Palmer Luckey and Peter Thiel Back New Bank Erebor to Fill Gap Left by Silicon Valley Bank
A group of tech billionaires, led by Palmer Luckey, co-founder of military contractor Anduril, is preparing to launch a new bank named Erebor, aimed at filling the gap left by Silicon Valley Bank (SVB) for start-ups, inc...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Ripple Brings RLUSD to Cross River Bank as Garlinghouse Backs Evernorth’s XRP Strategy
Announced on October 15, the Cross River partnership integrates Ripple USD (RLUSD) into the bank’s proprietary Core Operating Syst...
Coinbase crypto-backed loans hit $2.3 billion as banks build tokenized deposits
Coinbase's crypto-backed loans and banks' tokenized deposits signal a shift towards blockchain integration in traditional finance...
BFFS26 Denver: Joseph Kelly on Bitcoin Custody and Credit; Alan Lane on Banking Lessons
Bitcoin Magazine BFFS26 Denver: Joseph Kelly on Bitcoin Custody and Credit; Alan Lane on Banking Lessons The Bitcoin for Financial...
Orbs – DeFi’s Next Big Users Are Banks and Bots
Why you should listen Ran came to crypto the way many lawyers of his generation did. In 2015 a university friend and future Orbs c...
OKX Marketing Chief Haider Rafique Steps Back After Seven Years at Crypto Exchange
Key Takeaways: After nearly seven years at OKX, Haider Rafique has decided to step aside due to family and various personal reason...
Deutsche Bank To Debut Bitcoin Custody Within Weeks: Report
Bitcoin Magazine Deutsche Bank To Debut Bitcoin Custody Within Weeks: Report German multinational Deutsche Bank is just weeks away...