SVB Financial Group Files for Bankruptcy – the Largest Bank Failure Since 2008

SVB Financial Group has filed for Chapter 11 Protection due to the impact of Silicon Valley Bank's collapse. The post SVB Financial Group Files for Bankruptcy – the Largest Bank Failure Since 2008 appeared first on BeInCrypto. дальше »

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Silicon Valley Bank's Former Parent Company Files for Bankruptcy

The company said on Friday it had filed for court-supervised reorganization in the United States Bankruptcy Court for the Southern District of New York to preserve value. дальше »

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Бывший CEO Silicon Valley Bank прячется на Гавайях

На прошлой неделе в Калифорнии был закрыт один из крупнейших банков в США — Silicon Valley Bank. Это спровоцировало панику на фондовом и криптовалютном рынках. Сотрудники и федеральные власти пытаются собрать воедино остатки активов, а в это время экс-CEO организации отдыхает на Гавайях. дальше »

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This US Lawmaker Says Signature Bank Collapse Was Due to Instability in Crypto

Coinspeaker This US Lawmaker Says Signature Bank Collapse Was Due to Instability in Crypto Senator Michael Bennet from Colorado said that Signature Bank didn't make “prudentially sound” decisions while dealing with crypto. дальше »

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Bitcoin miner Marathon reports 58% drop in revenue

Marathon Digital Holdings, as per their Q4 2022 report, saw a decrease of 58% amid 2022's bear market. The firm also disclosed its ties with Silvergate bank which saw it halt their credit lines. дальше »

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Пользователи криптовалют переходят с CEX на DEX и пополняют запасы USDC

Крах FTX привел к аналогичному бегству с централизованных бирж, поскольку пользователи опасались, что могут потерять доступ к средствам во время кризисов. После краха Silicon Valley Bank инвесторы стали нагружать свои сумки монетой USD Coin USDC, наряду с оттоком средств с централизованных бирж (CEX) на децентрализованные биржи (DEX). дальше »

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Janet Yellen Grilled on Bank Failures, Proposes Only Banks With Systemic Risks Get Refunded

Treasury Secretary Janet Yellen assured the markets that the federal government is dedicated to protecting deposits on the back of two bank failures. The post Janet Yellen Grilled on Bank Failures, Proposes Only Banks With Systemic Risks Get Refunded appeared first on BeInCrypto. дальше »

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Резервы биткоин-фондов упали до самого низкого уровня с октября 2021 года

Фондовые рынки пережили сильные потрясения за последние две недели. Самый большой удар по технологическому сектору нанесло крушение трех американских банков, поддерживающих цифровую экономику. Биткоин оказался одним из самых пострадавших от кризиса Silvergate Bank. дальше »

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Crypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash

The collapse of FTX led to a similar exodus from centralized exchanges, as users worried they may lose access to funds during crises. дальше »

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FDIC Denies Report Signature Bank Purchaser Must Divest Crypto

The Federal Deposit Insurance Corporation denied it would require any purchaser of Signature Bank to divest its crypto activities. дальше »

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Is Ether a Security?

Last Thursday morning, I wondered whether I needed to write a follow-up piece about Silvergate Bank. On Thursday evening, I wondered whether my main topic should instead be about ether potentially being a security. And then, obviously, some things happened. дальше »

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Collapse of Silvergate and Silicon Valley Bank represent a challenge for crypto

The fire lit by Silvergate Bank and Silicon Valley Bank will make it harder for crypto to find financial partners.

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US lawmaker suggests Signature’s collapse was tied to instability of crypto

Senator Michael Bennet said crypto was not “even as stable as the marijuana industry,” questioning Signature Bank’s ability to service digital asset firms but not dispensaries. дальше »

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Bitcoin bears could face $440M loss in Friday’s options expiry

The bailout of Silicon Valley Bank provided a significant advantage to BTC bulls on the weekly $1.2 billion BTC options expiry.

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Crypto market largely unaffected by ECB decision to hike rate by 50bps

The crypto market is largely unaffected by the European Central Bank’s latest 50 basis point rate hike, with the flagship cryptocurrency Bitcoin only seeing a minor dip following the announcement. дальше »

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Bitcoin Priced In Bank Shares Is The Crypto Chart You Can’t Miss

Bitcoin price is trading around $25,000, following a meltdown across the banking sector. The first ever cryptocurrency designed to allow individuals to be their own bank, has given banks a run for their money amidst a series of bank runs and collapses across the United States and the globe. дальше »

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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 »

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Banking Giant State Street Cuts Ties With Crypto Custody Firm Copper

State Street and Copper have mutually decided to end their licensing agreement, a spokesman for the bank said. дальше »

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SVB Collapse Tanked NFT Trading Volumes, DappRadar Report Suggests

The day after Silicon Valley Bank collapsed, the number of active NFT traders dropped to its lowest point since November 2021. дальше »

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Bitcoin, stocks seesaw after 0.50% ECB rate hike jolts markets

Bitcoin retested the $25,000 area, while S&P 500 had gained about 1% after plunging on ECB interest rate hike news. The ECB on Thursday surprised with a 50 basis point rate hike. Reports that JPMorgan and Morgan Stanley are looking to help First Republic Bank buoyed stocks. дальше »

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FDIC insists buyer of Signature Bank drop crypto operations

The federal deposit insurance corporation (FDIC) has demanded that the prospective buyer of New York-based Signature Bank relinquish all cryptocurrency operations. дальше »

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SVB parent company reportedly considering bankruptcy

SVB Financial Group, the parent company of troubled U.S. lender Silicon Valley Bank (SVB), is looking for ways to sell off its assets and is considering entering bankruptcy protection. дальше »

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Grow Bank Merges Crypto And Fiat Currencies in New Swiss Venture

While cryptocurrency gains mainstream adoption across sectors, some traditional financial institutions are beginning to accept it. A recent report revealed that a new Zurich-based fintech, Grow Bank, plans to integrate crypto and fiat currency into its services. дальше »

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USDC Survives Silicon Valley Bank Collapse and Clears Backlog

Circle, the issuer of USDC, announced that they had cleared all the backlog of minting and redemption. The stablecoin got depegged over the weekend. The post USDC Survives Silicon Valley Bank Collapse and Clears Backlog appeared first on BeInCrypto. дальше »

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9 key metrics to analyze the health of a bank

Discover nine crucial metrics to analyze bank health: equity, ROA, ROE, NPLs, CAR and more.

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В Morgan Stanley заявили, что биткоин испытывает негативное влияние от проблем с банками США

Банковский сектор США продолжает лихорадить. Банк Morgan Stanley полагает, что связь биткоин-сферы с классическими банкам США играет в минус криптовалюте №1. Напомним, что за последние дни с банковского сегмента ушли три банка, Silvergate Capital, Silicon Valley Bank и Signature Bank, в которых держали счета несколько тысяч компаний, работающих в сфере криптовалют. ФРС США и Минфин […] дальше »

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Stop Blaming Crypto for Traditional Finance Failures

After the recent collapse of three banks – Silicon Valley Bank, Silvergate Bank and Signature Bank – many pointed fingers at crypto as the cause. But crypto may actually be the solution, not the problem. дальше »

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India and UAE work towards joint CBDC

In a significant move towards fostering innovation in the financial sector, the Central Bank of the United Arab Emirates (CBUAE) and the Reserve Bank of India (RBI) have signed a memorandum of understanding (MoU) in Abu Dhabi. The MoU aims… дальше »

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Banks Offering Bids for Signature Bank Must Give Up Crypto Business

Sources have said that those who acquire Signature Bank must drop any crypto-related business, according to Reuters. The post Banks Offering Bids for Signature Bank Must Give Up Crypto Business appeared first on BeInCrypto. дальше »

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Акционеры Silicon Valley подали коллективный иск к администрации банка за мошенничество

Глава Silicon Valley Bank (SVB) Грег Беккер и финансовый директор Дэниел Бек стали фигурантами коллективного иска акционеров банка по подозрению в злоупотреблении служебным положением. дальше »

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Signature Bank’s Prospective Buyers Must Agree to Give Up All Crypto Business: Report

The Federal Deposit Insurance Corporation (FDIC) has reportedly asked banks interested in acquiring the shuttered New York institution to submit bids by Friday. дальше »

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Blame traditional finance for the collapse of Silicon Valley Bank

Silicon Valley Bank’s downfall was a product of traditional finance — critics shouldn’t conflate the issue with cryptocurrency.

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Congressman Emmer attacks FDIC for ‘weaponizing’ bank closures to attack crypto

Tom Emmer, Republican Congressman for Minnesota, wrote a letter to the Chairman of the Federal Deposit Insurance Corporation (FDIC), Mark Gruenberg, on March 15 expressing his concerns about the recent closures of digital asset and tech-centered banks like Silvergate, Signature Bank, and Silicon Valley Bank. дальше »

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How The USDC Depeg Will Impact DeFi, Expert Explains

Following the closure of Silicon Valley Bank (SVB), the value of the world’s fifth-largest cryptocurrency, USD Coin (USDC), plummeted to an all-time low on Saturday. The U. S. -based company behind the coin, Circle, revealed that $3. дальше »

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U.S. Federal Reserve’s Real-Time Payments System Coming In July

The U.S. Federal Reserve is activating its long-awaited real-time payments system in July, the central bank said in a Wednesday statement, marking a transition that some have seen as a government challenge of the crypto sector’s instant-transaction advantages. дальше »

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U.S. Federal Reserve’s Real-Time Payments System Coming in July

The U.S. Federal Reserve is activating its long-awaited real-time payments system in July, the central bank said in a Wednesday statement, marking a transition that some have seen as a government challenge of the crypto sector’s instant-transaction advantages. дальше »

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Crypto Custody Firm Anchorage Digital Axes 20% Of Staff, Blames Regulatory, Macroeconomic Challenges

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Justin Sun traded USDC fear after SVB collapse

At the height of USD Coin (USDC) panic — when news broke that much of its backing was stuck in recently-collapsed Silicon Valley Bank — Tron (TRX) founder Justin Sun traded millions of USDC. дальше »

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Senator Warren says Fed chair 'has to recuse himself' from reviewing regulatory failures

Jerome Powell called for a “thorough, transparent, and swift review” of the Federal Reserve's supervision and regulatory activities following Silicon Valley Bank's closure. дальше »

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Credit Suisse Shares Drop Nearly 25%, Is Bitcoin Gearing For Another Rally?

As the global bank crisis spreads, Credit Suisse Group AG, a Switzerland-based global investment bank and financial services firm, seems to have been caught in the contagion, which could lead to more gains for Bitcoin and the crypto market. дальше »

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Swiss National Bank says it will support Credit Suisse if necessary

Swiss regulators reaffirm the soundness of the Swiss financial system, following recent concerns about Credit Suisse.

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Why isn't the Federal Reserve requiring banks to hold depositors' cash?

The fact that most banks aren’t required to keep your money on hand makes it likely that more bank failures will occur in the months ahead. дальше »

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Jim Cramer says bank protection via FDIC is unreliable

Jim Cramer, the Mad Money host on CBNC, has given his opinion on insuring and protecting banks as the federal government intervenes in the recent major bank crashes. дальше »

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Как трейдеры использовали ситуацию с коллапсами банков в свою пользу?

Еще три недели назад, в последнюю неделю февраля, автор популярной экономической рассылки The Diff с 48 тыс. подписчиков Бирн Хобарт выступил с предупреждением — он описал вероятный сценарий краха банка Silicon Valley Bank (SVB). дальше »

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US lawmaker accuses FDIC of using banking instability to attack crypto

The collapse of Signature Bank, Silicon Valley Bank and Silvergate Bank has had many in the space reeling — but is the U.S. government trying to “choke off digital assets”? дальше »

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Silvergate Wasn't Cut Off From Loans, Lender Says

The Federal Home Loan Bank of San Francisco, the bank that supplied $4.3 billion to Silvergate late last year, did not force Silvergate to repay the advances which have been rumored to be the reason why the crypto-friendly bank had to go into voluntary liquidation, it said. дальше »

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Don’t Get Your Hopes Up: SVB's Demise Won't Bring Interest Rates Down

The Federal Reserve’s new Bank Term Funding Program is a backstop for banks – but also a license to let interest rates rip. дальше »

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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 »

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What Is Cross River Bank, USDC Stablecoin Issuer Circle’s New Partner?

The New Jersey-based regional bank has an increased profile after the trio of recent bank collapses – and will likely face added regulatory scrutiny. дальше »

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CBDCs could provide smooth cross-border payments, says Bank of Israel official

The adviser to the deputy governor and CBDC project manager spoke at Fintech Week Tel Aviv on how a recent CBDC experiment proved efficient in cross-border transactions. дальше »

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