According to Bloomberg, Peter Thiel-backed banking startup Erebor Bank is raising about $350 million in a funding round that would value the firm at roughly $4.35 billion. People familiar with the matter said the round is led by Lux Capital, with existing investor 8VC also

Digital Bank Erebor: Rebuilding High-Tech Financing Channels with Stablecoins

Digital bank Erebor attempts to fill the gap left by high-risk technology companies in financing after the collapse of SVB, and rebuild high-tech financing channels with stablecoins

Binance reportedly mixed customer funds with company revenue at a US bank

The cryptocurrency exchange has denied commingling funds, which would violate US financial rules.

First Citizens Bank to acquire failed Silicon Valley Bank assets at a discount

The FDIC said early estimates showed that Silicon Valley Bank's failure cost its Deposit Insurance Fund around $20 billion.

Flagstar Bank acquires Signature Bank – without $4B of ‘digital banking’ deposits

Signature Bank has found a buyer after a week long financial odyssey, the New York Community Bancorp, Inc.

Coinbase Already in Line With SEC Proposal, Argues Company CLO

Lark Davis Withdraws $2.5M from Celsius After Shilling Company

The rumors come hot on the heels of a Celsius financial report that exposes investors' transaction records.

Crypto ATM Company BitBase To Launch Services In Venezuela

Bitbase is a cryptocurrency store and ATM company which has now decided to launch its ATM operations in Venezuela this ...

Metaverse Company Appoints Robot As Female CEO – Hasta La Vista Baby!

This CEO just got a job to oversee operations at this popular Chinese gaming and metaverse company. She is a ...

Bitcoin ‘Isn’t Going Away,’ Digital Assets Company CEO Says

Bitcoin has been put to the extreme test during the past few weeks as this year's cryptocurrency market crash has raised ...

Web3 Gaming Company Speaks Out, Nintendo GameCube Logo Plagiarized?

Web3 gaming console manufacturer Polium revealed their first product, the Polium One. This community-driven project aims to build the “world’s ...