#river

8:55am, 16th May, 2023

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.”

FDIC alleges Cross River engaged in 'unsafe' lending practices

8:33pm, 29th April, 2023

Crypto Wiki

FDIC alleges Cross River engaged in 'unsafe' lending practices

Cross River is yet to admit nor deny the allegations that it “engaged in the unsafe or unsound banking practices” related to its lending activity in 2021.

Coinbase announces acquisition of One River Digital Asset Management

10:39am, 3rd March, 2023

Crypto Wiki

Coinbase announces acquisition of One River Digital Asset Management

As part of the acquisition, Coinbase said One River Digital’s team would join the exchange and CEO Eric Peters would stay to lead the firm under the name Coinbase Asset Management.

One River's spot Bitcoin ETF application rejected by SEC

2:57pm, 27th May, 2022

Crypto Wiki

One River's spot Bitcoin ETF application rejected by SEC

The proposed environmentally conscious spot ETF was found to be insufficiently protected against fraud and manipulation, like many ETF proposals before it.