SVB Financial Group Files for Chapter 11 Bankruptcy Protection to ‘Preserve’ Firm’s Value

SVB Financial Group Files for Chapter 11 Bankruptcy Protection to 'Preserve' Firm's ValueOn March 17, 2023, SVB Financial Group, the parent company of Silicon Valley Bank, filed for Chapter 11 bankruptcy protection in the Southern District of New York. The company stated that it is no longer associated with Silicon Valley Bank (SVB) after the Federal Deposit Insurance Corporation (FDIC) placed it into receivership last week. 3 […]

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Belgian Banking Group KBC Creates Blockchain-Based Coin

Belgian Banking Group KBC Creates Blockchain-Based CoinKBC Group, a major European banking and insurance institution headquartered in Belgium, has launched a token based on a blockchain platform. Its customers will be able to acquire the new proprietary coins and use them through their KBC wallet and mobile app. KBC Issues Digital Coin for Clients and Partners KBC, the Brussels-based financial group […]

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SA Purple Group Confirms Adding Cryptos to Its Online Trading Platform

SA Purple Group Confirms Adding Cryptos to Its Online Trading PlatformSouth African financial company Purple Group has confirmed the addition of two cryptocurrencies, bitcoin and ethereum, to its online trading platform. According to a representative, the decision came in response to strong demand from clients earlier this year. The move has expanded the trading options for South Africans, many of whom, according to a recent […]

The post SA Purple Group Confirms Adding Cryptos to Its Online Trading Platform appeared first on Bitcoin News.

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