Is Cross River Bank next after SVB?

More: Babel Finance is restructuring and Grab Malaysia partners with the government to issue vocational licenses. [Read from your browser]( Daily Newsletter --------------------------------------------------------------- Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](. --------------------------------------------------------------- IN FOCUS In today's newsletter, we look at: - [Whether Cross River Bank will be the next to fall]( - An exciting partnership between a greentech firm and an energy company in Taiwan - The most active investors in Southeast Asia's startups - Other newsy highlights such as Babel Finance’s restructuring and Grab Malaysia’s partnership with the government to issue vocational licenses --------------------------------------------------------------- Hello {NAME} I’ve learned a lot of interesting new terms and concepts ever since I joined Tech in Asia. First, I had to navigate the basics of startup terminology: VC, MVP, unicorns, seed money, etc. Then, I started going in on the nitty-gritties with acronyms like ARR, MAU, LTV, CAC, and so on. And then I had to figure out the world of crypto. I’ve learned some interesting things over the last few years, such as what an NFT is, how smart contracts work, and most recently, what shorting means. On that note, today’s premium story talks a bit about shorting. It takes a look at how a provocative short seller is going after a bank and how that could mean it will be the next financial institution to go down. -- Stefanie  --------------------------------------------------------------- THE BIG STORY [Is crypto-friendly Cross River Bank the next to fall?]( Cross River has been marked by short sellers who are now positioning contracts against the bank’s most prominent crypto customer - Coinbase. --------------------------------------------------------------- TRENDING NEWS [Malaysia gov’t, Grab address driver shortage with e-hailing license initiative]( The goal is to boost the number of competent drivers in the public service vehicle segment. [Seedstars executive goes missing on Himalayan mountain]( The family has created an online petition to call for rescue efforts from the Indian and Nepalese governments. [Gogoro to deploy 2,500 battery swap stations in virtual power plant]( The firm, and its partner Enel X, say this is the first commercial deployment of this tech in the world. [Failed crypto firm Babel to officially start in-court restructuring]( According to co-founder Flex Yang, the Singapore court extended the creditor protection for Babel to last until July 21. ---------------------------------------------------------------  LISTICLE OF THE DAY [These are the most active investors in Southeast Asia’s startups]( Which investors are writing the most checks to Southeast Asian startups? ---------------------------------------------------------------  PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. 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