County Valley Financial News

24.07 / 13:59

UPS Citi Metro Southern cover US weather update: Severe thunderstorm issued for several areas in Kansas City; Details here

Kansas City metro area is under a severe thunderstorm watch issued by the National Weather Service, lasting from 5 a.m. until noon on Monday. The watch includes parts of Kansas, Missouri, and Iowa.

17.07 / 18:47

UPS Citi Waves FIVE Extreme Parke From China to Death Valley, extreme weather blankets the globe

By Julia Harte and Charlie Devereux

15.07 / 07:25

COST Lowe's CEO Moon Indian Chandrayaan-3 launch: Indian origin CEOs in Silicon valley are over the moon

Silicon valley thumping their chest with pride and looking at what lies ahead for India. Some of the top representatives of the Silicon Valley companies echoed the sentiment that the successful launch of the lunar mission signalled the emergence of India as global leader in key areas of the technology sector.

11.07 / 09:37

UPS Waters Extreme BEAS Deadly flooding is hitting several countries at once. Scientists say this will only be more common

Lethal flooding has simultaneously hit India, Japan, China, Turkey and the U.S. Northeast

11.07 / 04:51

UPS Waters Racing ICE Orange Rescue New York floods leave one dead, rescue crew race into Vermont after heavy rainfall

The Associated Press. On Monday, the US Army Corps of Engineers said they expected two dams to release water overnight, causing ‘severe flooding’ downstream likely to affect multiple towns. Floods hit Vermont's state capital with Montpelier Town Manager Bill Fraser estimating Monday night that knee-high waters had reached much of downtown and were expected to rise a couple more feet during the night. “For us, this is far worse than Irene. We got water but it went up and down. There were some basements flooded but it didn’t last long.

16.06 / 02:07

business Adoption Miami Bitcoin Elections Pro-Bitcoin Florida man Francis Suarez enters presidential race

Francis Suarez, the mayor of Miami and a known crypto advocate, has filed paperwork signaling his intention to run for United States presidency in 2024.

29.05 / 09:47

Pony.ai Introduces Driverless Robotaxi Service in Shenzhen, Following Successful Launch in Guangzhou

Chinese autonomous vehicle startup Pony.ai has introduced its driverless robotaxi service in Shenzhen.

11.05 / 17:39

regulation Congress Silicon Valley GAO GAO cites exposure to digital assets in exploring collapse of Signature Bank

The United States Government Accountability Office, or GAO, has released its preliminary review of the failures of Silicon Valley Bank and Signature Bank — and included exposure to deposits from the cryptocurrency industry.

08.05 / 10:23

Binance regulation Ban Huobi FTX Chainalysis New Report: Despite Crypto Ban, Chinese Citizens Trade on Binance and FTX Exchanges

Beijing has said 'no' to crypto, but that doesn't seem to affect a number of Chinese citizens who have continued trading digital coins since the ban - reportedly, on exchanges including Binance, FTX, OKX, and Huobi.

04.05 / 10:05

Adoption Europe Asia UK Lisbon Leads the Way as the World's Premier Crypto Hub, Outranking New York and Berlin: Report

Portuguese capital takes the top spot among the world's most important crypto hubs - ahead of New York, Berlin, and Paris, according to a report by European crypto investment firm Greenfield.

29.03 / 12:25

Adoption Banks Africa DApp community Podcast Bitcoin Africa: The next hub for Bitcoin, crypto adoption and venture capital?

The cryptocurrency space has no shortage of skeptics. While many people criticize the environmental impact of proof-of-work blockchains or the proliferation of scams, one particular argument against crypto often stands out: Blockchain has no real use cases.

22.03 / 22:05

NFT Silicon Valley SVB collapse chilled NFT trading volumes: Nifty Newsletter, March 15–21

The recent collapse of the Silicon Valley Bank (SVB) resulted in dwindling numbers for NFT trading volumes, with traders holding on to their assets amid the banking crisis in the United States.

20.03 / 23:33

Binance European Union Banks Congress Court Silicon Valley In the aftermath of banks’ horrorshow: Law Decoded, March 13–20.

A week after the twinning collapse of Silicon Valley Bank (SVB) and Signature Bank, and the trouble at Credit Suisse, the dust is slowly settling down. SVB Financial Group has filed a voluntary petition for a court-supervised reorganization under Chapter 11 in the United States Bankruptcy Court. The company is no longer affiliated with Silicon Valley Bank, which operates under the jurisdiction of the Federal Deposit Insurance Corporation (FDIC) and is not included in the Chapter 11 filing. Meanwhile, the United Kingdom arm of the bank was acquired by HSBC for 1 British pound.

13.03 / 22:43

regulation Silicon Valley Signature Bank US regulators US regulators shut down Signature Bank despite 'no insolvency': Report

Barney Frank, a former member of the United States House of Representatives, has reportedly suggested New York regulators closed the crypto-friendly Signature Bank as part of a seeming show of force.

13.03 / 00:41

business defi Silicon Valley Silicon Valley Bank collapse: Everything that’s happened until now

The sudden collapse of Silicon Valley Bank (SBV) has quickly unfolded over the course of three days, depegging stablecoins, leading regulators in the United States and United Kingdom to prepare emergency plans and raising fears among small businesses, venture capitalists and other depositors with funds stuck at the California tech bank.

12.03 / 22:43

business Silicon Valley Bank of London bids to acquire Silicon Valley Bank's UK arm

Global clearing institution Bank of London has submitted a formal proposal to acquire the Silicon Valley Bank's subsidiary in the United Kingdom, according to a statement disclosed by Reuters on March 12.

12.03 / 12:13

business Adoption Investments Venture Capital Banks Silicon Valley SOLIDARITY Over 100 VCs, investors voice solidarity with Silicon Valley Bank

As the 40-year-old banking institution, Silicon Valley Bank (SVB), winds down operation, numerous venture capitalists and investors joined hands and decided to cushion the impact in case the bank “were to be purchased and appropriately capitalized.”

12.03 / 09:23

regulation Silicon Valley Bill Ackman warns US gov't: Fix mistake in ‘48 hours’ or face ‘destruction’

Billionaire Bill Ackman has urged the United States government to “guarantee” all Silicon Valley Bank's (SVB)'s deposits within the next “48 hours,” or it risks the “destruction” of many financial institutions.

08.03 / 21:31

Blockchain Citi Provident Google CEO Landmark Strategy network Support Astar Network Partners With Shibuya to Support Tokyo Ward’s Web3 Strategy

Tokyo, March 8th, 2023 – Blockchain innovation hub Astar Network has partnered with Shibuya, the Tokyo ward famed for its commerce and finance. The agreement will see Astar support Shibuya’s new Web3 initiative and host events that support this strategy.

11.12 / 03:15

Facebook Blockchain Google YouTube A Supreme Court case could kill Facebook and other socials — allowing blockchain to replace them

The internet — arguably the greatest invention in human history — has gone awry. We can all feel it. It is harder than ever to tell if we are engaging with friends or foes (or bots), we know we are being constantly surveilled in the name of better ad conversion, and we live in constant fear of clicking something and being defrauded.

21.11 / 20:03

Blockchain Platform Interface WeSendit 3.0: The Web3 data storage revolution from Switzerland

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