Banking
Silvergate account was at the center of FTX’s collapse, senators say
The crypto-focused bank is reviewing transactions related to FTX and Alameda.
Mike Dalton 2 min read
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Elon Musk likely to resign as Twitter poll votes 57.5% in favor of him stepping down, DOGE falls 3%
Elon Musk's Twitter poll has ended with 57.5% voting yes and 42.5% voting no. Musk has yet to confirm the results and officially step down.
Enterprise
Japan’s Nomura Holdings to launch new crypto-focused unit in Switzerland
Nomura's head of crypto Jaz Mohideen will serve as CEO of the new unit — dubbed Laser Digital.
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Enterprise
Ripple shows interest in acquiring Celsius
A Ripple spokesperson reportedly said the firm was interested in looking for M&A opportunities to scale its business.
Adoption
Wells Fargo: Digital assets are an “innovation on par with the internet, cars, and electricity”
Wells Fargo, a banking household name, just released a special report stating that digital assets are as innovative as the discovery of electricity.
Adoption
MicroStrategy records $918M impairment loss in Q2, Saylor moves to new Chairman role
Despite the losses, MicroStrategy stock has outperformed Nasdaq, Gold, Silver, and even some of the biggest tech companies after its Bitcoin adoption.
Enterprise
KPMG, HSBC report identifies crypto startups with unicorn potential in Asia
According to the report, the crypto space still has the potential to produce dominant unicorn companies.
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Adoption
Bitcoin of America’s customer service is advancing the cryptocurrency industry
Bitcoin of America, is changing how we think about crypto by recognizing the struggle customers go through when they are new to the industry
Exchanges
Alameda Research happy to repay Voyager loan in its first ever tweet
SBF's Alameda Research has used its first ever tweet to declare that it is happy to return its loan from Voyager "whenever works for Voyager."
