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21 mentions found


☆ Factbox: Silvergate crisis: Crypto industry majors drop embattled lender
  + stars: | 2023-03-06 | by ( ) www.reuters.com   time to read: +3 min
La Jolla, California-based Silvergate, one of the most influential banks in the digital asset industry, also said it has made a "risk-based decision" to discontinue the Silvergate Exchange Network that enabled crypto payments. loadingCoinbase Global (COIN.O):The crypto exchange said it was no longer accepting or initiating payments to or from Silvergate. loadingCrypto.com:A spokesperson for the crypto exchange said in an emailed statement to Reuters it was temporarily suspending USD deposits and withdrawals via Silvergate out of caution. Gemini:The crypto firm said on Twitter it has stopped accepting customer deposits/processing withdrawals via automated clearing house (ACH) and wire transfers through Silvergate on the Gemini exchange. loadingCboe Clear Digital:The company said it would be pausing all transactions with Silvergate Bank at this time until further notice.
☆ Crypto stocks fall as Silvergate crisis deepens
  + stars: | 2023-03-06 | by ( ) www.reuters.com   time to read: +1 min
March 6 (Reuters) - Shares of cryptocurrency-related companies fell in premarket trading on Monday after Silvergate Capital Corp (SI.N) pulled the plug on its crypto payments network, following its doubts about keeping its business viable. The digital assets-focused bank said late on Friday that effective immediately it had made a "risk-based decision" to discontinue the Silvergate Exchange Network (SEN). Shares of the La Jolla, California-based bank were down more than 4% in premarket trading, while crypto lending peer Signature Bank (SBNY.O) fell 3%. Crypto exchange Coinbase Global (COIN.O) and BTC mining machine maker Ebang International were both down about 1% each. "The crypto market reacted to the negative news from Silvergate Bank, with both Bitcoin and Ethereum down ~4.8% for the week," analysts at brokerage Bernstein said in an industry note.
☆ Moody's downgrades Silvergate's rating after going concern warning
  + stars: | 2023-03-03 | by ( ) www.reuters.com   time to read: +1 min
March 3 (Reuters) - Global ratings agency Moody's downgraded Silvergate Capital Corp's (SI.N) deposit rating to 'Caa1' from 'Ba3' on Friday, after the crypto-focused bank raised going concern doubts earlier this week. Cryptocurrency heavyweights including Coinbase Global Inc (COIN.O) and Galaxy Digital have subsequently dropped Silvergate as their banking partner. Moody's said the Silvergate rating change reflects its "expectation that the company will continue to experience further declines in deposits, forcing it to continue selling securities, potentially at further losses." The bank's ratings were also placed on review for downgrade, Moody's said. Reporting by Eva Mathews in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.
☆ Crypto exchange Coinbase stops initiating payments to or from Silvergate
  + stars: | 2023-03-02 | by ( ) www.reuters.com   time to read: +1 min
March 2 (Reuters) - Cryptocurrency exchange Coinbase Global Inc (COIN.O) said on Thursday it was no longer accepting or initiating payments to or from Silvergate Capital Corp (SI.N) after the lender warned it was evaluating its ability to operate as a going concern. Shares of Silvergate extended their losses after the announcement from Coinbase. The exchange also said it had minimal exposure to Silvergate. It was also evaluating the impact of these events on "its ability to continue as a going concern," it said. La Jolla, California-based Silvergate reported a $1 billion loss for the fourth quarter as investors raced to withdraw deposits in the wake of crypto exchange FTX's bankruptcy.
☆ A woman who thought she could work remotely bought a house 1,000 miles from home. Now she's been called back to the office.
  + stars: | 2023-02-03 | by ( Jordan Pandy | ) www.businessinsider.com   time to read: +4 min
Jamie Sexton, 44, bought a house in Oregon when she didn't think she could afford San Diego prices. Sexton was told she could work remotely but is now being asked to return to her California office. She was paying $4,000 a month to rent a two-bedroom home in La Jolla, a coastal suburb 20 minutes north of downtown San Diego. She didn't think she could afford to buy in San Diego, where homes cost $900,000. Did you buy a home with remote work in mind, and have since been called back to the office?
☆ Silvergate pressed by senators after 'evasive' responses on FTX - Bloomberg Law
  + stars: | 2023-01-31 | by ( ) www.reuters.com   time to read: +1 min
Jan 31 (Reuters) - U.S. senators have asked cryptocurrency-focused bank Silvergate Capital Corp (SI.N) if it knew about bankrupt exchange FTX's alleged misuse of customer funds after the lawmakers found the company's earlier responses "evasive", Bloomberg Law reported on Tuesday. The questions were asked in a letter sent to the bank by senators including Democrat Elizabeth Warren and Republicans Roger Marshall and John Kennedy, who questioned Silvergate about its ties to FTX, the report said. They said Silvergate in December had declined to fully answer related questions, citing restrictions on disclosing "confidential supervisory information", the report added. Earlier this month, Silvergate slashed its headcount by 40% and reported a net loss of $1 billion for the fourth quarter. Reporting by Niket Nishant in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.
☆ Silvergate Capital reports net loss of $1 billion for the fourth quarter
  + stars: | 2023-01-17 | by ( Hannah Lang | ) www.reuters.com   time to read: +2 min
Jan 17 (Reuters) - Silvergate Capital Corp (SI.N) reported a net loss of $1 billion in the fourth quarter, after reporting earlier this month that investors spooked by the collapse of crypto exchange FTX pulled out more than $8 billion in deposits in the last three months of 2022. The company sold $5.2 billion of debt securities at a loss of $718 million in the fourth quarter to maintain liquidity. The bank said it would take an impairment charge of $196 million in the fourth quarter on assets purchased for the payment solution venture. Founded in 1988, Silvergate ventured into crypto in 2013. Company filings show that the bank received $4.3 billion in advances from the Federal Home Loan Bank of San Francisco in the fourth quarter.
☆ The CDC is considering testing airline poop and toilet waste for COVID-19 as anxieties rise about China's virus spread
  + stars: | 2022-12-31 | by ( Bethany Dawson | ) www.businessinsider.com   time to read: +2 min
The US is considering testing airline wastewater for COVID-19 to track the virus. Wastewater tests showed the presence of COVID-19 variants up to two weeks before people tested positive using nasal swabs. Three infectious disease experts told Reuters that testing wastewater collected on airplanes would be more effective at tracking the virus than testing travelers on entry. According to the South China Morning Post, the Malaysian government has announced that they will start screening toilet water on flights from China to track the virus. They will not, however, be testing travelers upon arrival to Malaysia.
☆ U.S. considers airline wastewater testing as Covid surges in China
  + stars: | 2022-12-30 | by ( ) www.cnbc.com   time to read: +4 min
The United States this week also expanded its voluntary genomic sequencing program at airports, adding Seattle and Los Angeles to the program. "Previous Covid-19 wastewater surveillance has shown to be a valuable tool and airplane wastewater surveillance could potentially be an option," she wrote. French researchers reported in July that airplane wastewater tests showed requiring negative Covid tests before international flights does not protect countries from the spread of new variants. They found the omicron variant in wastewater from two commercial airplanes that flew from Ethiopia to France in December 2021 even though passengers had been required to take Covid tests before boarding. Osterholm and others said mandatory testing before travel to the United States is unlikely to keep new variants out of the country.
☆ Exclusive: U.S. considers airline wastewater testing as COVID surges in China
  + stars: | 2022-12-30 | by ( Julie Steenhuysen Nancy Lapid | Julie Steenhuysen | Nancy Lapid | ) www.reuters.com   time to read: +4 min
The United States this week also expanded its voluntary genomic sequencing program at airports, adding Seattle and Los Angeles to the program. "Previous COVID-19 wastewater surveillance has shown to be a valuable tool and airplane wastewater surveillance could potentially be an option," she wrote. French researchers reported in July that airplane wastewater tests showed requiring negative COVID tests before international flights does not protect countries from the spread of new variants. They found the Omicron variant in wastewater from two commercial airplanes that flew from Ethiopia to France in December 2021 even though passengers had been required to take COVID tests before boarding. Osterholm and others said mandatory testing before travel to the United States is unlikely to keep new variants out of the country.
☆ Regular homebuyers feel they struggle to compete with investors who turn properties into Airbnbs and Vrbos. Government officials are trying to change that.
  + stars: | 2022-12-07 | by ( Robert Davis | ) www.businessinsider.com   time to read: +6 min
Atlanta lawmakers want short-term rentals to be licensed and to fine owners who violate city laws. In some cities, government officials are trying to regulate the number of short-term rentals that investors can purchase. The debate over short-term rentals in Atlanta is emblematic of similar debates in other cities. For instance, voters in Colorado towns like Dillon, Aspen, and Steamboat Springs this year approved measures to tax short-term rentals to help regular homebuyers afford homes. There are more than 1,300 short-term rentals in Joshua Tree, according to AirDNA, compared with a population of 7,700.
☆ How the smart money got fooled by Sam Bankman-Fried: Here's what happened to 2 hedge funds and a trader.
  + stars: | 2022-11-14 | by ( Dakin Campbell | ) www.businessinsider.com   time to read: +8 min
3 traders tell what drew them to FTX and how they now have money stuck inside it. Wintermute, a large crypto trading firm, stopped trading on FTX, but still had some funds stuck on the US exchange, CoinDesk reported. The three traders who spoke to Insider all acknowledged having some amount of money stuck inside FTX, despite some pretty sophisticated risk management strategies. FTX's collapse was precipitated when FTX sent billions of dollars to Alameda to cover losses, The Wall Street Journal reported. Bankman-Fried may now face charges for wire fraud, the Wall Street Journal reported this week after talking with securities lawyers about how the US laws might apply.
☆ Factbox: What are the new BQ.1 and BQ.1.1 coronavirus variants, and why it matters
  + stars: | 2022-11-04 | by ( Julie Steenhuysen | ) www.reuters.com   time to read: +3 min
The following describes the new coronavirus subvariants and how they may impact people. WHAT ARE BQ.1 AND BQ.1.1? In early July, BA.5 became the dominant subvariant of the coronavirus circulating in the United States, but in October it started giving way to BQ.1 and BQ.1.1. A study of blood from three dozen adults showed the shot increased neutralizing antibodies against the BA.4/BA.5 Omicron subvariants by fourfold compared with the original shot after one month. read moreIt is not yet clear whether that will translate into higher protection against the BQ.1 and BQ.1.1 subvariants, but their close relationship to BA.5 may work in the booster's favor.
☆ ‘Alexis Smith: The American Way’ Review: Southern California Collage
  + stars: | 2022-10-15 | by ( Peter Plagens | ) www.wsj.com   time to read: 1 min
La Jolla , Calif.Alexis Smith is not quite a feminist artist, not quite a conceptualist, not quite an installation artist, not always an ironist, and in the beginning she wasn’t even Alexis Smith. In her art, however, Ms. Smith is at times all of those things. Collage—intimate and mural-sized—is her metier, and her sensibility is more literary than plastic. One could easily get the idea from the 50 works on view in “Alexis Smith: The American Way” at the Museum of Contemporary Art San Diego in La Jolla that the artist has read most of the Great Books of the Western World and seen almost every movie and stage musical ever made. This is slyly accomplished by—to describe a typical Smith collage—a small pictorial souvenir from popular culture coupled with a few typewritten words from, for example, a Raymond Chandler L.A. detective novel.
☆ Fake billionaire fugitive Justin Costello had gold bars, $60K in cash, Mexican pesos and phony ID when FBI nabbed him
  + stars: | 2022-10-11 | by ( Dan Mangan | ) www.cnbc.com   time to read: +4 min
An FBI SWAT team caught the fugitive, Justin Costello, in a remote area near San Diego on Oct. 4. He was carrying a backpack loaded with six one-ounce gold bars worth $12,000, U.S. currency worth $60,000, another $10,000 in Mexican pesos and banking cards and checkbooks, prosecutors said in a court filing. Cash and gold bars as detailed in court filing in US District court in San Diego in case of former fugitive Justin Costello. Instead, he "became a fugitive," prosecutors wrote. When agents arrested him, Costello "stated he was surprised agents had found him because he turned his phone off."
☆ Studiu: COVID-19 ar putea fi o afecţiune vasculară şi nu una respiratorie
  + stars: | 2021-05-06 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md   time to read: +5 min
Potrivit cercătătorilor, COVID-19 nu ar fi o afecţiune a aparatului respirator, ci a celui vascular. Proteina S a virusului, „vârful” care alcătuieşte coroana, atacă receptorul ACE2, deteriorând mitocondriile, care generează energia celulelor, iar acest lucru provoacă leziuni endoteliului, care acoperă vasele de sânge. „Multe persoane cred că este o afecţiune respiratorie, dar în realitate este o afecţiune vasculară”, spune profesorul Uri Manor, co-autorul studiului. De fapt, chiar de la începutul pandemiei, aceasta a reprezentat o problemă reală a secţiilor de terapie intensivă. Pentru profesorul Mendiluce, aceast studiu nu pune în discuţie vaccinurile deja existente, chiar dacă e necesar să se înţeleagă de ce Astra-Zeneca şi Johnson&Johnson au provocat câteva cazuri de trombi în sânge.
Persons: Uri Manor, Rafael Manez Mendiluce, Johnson, Manor Organizations: Universitatea San, Astra Locations: Universitatea San Diego, California, Jolla, Bellvitge
☆ Imunitatea la coronavirus poate dura câțiva ani, arată rezultatele unui nou studiu — Moldova.org
  + stars: | 2020-11-18 | by ( Georgeta Carasiucenco | Eugenia Wetz | Diana Preașcă | ) www.moldova.org   time to read: +3 min
Mai mult, este cel mai cuprinzător și mai îndelungat studiu al memoriei imune la coronavirus până în prezent. La opt luni de la infecție, majoritatea persoanelor care și-au revenit, au încă suficiente celule imune pentru a evita virusul și a preveni bolile, arată noile date. Ideea a fost de a construi o imagine a răspunsului imun în timp. Îngrijorările cu privire la cât de mult persistă imunitatea la coronavirus au fost declanșate în principal de cercetarea acelor viruși care cauzează răceli comune. Până acum, cel puțin, a remarcat el, reinfectările cu coronavirus par a fi rare.
Persons: Jennifer Gommerman, Dr, Alessandro Sette, Jeffrey Shaman, . Shaman Organizations: NY Times, Universitatea din, Columbia University Locations: NY, Universitatea din Toronto, Jolla
☆ Cercetătorii anunţă un nou test pentru detectarea imunităţii la Covid-19
  + stars: | 2020-11-12 | by ( ) unica.md   time to read: +1 min
Oamenii de știinţă anunță un nou test pentru detectarea imunității la coronavirus. Dacă este autorizat, poate fi primul produs care detectează răspunsul unei celule T.Un nou tip de test poate discerne mai bine imunitatea unei persoane la coronavirus. Oamenii de ştiinţă cred că celulele T pot fi la fel de importante în prevenirea reinfectării. Mai multe studii au sugerat că celulele T care îşi amintesc de virus persistă cel puţin şase luni în organism. „Ceea ce dezvoltăm este, în esenţă, un mod de a privi acea parte celulară a imunităţii”, a spus dr. Lance Baldo, ofiţer medical şef al Biotehnologiilor Adaptive.
Persons: Lance Baldo, Alessandro Sette Locations: coronavirus, Jolla, California
☆ Oamenii de ştiinţă anunţă un nou test pentru detectarea imunităţii la coronavirus
  + stars: | 2020-11-12 | by ( ) tvrmoldova.md   time to read: +1 min
Oamenii de ştiinţă anunţă un nou test pentru detectarea imunităţii la coronavirus. Noul tip de test poate discerne mai bine imunitatea la coronavirus. Un nou tip de test poate discerne mai bine imunitatea unei persoane la coronavirus. Oamenii de ştiinţă cred că celulele T pot fi la fel de importante în prevenirea reinfectării. „Ceea ce dezvoltăm este, în esenţă, un mod de a privi acea parte celulară a imunităţii”, a spus dr. Lance Baldo, ofiţer medical şef al Biotehnologiilor Adaptive.
Persons: Lance Baldo, Alessandro Sette Locations: coronavirus, Jolla, California
☆ 20 best nude beaches around the world
  + stars: | 2018-05-24 | by ( Joe Yogerst | ) edition.cnn.com   time to read: +16 min
Meanwhile, there are more places than ever to sun, swim or build sandcastles au naturel at clothing-optional beaches on every continent. One of the spin-offs of the socially and sexually liberal 1960s was a “free beach” movement that saw a proliferation of nude beaches around the world. Here are 15 of the best nude beaches around the world:Playa Naturista Chihuahua, UruguayLocated about a 30-minute drive from Punta del Este, Uruguay’s best-known nude beach overlooks Portezuelo Bay on the Atlantic coast. Playa Naturista Chihuahua, Avenida Las Amarras, 20003 Chihuahua, UruguayNida Nude Beach, LithuaniaThe chilly Baltic Sea may not seem like the most obvious place to skinny dip. Platja des Cavallet, 07818, Balearic Islands, SpainLittle Beach, Maui, HawaiiLittle Beach -- a clothing-optional beach in Maui's Makena State Park.
☆ The Tucker Carlson origin story
  + stars: | 1998-01-28 | by ( Aaron Short | ) www.businessinsider.com   time to read: +57 min
Tucker Carlson is remembered as a provocateur and gleeful contrarian by those who knew him in his early days. It was Tucker Carlson. (Note on style: Tucker Carlson and the members of his family are referred to here by their first names to avoid confusion.) In 1979, Richard Carlson married Patricia Swanson, heiress to the Swanson frozen foods empire that perfected the frozen Salisbury steak for hassle-free dinners. Tucker Carlson attended St. George’s School, a boarding school starting at age 14.
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