Germany shuts down local Silicon Valley Bank branch

[ad_1] Germany’s financial regulator BaFin has closed down the country’s branch of the Silicon Valley Bank, which faces bankruptcy in the US, to protect creditors amid worries of a new…

Naspers shuts down Foundry, its $100M fund focused on South African startups

[ad_1] Naspers, Africa’s most valuable tech company by market capitalization, has winded down the operations of its R1.4 billion (≈$100 million) South Africa-focused venture capital fund Naspers Foundry, according to…

Bank of England Shuts Silicon Valley Bank’s U.K. Subsidiary

[ad_1] The unit has no critical function in the country’s financial system, the BOE said, but others worry about the hit to the U.K.’s vibrant tech scene. [ad_2] Source link

Kazakhstan Shuts Down Crypto Exchange That Transferred $34 Million Through Binance – Exchanges Bitcoin News

[ad_1] Authorities in Kazakhstan have busted an illegal crypto trading platform, seizing over $350,000. The exchange allegedly processed almost $34 million in transactions through wallets on Binance, two of which…

MSF shuts hospital in Haiti over gang violence

[ad_1] Patients and staff at the facility were at risk from nearby fighting, the charity says. [ad_2] Source link

Define Wireless Temporarily Shuts Down Business

Kraken pays a $30 million fine and shuts down crypto staking in the US

[ad_1] Kraken will end its crypto staking program in the US and pay $30 million in penalties as part of a settlement with the Securities and Exchange Commission. The regulator…

Byron Burger chain owner shuts sites and axes jobs

[ad_1] Claire Winder, managing director at Interpath Advisory who acted as a joint administrator on the deal, said: “Like many other companies across the hospitality sector, Byron had seen a…