Business News

Binance and Coinbase Suspend USDC Conversions After Silicon Valley Bank Collapse

USDC is the second-largest stablecoin by market capitalisation with a $43.5 billion circulating supply and over $6.3 billion in daily traded volume.

Mar 11, 2023

By IANS

Silicon Valley Bank Collapses, Marking Biggest US Bank Failure Since 2008

The tech-focused bank was ranked as the 16th biggest lender in the US at the end of 2022 and had more than $210 billion in assets.

Mar 11, 2023

By Jacob J

Silicon Valley Bank in Trouble After Silvergate; Banking Stocks See $80 Billion Wipeout

SVB's CEO Gregory Becker has reiterated that the bank is well capitalized.

Mar 10, 2023

By Jacob J

Credit Suisse Gets Regulatory Approvals to Launch Wealth Banking Business in China

The expansion comes after the lender suffered worse-than-expected global wealth outflows of 92.7 billion Swiss francs ($98.29 billion) in the fourth quarter.

Mar 9, 2023

By Reuters

Crypto Bank Silvergate Capital Collapses; Vows to Make Full Refund of Deposits

Silvergate has been struggling to stay afloat after Sam Bankman-Fried's crypto exchange FTX collapsed in November last year, triggering panic across the crypto segment.

Mar 9, 2023

By Jacob J

Every Performance Marketer's Dream Tool is Here

The AnyTrack platform provides a conversion tracking solution that seamlessly integrates with any marketing flow, tools, and networks, allowing businesses to improve their ROI and scale their operations with confidence.

Mar 8, 2023

By IBT Desk

US to Ban TikTok? 12 Senators Move Bipartisan Bill Giving Wider Powers to President Biden to Enforce Nationwide Ban

US Secretary of Commerce Gina Raimondo welcomed the legislative framework. She said this would protect Americans' safety and national security.

Mar 8, 2023

By Jacob J

Hawex – the transformation of the fintech industry and WEB 3.0

Romans Nekrutenko says Web3.0 technologies in Hawex help to significantly reduce the likelihood of errors due to the human factor and provide a transparent infrastructure for financial transactions

Mar 7, 2023

By IBT Desk

Ten Tips from Inspiring Icon Namita Tiwari on developing Personal Brand

Namita Tiwari said Being visible in the industry is essential for personal branding. This means actively participating in industry-related events and organizations and making oneself known to others.

Mar 7, 2023

By IBT Desk

Silvergate Capital's Shares Fall 10%; Crypto Stocks Jolted

The crypto-focused bank said late on Friday that it had made a "risk-based decision" to discontinue the Silvergate Exchange Network (SEN) effective immediately.

Mar 6, 2023

By Reuters

Australian Flag Carrier Qantas to Hire 8,500 Staff as 300 New Aircraft Deliveries Awaited

Qantas said it is hiring 4,500 cabin crew, 1,600 pilots and more than 800 engineers.

Mar 3, 2023

By Jacob J

Innovative Strategies in Sustainable Investing through SPACs: Edward Chang and Origin Equity Partners Show it's profitable to be sustainable

Edward Chang said The advantage of using SPACs to bring sustainable companies to IPO is the potential to attract more environmentally conscious investors.

Mar 2, 2023

By IBT Desk

Malaysia jails 8 Indonesians for hijacking oil tanker last year

Dark Fleet of 600 Oil Tankers Carry Russian Crude Despite Western Sanctions - Report

Data shows that New Delhi and Beijing bought a record amount of crude oil from Russia after the western ban on buying seaborne Russian crude came into effect.

Mar 2, 2023

By Jacob J

Pageant Queen Turned Tech Entrepreneur changes the Creator Economy

At a multi-million dollar valuation, star-studded client base, and the official NFT partner of Oracle, Boppana is spearheading the marketing department onboarding creators for the first time.

Mar 1, 2023

By IBT Desk

Why Publishers are Turning to this AdTech Vendor for Optimal Engagement and Revenue

This Israel-based video-exchange technology company is empowering publishers by providing them with unique video monetization solutions.

Mar 1, 2023

By IBT Desk

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