San Francisco Financial News

12.04 / 07:57

Blockchain Digital Cooper Ripple XRP SEC Simulation Montenegro to develop CBDC pilot in association with Ripple

The Montenegro central bank has inked a deal with Ripple, the blockchain firm based in San Francisco, to build a pilot program for the national central bank digital currency (CBDC).

11.04 / 16:09

Dogecoin Doge From Meme to Cryptocurrency: New 'Dogumentary' Chronicles the Rise of Dogecoin

A group of filmmakers and community participants is working on a feature film chronicling the rise of Kabosu, the Shiba Inu featured in the famous Doge meme, from an abandoned puppy to a global icon.

11.04 / 13:31

business regulation SEC Digital Asset Cyber US SEC seeks to expand its Crypto Assets and Cyber Unit

Regulators in the United States have been piling on the pressure on the crypto space over the last year, even more so in light of the FTX demise and collapse of Silicon Valley Bank (SVB).

07.04 / 22:11

Dogecoin business Square Crypto Biz: Twitter’s DOGE bet, Canada’s new crypto conglomerate, UK banking news

Twitter CEO Elon Musk has made another marketing move to bridge the social media platform with the crypto community by switching its logo icon to the Shiba Inu dog — Dogecoin’s (DOGE) digital symbol. The move, however, seems to be more than just an engagement strategy. It comes just two days after Musk asked a judge to dismiss a $258 billion lawsuit alleging the operation of a pyramid scheme to promote Dogecoin.

05.04 / 21:53

Facebook BLOCK Google Platform bob Lee Cash App founder Bob Lee killed in stabbing

Lee's father, Rick Lee, confirmed the news in a Facebook post: "I just lost my best friend, my son Bob Lee when he lost his life on the street in San Francisco early Tuesday morning." Lee spent six years at Google before joining Square, now Block, in 2010, creating the hugely popular Cash App and serving as CTO.Most recently he had been chief product officer at cryptocurrency firm MobileCoin.On social media platform Nostr, Block boss Jack Dorsey called the death "heartbreaking," adding that “Bob was instrumental to Square and Cash App”.

05.04 / 06:19

business crimes Cash App creator dies following stabbing in San Francisco

Bob Lee, the former chief technology officer of Square and creator of Cash App has died following a stabbing in San Fransisco in the early hours of Tuesday, April 4 local time.

04.04 / 10:17

business Blockchain Investments recovery Dragonfly Capital invests $10M in Bitget amid industry recovery

Dragonfly Capital has invested $10 million in cryptocurrency derivatives exchange Bitget, the San Francisco-based venture capital firm announced on April 4. The funds will be used to support Bitget’s ongoing global market and service expansion and upcoming corporate social responsibility initiatives directed at crypto education and adoption.

31.03 / 17:07

Blockchain Web3 Gaming Asia Sky Mavis Asia’s gaming giants bet on Web3 to transform the global gaming landscape

The Web3 gaming sector is growing fast, accounting for half of the entire blockchain industry in terms of on-chain activity. Asia Pacific is leading the trend, with China alone having over 700 million players ready to adopt blockchain-based games.

31.03 / 15:11

UPS Waves Target Action SVB saga NOT San Francisco Fed leader Daly likely not a major player in SVB saga, officials say

San Francisco Fed President Mary Daly, whose district saw the second-largest bank failure in U.S. history and who has become a target of criticism, would not have typically been a key player in Silicon Valley Bank's supervision, several former and current fed officials told CNBC.

23.03 / 13:51

SEC Kraken Silvergate Crypto Exchange Silvergate Bank Suspends Withdrawals Kraken Suspends Automated Clearinghouse Deposits and Withdrawals Due to Silvergate’s Closure – What Does This Mean for Users?

Kraken will suspend automated clearinghouse (ACH) deposits and withdrawals beginning March 27 due to the recent closure of its banking partner Silvergate Bank.

22.03 / 01:41

Dogecoin Reuters PayPal Landmark Action coinbase First Crypto Lawsuit Reaches U.S. Supreme Court

The U.S. Supreme Court presided over its first crypto case this morning as Justices heard an appeal from Coinbase (COIN) to pause class action lawsuits.

21.03 / 14:05

UPS ETF JPMorgan Action Chase First Republic jumps more than 20%, leads comeback rally in regional banks Tuesday

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20.03 / 15:11

UPS ETF UBS First Republic shares slide 18% Monday after a credit rating downgrade

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15.03 / 15:39

Provident Ripple Lennar Zions KeyCorp PacWest Comerica Stocks making the biggest moves premarket: Credit Suisse, Lennar, PacWest & more

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15.03 / 14:03

MARKET regulation Career regulatory Crypto Firm Anchorage Digital to Lay Off 20% of Staff Citing US Regulatory Uncertainty – Here's What You Need to Know

Anchorage Digital, a crypto bank based in San Francisco, is making substantial staff cuts in response to the current downturn in the crypto market and regulatory uncertainty in the United States.

14.03 / 19:51

COST CEO Platform Airlines Software PacWest Stocks making the biggest moves midday: BuzzFeed, First Republic, Meta and more

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14.03 / 15:41

COST Lowe's CEO Airlines Honeywell KeyCorp Stocks making the biggest moves premarket: First Republic, Western Alliance, Uber, Lyft and more

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13.03 / 16:49

UPS Twitter Target Aware Platform coinbase Bitcoin Euler Finance: Hacker steals around $197M in 2023’s largest hack

Ethereum-based noncustodial lending protocol Euler Finance was targeted by a flash loan attack on 13 March. The attacker was successful in stealing almost $197 million in Dai, USD Coin (USDC), staked Ether (StETH), and wrapped Bitcoin (WBTC).

10.03 / 18:17

UPS Citi Provident Platform SVB Venture capitalists urge startups to withdraw funds from crisis-laden Silicon Valley Bank

Venture capital firms on both sides of the Atlantic have been urging their portfolio companies to move money out of embattled lender Silicon Valley Bank, deepening fears of a run on the tech-focused bank.

08.03 / 07:05

Blockchain UPS Lowe's Platform Gap Strategy network 3 High Growth Cryptos For Your Portfolio HedgeUp, Theta Network and Helium

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

02.03 / 22:53

Blockchain Adoption defi Altcoin Celo Celo president Rene Reinsberg explains why the protocol is optimizing for mobile

On Episode 10 of Cointelegraph’s Hashing It Out podcast, Celo president Rene Reinsberg joins Elisha Owusu Akyaw (GhCryptoGuy) to discuss the regenerative finance (ReFi) movement, which focuses on the building blocks of decentralized finance (DeFi) and the principles of regenerative economics. Reinsberg also explains how Celo intends to stay relevant in the multichain world of layer-1 blockchains and layer-2 networks.

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