Deniz Saat

The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the U.S. Treasury all declared on Sunday that they will take “decisive actions” to boost public trust in the nation’s banking sector. The FDIC and Federal Reserve came to this decision after recommending that Silicon Valley Bank (SVB)

The holding company for Silvergate Bank, Silvergate Capital Corporation, has announced the voluntary liquidation of the bank and the immediate winding down of the firm’s operations. The press release states that Silvergate believes the wisest course of action is a voluntary liquidation of the Bank and an orderly winding

The Mining Development Kit is a new project that provides developers access to Bitcoin mining projects targeted at integrating Bitcoin mining into various novel use cases, according to a new blog post from Jack Dorsey’s Block. The blog explains how the company has begun creating its own application-specific integrated

Grayscale Investments, LLC, CEO Michael Sonnenshein, Digital Currency Group, and Barry Silbert are being sued by Alameda Research Ltd., the hedge fund run by disgraced former billionaire Sam Bankman-Fried. A press release covering the lawsuit stated: FTX Debtors are seeking injunctive relief to unlock $9 billion or more in value

According to Terawulf, around half of the nuclear-powered Nautilus Cryptomine is now operational. The 2.5 GW Susquehanna nuclear generation station in Pennsylvania provides all of the energy for the mining facility, which is a joint venture with Cumulus Coin, LLC. The total operation will be 50 MW and 1.

Private bank Xapo Bank, which holds a license from Gibraltar, has teamed up with Lightspark, the company founded by former Facebook cryptocurrency lead David Marcus, to integrate the Lightning Network for its clients to make almost instantaneous Bitcoin payments. Xapo Bank customers can now make small purchases up to $100

A new and improved English diploma curriculum has been introduced by El Salvador-based Bitcoin education program Mi Primer Bitcoin. Head of curriculum for Mi Primer Bitcoin Dalia Platt explains that the “aim is to change the way people learn about Bitcoin. The goal is to make the course interactive, fun,

Prague-based Bitcoin hardware company Trezor has announced that it has acquired control of its silicon chip supply chain. The company now manufactures its own chip wrapper, a crucial component for its flagship product, the Trezor Model T. The new chip wrapper reduces lead times for mass production while enhancing device