2023-3-11 09:17 |
Rep. Maxine Waters convened meetings with federal bank regulators in the wake of the bank's collapse.
Similar to Notcoin - Blum - Airdrops In 2024
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As investigations into Silvergate Banks ramp up, discoveries alongside the blame game from different sources come to light. At a Senate Banking Committee hearing on May 16, Scott Shay, a former executive of Silvergate Bank, gave his statement on the facts leading to the bank’s collapse.
2023-5-21 19:32 | |
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United States President Joe Biden said on Twitter that he is “firmly committed” to holding those responsible for the Silicon Valley Bank and Signature Bank collapse “fully accountable.”
2023-3-13 07:57 | |
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The two biggest cryptocurrency exchanges, Binance and Coinbase, have revealed that they would temporarily suspend USDC conversions on their platforms. This comes in the aftermath of the collapse of US lender Silicon Valley Bank and concerns about its effect on USDC.
2023-3-11 16:20 | |
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What we know so far about the SVB collapse and USDC/DAI depeg (updated): Crypto firm Circle reveals $3.3 billion stuck in SVB DAI/USDC depeg as stablecoin pressure continues after Silicon Valley bank collapse Binance suspended USDC conversions due to volatile market conditions Coinbase suspended USDC conversions “over the weekend while banks are closed” SVB contagion: […] The post USDC depeg – Everything we know so far as contagion spreads from TradFi banking appeared first on CryptoSlate.
2023-3-11 16:10 | |
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2023-3-11 14:41 | |
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In its first statement following the collapse of Silicon Valley Bank, Circle declined to state how much cash it has tied up at the bank.
2023-3-11 03:05 | |
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Curve's 3pool is supposed to have equal parts USDC, DAI and USDT. The trio are becoming imbalanced amid fallout from Silicon Valley Bank's collapse.
2023-3-11 01:51 | |
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For all the angst this week about how troubles in the crypto industry are fueling a banking crisis, the reality, so far, is actually something else: Of the two banks that went under, the one squarely focused on crypto – Silvergate Capital – escaped the black mark of a federal bailout.
2023-3-11 01:08 | |
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The recent collapse of crypto-friendly bank Silvergate will likely increase regulatory scrutiny on the ties between the crypto industry and the banking sector in the United States.
2023-3-11 22:15 | |
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Cryptocurrency prices plunged to their lowest level in months. This crash happened after the collapse of Silvergate Capital. Silicon Valley Bank’s parent company is at the brisk of collapse.
2023-3-11 15:34 | |
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The collapse of crypto's most visible bank could be an opportunity for stablecoins and other financial services providers.
2023-3-9 21:37 | |
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In another shocking twist that has dealt a severe blow to the price of bitcoin, crypto-friendly bank Silvergate announced that it would be winding down operations as the contagion from the FTX collapse spreads.
2023-3-10 16:30 | |
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Silvergate shares fell sharply after news the crypto-friendly bank would be winding down operations. The company says it will issue full repayments of all customer deposits. Silvergate has been in trouble since late 2022 following the collapse of crypto exchange FTX.
2023-3-9 16:26 | |
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Silvergate Bank had a really rough week, to the point where a not-insignificant number of people were waiting for the Federal Deposit Insurance Corporation (FDIC) to announce the bank had entered receivership after close of business Friday.
2023-3-8 02:52 | |
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Kraken says the crypto bank is on track for launch. The crypto exchange will initially offer the Kraken Bank services to customers in the US. The launch of a new crypto-friendly bank comes at a time the crypto bank Silvergate continues to falter after the collapse of FTX.
2023-3-7 17:00 | |
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Coinbase (NASDAQ: COIN) has announced it is discontinuing its business relationship with Silvergate (NYSE: SI), a crypto-friendly bank that is looking increasingly in trouble following the crypto winter and the collapse of FTX.
2023-3-6 20:31 | |
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The crypto market continues to lurch from the recent Silvergate crisis. Most recently, the crypto-focused bank, Silvergate, had delayed filing its annual 10-K report with the Securities and Exchange Commission (SEC), which has aggravated its downfall, which was previously precipitated by the collapse of FTX last year.
2023-3-3 15:30 | |
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Silvergate is reportedly facing an investigation from the United States Department of Justice over its alleged role in the FTX collapse, involving Sam Bankman-Fried's account.
2023-3-3 23:13 | |
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Silvergate Bank is still suffering from the aftermath of the FTX collapse; it admitted to the SEC yesterday that it was uncertain about its ability to continue operating. Silvergates Insolvency...
2023-3-2 19:56 | |
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New York-based Signature Bank is facing a lawsuit filed by Statistica Capital, an investment firm that believes the former was involved in FTX’s collapse. Signature Bank has been accused of partaking in the FTX fraud that was discovered last year.…
2023-2-7 13:27 | |
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Crypto-friendly bank Silvergate announced its suspended payment of dividends on its series A preferred stock. The company’s shares fell more than 11% pre-market after the announcement. Silvergate reported a $1 billion loss in the fourth quarter and also cut its staff by 20% amid the crypto bear market and impact of FTX collapse.
2023-1-27 18:54 | |
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Former governor of the Indian central bank Raghuram Rajan said that the collapse in crypto prices last year suggests that the industry has received its deserved fate, according to Reuters. The post Ex-India RBI chief says crypto price collapse will unlock ‘true value’ of crypto appeared first on CryptoSlate.
2023-1-19 10:50 | |
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Economist Eswar Prasad warned that a bank run on Stablecoins could fallout into the United States bond markets if issuers sell United States Treasurys to honor redemptions. The post Stablecoin collapse could impact U.
2023-1-15 22:30 | |
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To ban, to contain, to regulate: Three approaches suggested by BIS to prevent 2022 collapse from happening again
2023-1-15 16:14 | |
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Silvergate Bank received $4. 3 billion from the San Francisco-based Federal Home Loan Bank last year, following the collapse of crypto exchange FTX, according to the firm’s Q4, 2022 flings. The post Silvergate received a $4.
2023-1-12 22:20 | |
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The collapse of FTX sparked a bank run on Silvergate, forcing the financial institution to sell assets at a steep loss to cover some $8.1 billion in withdrawals.
2023-1-6 16:13 | |
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Cryptocurrency exchange Coinbase (COIN) stock has been downgraded by analysts of investment bank Cowen, citing the ongoing fallout from the collapse of FTX.
2023-1-5 15:17 | |
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Cryptocurrency exchange Coinbase (COIN) stock has been downgraded by analysts of investment bank Cowen, citing the ongoing fallout from the collapse of FTX.
2023-1-6 15:17 | |
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Зампредседателя Совбеза РФ Дмитрий Медведев решил внести «скромный вклад» в собрание гипотез в преддверии 2023 года и представил свои прогнозы на грядущий год. 10. The Bretton Woods system of monetary management will collapse, leading to the IMF and World Bank crash.
2022-12-29 13:53 | |
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Silvergate, a crypto-friendly bank based in San Diego, becomes the latest victim of the crypto downfall. The company released a public statement pleading to have been exposed to the FTX debacle. Silvergate falls victim to FTX collapse Silvergate bank has…
2022-12-14 00:02 | |
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The largest crypto exchange in the world, Binance has experienced the most significant Bitcoin withdrawal in its history, per recent data. The company might face a bank run as crypto investors’ confidence continues to decline following the collapse of trading venue FTX and a U.
2022-12-14 21:57 | |
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Signature Bank (SBNY) has announced it will lower its crypto-linked deposits by $8-10 billion, given the uncertain market conditions in the crypto space after the collapse of FTX.
2022-12-9 12:23 | |
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Already down more than 50% over the past month, the bank’s shares are lower by another 3% in premarket action Monday morning.
2022-12-6 17:06 | |
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SBF claims to be down to a hundred thousand dollars, with almost all of his wealth wiped out with FTX's collapse The former CEO also expressed that there could have been a 50-50 chance for FTX The post SBF claims to have only thousands of dollars left in bank after FTX's collapse appeared first on AMBCrypto.
2022-11-30 04:15 | |
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Crypto derivatives trading is likely to shift to regulated venues, and the Chicago Mercantile Exchange is expected to emerge as a winner, the bank said.
2022-11-28 15:51 | |
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Several major traditional banks with varying degrees of crypto exposure now find themselves unsure of their next move in the wake of the FTX collapse. The post Silvergate, Provident Bancorp, and Signature Bank Got Burned Playing With Crypto appeared first on BeInCrypto.
2022-11-23 22:00 | |
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2022-11-23 19:06 | |
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The Attorney's Office of the Southern District of New York was investigating FTX months before its collapse The investigation was related to United States Bank Secrecy Act The most infamous The post FTX was under US prosecutors radar before collapse appeared first on AMBCrypto.
2022-11-22 01:25 | |
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Bank of England’s (BoE) Deputy Governor for Financial Stability Jon Cunliffe published a speech on November 21, where he said that the FTX collapse was triggered by an run and that the crypto space should be brought under regulation to offer stability.
2022-11-22 17:45 | |
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Traders seem to be anticipating Silvergate could be significantly affected by the collapse of FTX.
2022-11-18 20:31 | |
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Genesis Global Capital, the crypto lending unit for crypto investment bank Genesis Trading has decided to halt withdrawals in the wake of the FTX collapse. On Wednesday morning, Genesis held a 7-minute call with customers informing them that withdrawal requests for Genesis Capital had exceeded their liquidity capital.
2022-11-17 12:21 | |
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The biggest news in the cryptoverse for November 14 includes Crypto dot com CEO saying his exchange accidentally transferred 320,000 ETH to Gate. io; Kraken, Coinbase, and Gate. io publishing full proof-of-reserves with liabilities, and Binance launching a recovery fund for strong projects caught up in the FTX collapse.
2022-11-15 01:51 | |
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In cryptocurrency news today, crypto bank Nuri, which filed for temporary insolvency in August after a tough year made worse by the collapse of one its business partners and the failure to get an acquirer, is shutting down.
2022-10-19 14:59 | |
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Bitcoin is holding steady amid rumors of a banking collapse, trading between $18,900 and $20,200 over the past three days. The post Bitcoin stable as Credit Suisse, Deutsche Bank rumored to be on verge of collapse appeared first on CryptoSlate.
2022-10-4 15:15 | |
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The Monetary Authority of Singapore (MAS) has instructed certain crypto firms to submit data concerning their business activities. The Central Bank is supposedly going to make certain amendments to the present crypto regulation policies after the collapse of crypto-hedge fund Three Arrows Capital, Terraform Labs and even Vauld.
2022-8-27 07:00 | |
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The Central Bank of Sri Lanka (CBSL) reiterated its anti-crypto stance in a new notice dated July 12. It confirmed that no entities are authorized to carry out digital asset activities, warning that users have no protection should they fall victim to “various types of VC [virtual currency] schemes.
2022-7-13 13:35 | |
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The Bank of England deputy governor said the recent crypto collapse does not mean crypto is ‘over,’ and regulators should accelerate rulemaking.
2022-7-12 15:25 | |
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Jon Cunliffe, Deputy Governor of Bank of England (BoE) for Financial Stability, posits an imminent emergence of institutional investors with the commercial might of e-commerce giants Amazon and eBay from the rumbles of the current crypto collapse.
2022-6-29 16:31 | |
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Did Celsius set off the domino effect? Almost a month ago, The Block Crypto reported that Celsius pulled at least $500M from the Anchor protocol before the collapse. Two weeks ago, blockchain analytics firm Nansen identified Celsius among the seven big wallets that allegedly triggered the bank run on Anchor.
2022-6-9 14:18 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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The Crypto Council for Innovation (CCI) is taking in the Proof of Stake Alliance (POSA) as regulators worldwide increase their attention to stakings' role in digital assets, where hundreds of billions of dollars are on the line.
AgriDex is an example of how stablecoins are being increasingly used as a payment vehicle in emerging regions as a cheaper alternative for traditional banking rails.
Sazmining launches a bitcoin (BTC) mine in Norway that will heat a building, aiming to demonstrate sustainable mining benefits despite past regulatory concerns.
The project is spinning out of Solana Labs and its new leaders want to turn a profit.
The Labs partners include trading firm DWF Labs and the Floki, BNB Chain’s largest memecoin by market capitalization.
The token will be available on both Ethereum and OP Mainnet.
The three projects' tokens will consolidate into Singularity Finance (SFI).