days that followed. But it seems like crypto app downloads have… Continue reading Top crypto app downloads rise over 15% following SVB collapse
Category: collapse
The tech bank collapse of 2023
In the fall of 2023, one of the biggest tech bank collapses in United States history took place. The tech bank was a Silicon Valley firm that had quickly become one of the premier venture capital lenders in the Bay Area. Founded in 2016, it rapidly amassed a war chest of over $20 billion in… Continue reading The tech bank collapse of 2023
Etsy is delaying seller payouts following Silicon Valley Bank’s collapse
With the collapse of Silicon Valley Bank, one of the oldest digital shopping platform, Etsy, is facing a unique problem. Etsy has been forced to delay payouts to its sellers until it finds an alternative payment provider. Etsy is a global e-commerce website focused on handmade or vintage items and supplies. Popularly known as a… Continue reading Etsy is delaying seller payouts following Silicon Valley Bank’s collapse
Silicon Valley Bank collapse is impacting many Indian startups
In recent news, new attention has been drawn to the collapse of Silicon Valley Bank (SVB), which has sent shockwaves through the Indian startup community. SVB was one of the largest backers of Indian startups and their withdrawal of funding and services is having a tremendous impact on the millions of dollars invested in India’s… Continue reading Silicon Valley Bank collapse is impacting many Indian startups
Plain Old-Fashioned
On Monday, a house subcommittee hearing revealed a shocking new perspective on the collapse of the FTX Exchange. According to testimony from whistleblowers and former employees of the exchange, the downfall of the digital asset exchange was due to nothing less than plain old-fashioned embezzlement. The testimony painted a shocking picture of the inner workings… Continue reading Plain Old-Fashioned
Plain Old-Fashioned
As the real estate market continues to soften in many areas of the country, more and more companies are facing financial difficulties. One of the latest to make headlines is FTX, a real estate investment firm that was accused of misusing investor funds. The scandal was brought to light through testimony from the firm’s former… Continue reading Plain Old-Fashioned