River

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Cryptocoins News / The Cointelegraph ​ - 2 years ago

Trader weighs in on possible Bitcoin price drivers for remainder of 2023

A popular name on Twitter, trader Michaël van de Poppe was interviewed for the 10th episode of Cointelegraph’s Crypto Trading Secrets podcast. Cointelegraph’s Crypto...

Bitcoin News / Bitcoin.com - 2 years ago

IMF Economists Say Countries Should Address Crypto Demand Drivers Instead of Banning

The International Monetary Fund’s (IMF) economists have cautioned that banning cryptocurrency “may not be effective in the long run.” Instead of outlawing crypto, they suggest countries should address “the drivers of crypto demand, includ...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Bitcoin Lightning company River raises $35M amid ‘new wave of institutional adoption’

“We’re seeing another wave of Bitcoin interest, largely driven by business and institutional adoption,” says Alex Leishman, River CEO. “It’s not fueled by hype.” The t...

Bitcoin News / Bitcoin Magazine - 2 years ago

Bitcoin Financial Services Provider River Announces $35 Million Series B Fundraising Round

Bitcoin technology and financial services company, River, has announced a successful $35 million equity round in its Series B fundraising effort. Led by Kingsway Capital, the round also saw participation from notable investors such as Peter Thiel, Cy...

Cryptocoins News / Blockchain  - 2 years ago

FDIC Orders Self-Correction from Cross River Bank

The FDIC has asked Cross River Bank to correct and address issues in its lending activities. A consent order executed in March alleged that the bank had engaged in "unsafe" banking practices regarding compliance with fair lending laws and regulations...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

FDIC alleges Cross River engaged in 'unsafe' lending practices

Cross River Bank is yet to confirm or deny the allegations that it “engaged in the unsafe or unsound banking practices” related to its lending activity in 2021. The Fe...

Cryptocoins News / EthereumWorldNews - 2 years ago

Crypto-Friendly Cross River Bank Is In The FDIC’s Crosshairs

The Federal Deposit Insurance Corp has issued a consent order to Cross River Bank.& The order directed the crypto-friendly bank to take corrective action and address its unsafe banking practices.& The FDIC issued the order on March 8 but it...