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Senators grill federal officials over lack of oversight into SVB, Signature Bank collapse

In a closely watched Senate hearing held on Mar 28, regarding the collapse of crypto-friendly banks Silicon Valley Bank (SVB) and Signature Bank, William Barr, a top official at the US Federal Reserve, acknowledged the potential benefits of testing for higher rates and expressed his plans to broaden the scope of future tests. дальше »

2023-3-29 23:39


Signature Bank Buyers Have To Give Up All Crypto Businesses, Says FDIC

Amid the instability in the US banking sector, the United States Federal Deposit Insurance Corporation (FDIC) has reportedly now made a decision against the crypto industry. According to a report published on Wednesday evening, potential buyers of the crypto-friendly Signature bank can now submit their bids but with a major condition.  The report said buyers of […] дальше »

2023-3-17 22:30


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Clara Medalie: Bitcoin and Nasdaq’s correlation is at its lowest since FTX collapse

Clara Medalie, director of research at digital assets data provider Kaiko, says Bitcoin (BTC/USD) is currently showing the least correlation with Nasdaq. Medalie shared her market outlook during an interview with CNBC, where she highlighted Bitcoin’s latest rally in the aftermath of major shockwaves in the banking sector as crypto-friendly banks Silvergate Bank, Silicon Valley […] The post Clara Medalie: Bitcoin and Nasdaq’s correlation is at its lowest since FTX collapse appeared first on Invezz. дальше »

2023-3-17 18:53


Silvergate Bites The Dust, Down 35% As Crypto-Friendly Bank Ceases Operations

Silvergate Capital Corporation, the holding company for crypto-friendly Silvergate Bank, announced on Wednesday its decision to cease operations and voluntarily liquidate its bank.   Shares of Silvergate (SI) have taken a significant hit, trading down over 35% on the Nasdaq in the last seven days, in light of the recent regulatory approach by authorities to the industry. дальше »

2023-3-9 02:03


White House ‘aware of’ stressed crypto friendly bank Silvergate, says press secretary Karine Jean-Pierre

On March 6, White House Press Secretary Karine Jean-Pierre was pressed on whether the President was monitoring the evolving situation around the stressed crypto-friendly bank Silvergate. The post White House ‘aware of’ stressed crypto friendly bank Silvergate, says press secretary Karine Jean-Pierre appeared first on CryptoSlate. дальше »

2023-3-7 00:50