News Explorer — Silvergate CEO Departs With Benefits as Bank Shutdown Continues

Silvergate CEO Alan Lane and Chief Legal Officer John Bonino have left the company as it continues to wind down operations. The departures are part of the shutdown process, with the Chief Financial Officer also set to depart later this month. Silvergate Bank, once known for its crypto-friendly services, has been reducing its workforce and focusing on its wind-down for several months.

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Adidas and BAPE Team for Ultra-Limited Sneakers With Digital Twins

Adidas Originals and BAPE have collaborated on a limited-edition sneaker, the Triple White Forum 84 BAPE Low, which will… Read Summary

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Silvergate CEO Departs With Benefits as Bank Shutdown Continues

Silvergate CEO Alan Lane and Chief Legal Officer John Bonino have left the company as it continues to wind down operatio… Read Summary

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Donald Trump Crypto Wallet Holds Over $5 Million, New Filings Show

Former President Donald Trump’s financial disclosure documents reveal that he owns over 2.8 million in cryptocurrency, h… Read Summary

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Stellar Invests in MoneyGram in Bid to Be a ‘Digital-Forward’ FinTech Leader

Stellar has announced its investment in money transfer company MoneyGram International, becoming a minority investor usi… Read Summary

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From Art Blocks to Block Art: Snowfro Gets Physical With ‘Heart + Craft’

Art Blocks founder Erick “snowfro” Calderon has collaborated with Prohibition founder Jordan Lyall to launch Heart Craft… Read Summary

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Republicans Blast SEC For ‘Shady’ Prometheum Broker Approval

The House Financial Services Committee (HFSC) Republicans are questioning the SEC’s approval of crypto broker Prometheum… Read Summary

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Aug 15, 10:57 am

Blockworks

Coca-Cola NFTs on Coinbase Base Chain Draw $450,000 in Sales

Despite the poor historical performance of NFT collections from major brands, traders have invested over $450,000 in Coc… Read Summary

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Aug 15, 10:47 am

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Scaramucci’s SkyBridge ‘Strongly Disagrees’ With Grayscale on Bitcoin ETF

SkyBridge Capital, Anthony Scaramucci’s investment firm, has expressed support for Bitcoin spot ETF applications that in… Read Summary

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Aug 15, 10:36 am

Blockworks

MoonPay Gets Approval to Operate in Ireland, Joining Coinbase and Gemini in European Expansion

MoonPay has obtained VASP registration in Ireland, allowing the crypto payment company to offer its fiat-to-crypto onram… Read Summary

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Aug 15, 10:21 am

Decrypt

Mired in Controversy, A Film Gives HEX and Richard Heart the Hollywood Treatment

A documentary about Richard Heart, the founder of cryptocurrency HEX, premiered in Los Angeles. The film explores whethe… Read Summary

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Aug 15, 10:08 am

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Zepeto, Jump Crypto Raise $13 Million for ZTX Metaverse on Arbitrum

South Korean metaverse platform Zepeto is entering the blockchain space with its ZTX ZepetoX initiative, backed by a $13… Read Summary

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Aug 15, 8:36 am

Cointelegraph

Left Without Card Payment Options, Binance Connect to Shut Down on August 16

Binance Connect, the regulated buy-and-sell crypto arm of Binance exchange, will be shutting down on August 16. The deci… Read Summary

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Aug 15, 9:01 am

Decrypt

Helium Mobile Debuts Crypto Wireless Network in Miami—For $5 a Month

Helium Mobile, a hybrid wireless carrier that combines the Helium 5G network and TMobile’s nationwide 5G network, has la… Read Summary

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Aug 15, 8:14 am

The Block

Executives Leave Crypo Market Maker GSR as Firm Scales Back

GSR, one of the oldest market makers in the crypto industry, is retreating and experiencing a wave of executive departur… Read Summary

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