When it comes to banking, compliance is king. That makes proper accounting and internal controls queen, at the very least. This, as the collapse of Silicon Valley Bank (SVB) last week and Signature Bank over the weekend, comes just a handful of days after big-four accountant KPMG LLP reportedly gave both...
One crypto bank is no more — and one wonders what’s next for the crypto banking business model itself. To that end, Silvergate Capital said Wednesday night (March 8) that it would wind down operations and voluntarily liquidate Silvergate Bank. And in the release announcing the...
Bitcoin startup Lolli announced that it has struck a new partnership with Hotels.com, joining Lolli’s existing partners Booking.com, Priceline, Hilton and Marriott. “We are leveraging our Hotels.com and Booking.com partnerships to begin international expansion in the coming months,” Lolli CEO Alex Adelman told CoinDesk about his...
A U.S. Drug Enforcement Administration official said that criminal activity no longer dominates cryptocurrency transactions, Bloomberg reported. The official noted that 90 percent of crypto transactions from five years ago involved criminal activity. However, that percentage has dropped to 10 percent today. Now, the driver...
March 08, 2023
One crypto bank is no more — and one wonders what’s next for the crypto banking business model itself. To that end, Silvergate Capital said Wednesday night (March 8) that it would wind down operations and voluntarily liquidate Silvergate Bank. And in the release announcing the wind-down, the company said it is “considering how to best […]
June 26, 2019
Bitcoin startup Lolli announced that it has struck a new partnership with Hotels.com, joining Lolli’s existing partners Booking.com, Priceline, Hilton and Marriott. “We are leveraging our Hotels.com and Booking.com partnerships to begin international expansion in the coming months,” Lolli CEO Alex Adelman told CoinDesk about his company’s plans for the next six months. “Canada has been […]
August 08, 2018
A U.S. Drug Enforcement Administration official said that criminal activity no longer dominates cryptocurrency transactions, Bloomberg reported. The official noted that 90 percent of crypto transactions from five years ago...
