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Crypto-friendly bank Silvergate has delayed filing its 10-K, an annual report on the financial health of the company. The news has sent its stock price down 31%. Source: https://cointelegraph.com/rss Silvergate stock plunges 31% after delayed filing raises doubts over future
The use cases for the CBDC ranged from offline payments to “trusted Web3 commerce” and financial industry participants were invited to undertake a live pilot. Source: https://cointelegraph.com/rss Australian central bank to launch ‘live pilot’ of CBDC in coming months
Tesla's production capacities are in store for a significant growth spurt, CEO Elon Musk told the crowd assembled at the company's Austin, Texas Gigafactory for Investor Day 2023 — and AI will apparently be the magic bullet that gets them there. It's all part of what Musk is calling Master Plan part 3. This is […]
One bank accounts for almost 62% of all crypto-asset prudential exposure, and almost two-thirds of banks holding crypto are in the Americas. Source: https://cointelegraph.com/rss Crypto distribution is uneven among banks as prudential exposure rises: BIS report
The United States Postal Service isn't pinning all its electrification hopes on next-gen mail delivery vehicles. The service has signed a contract to buy 9,250 Ford E-Transit electric vans, with the first units arriving in December. The handover should be complete by the end of 2024, Ford adds. The USPS is also placing its early […]