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blockonomi.com Thiel-Backed Erebor Gets Green Light to Launch US Bank for Startups

TLDR Erebor has received preliminary approval from US regulators to operate as a national bank. Billionaire investor Peter Thiel and targets innovation-driven sectors back the company. Erebor aims to serve startups in cryptocurrency, artificial intelligence and advanced technology. The Office of the Comptroller of the Currency confirmed the issuance of a conditional banking charter. Erebor [...] The post Thiel-Backed Erebor Gets Green Light to Launch US Bank for Startups appeared first on Blockonomi.

news.bitcoin.com Binance Unleashes $400M Market Rescue With Instant Relief for Liquidated Traders

Binance has unleashed a $400 million lifeline to stabilize the crypto market, launching an aggressive relief and liquidity campaign designed to restore confidence after brutal sell-offs battered retail and institutional investors alike. Binance Unveils $400 Million Crypto Market Recovery Initiative Crypto exchange Binance announced on Oct. 14 a $400 million recovery effort aimed at reviving […]