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FTX Acquired a US Licensed Bank with Just 3 Employees in a Questionable Deal: Report
FTX invested $11.5 million in Farmington State Bank, one of the smallest banks in the US worth just $5.7 million.
November 24, 2022
Credit Suisse Estimates $1.6B Loss After $88.3B Withdrawn in Bank Run
Credit Suisse is expecting a $1.6 billion loss in Q4 as investors continue to pull out investments and deposits from the bank at a rapid pace.
November 23, 2022
SoftBank Posts $24.34bn Loss in Q2, Buyout Rumors Resurface
SoftBank posted a record loss in Q2 as rumors of a MBO arise once more.
August 11, 2022
Crypto Trading Will Soon Reach 24M Clients via 650 U.S. Banks
Soon, NCR’s banking clients will be able to buy, sell, and exchange cryptocurrencies from their mobile apps.
June 30, 2021
3 Ways the Pandemic Could Accelerate Bitcoin Adoption
As governments continue to create uncertainty, investors seek assets elsewhere.
September 11, 2020