Is Credit Suisse Next in Line for Turmoil after Major Backer Halts Funding?

Coinspeaker Is Credit Suisse Next in Line for Turmoil after Major Backer Halts Funding? The firm’s Chairman Axel Lehmann declined to comment on whether it will need assistance from the government in the future, he highlighted that the bank has no problems as it has good return capital ratios. дальше »

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Bank Runs Like These Are The Reason Bitcoin Exists

We may be heading into another financial crisis, government bailouts for reckless banks included. Bitcoin exists to fix this. дальше »

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Coinbase launches zero-fee local bank transfers in Singapore 

Coinbase has rolled out free fiat deposits and withdrawals via local bank transfers for its Singaporean customers. Users can now transfer funds to and from their Coinbase accounts via Standard Chartered bank at no extra cost. Coinbase crypto exchange has… дальше »

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India and UAE to Collaborate on Developing Digital Currencies

India and the United Arab Emirates (UAE) will collaborate on central bank digital currencies (CBDCs) by jointly conducting at least one pilot. дальше »

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Robinhood Users Unable to Realize Bets Profits against SVB and Signature Bank

Coinspeaker Robinhood Users Unable to Realize Bets Profits against SVB and Signature Bank Robinhood users have taken to Twitter to express their displeasure as they are unable to revel in the SVB and Signature Bank failure. дальше »

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Accusations of Money Laundering Surface at Signature Bank

US Regulators are reportedly investigating the crypto-friendly Signature Bank for money laundering. Is it a part of the operation Choke Point? The post Accusations of Money Laundering Surface at Signature Bank appeared first on BeInCrypto. дальше »

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SVB and FTX-backed Chipper Cash contemplates sale or new investor

Chipper Cash, an African fintech company backed by Silicon Valley Bank and the defunct crypto exchange FTX, is reportedly considering various strategic moves, including a potential sale or attracting new investors. дальше »

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Anchorage lays off 20% of staff as crypto volatility persists

Anchorage Digital, the first federally chartered crypto bank in the US, has announced a layoff of around 20% of its staff, totaling 75 people, as the prolonged bear market in the crypto industry continues to take its toll. The company… дальше »

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Elon Musk Responds to Cathie Wood About Bitcoin (BTC), Ethereum (ETH) Rising in Current Bank Crash

Tesla chief supported Cathie Wood regarding current crisis in US banking sphere дальше »

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В Signature Bank обвинили власти США в желании «выслать антикриптовалютное послание»

Барни Фрэнк, член Правления Signature Bank, выдвинул свою версию отзыва лицензии у кредитной организации. Как стало известно, Барни Фрэнк, член Правления банка Signature Bank, а также ранее бывший конгрессмен в Палате представителей, полагает, что закрытие операционной деятельности этой кредитной организации со стороны Нью-Йоркского департамента финансовых услуг (NYDFS) есть на самом деле негативное послание, которое федеральные […] дальше »

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MEV Rewards on Ethereum Reach All-Time High During SVB Bank Run and USDC Depeg

Profits made from MEV were more than twice as high as the last peak during the FTX implosion. дальше »

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Signature bank was under criminal investigation ahead of closure

The US prosecutors were looking into Signature Bank’s dealings with crypto clients when regulators abruptly shut down the institution on March 12. The regulators said that keeping the bank open would pose a threat to the stability of the entire… дальше »

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Circle CEO: $3.3 Billion stuck at SVB may be recoverable

Circle CEO Jeremy Allaire confirmed that the firm has accessed the funds stuck at Silicon Valley Bank Allaire believes the $3. 3 billion stuck in SVB will be fully recovered Jeremy Allaire, tThe post Circle CEO: $3. дальше »

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Coinbase Launches Local Bank Transfers for Singapore Users at Zero Cost

Coinspeaker Coinbase Launches Local Bank Transfers for Singapore Users at Zero Cost Coinbase has integrated Singpass, making it more convenient for customers to sign up on the exchange. дальше »

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Australia's Treasury and Reserve Bank Held Consultations With Coinbase, Others

Australia's central bank and Treasury have held meetings with international crypto industry executives on the future of digital assets and regulation in the nation. дальше »

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Bloomberg: Минюст расследовал работу банка Signature с клиентами из криптоотрасли

Издание Bloomberg со ссылкой на собственные источники сообщает, что еще до закрытия Signature Bank американские прокуроры расследовали его взаимодействие с клиентами из криптоотрасли. дальше »

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Bitcoin, Ether Volatility Stuns Bears and Bulls Alike; Some Say Recent Price Action Driven by Bank Crisis

Some market observers say bitcoin’s recent price movements were largely driven by investors looking for alternative assets to park their funds amid a banking clampdown in the U.S. дальше »

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Crypto prices continue to rebound as Metacade’s presale nears the end

The past few days marked a difficult time for investors as not one but three notable banks collapsed under pressure, adding to an already tense investment environment. Investors have to now deal with fear of additional bank failures on top of inflation and employment concerns, questions over how the economy will react to potential new […] The post Crypto prices continue to rebound as Metacade’s presale nears the end appeared first on Invezz. дальше »

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Robert Kiyosaki sounds alarm over bank failures

Financial expert Robert Kiyosaki warns about the potential consequences of banks failing and highlights the benefits of cryptocurrencies as an alternative. дальше »

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Here are the biggest losers in the US banking crisis

There was a panic in the financial markets when Silicon Valley Bank collapsed under the pressure of large-scale withdrawals by depositors. дальше »

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The Latest Banking Crisis Is Why I Save In Bitcoin

The collapse of Silicon Valley Bank has highlighted just how fragile the legacy financial system is. дальше »

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Major British Bank Limiting Customer Crypto Payments

Two UK companies have announced restrictions on cryptocurrency payments for their customers, putting further pressure on the struggling digital asset industry дальше »

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Hedge fund legend Ken Griffin knocks US SVB depositor save

Hedge fund billionaire Ken Griffin was critical of how the U.S. government saved the depositors at Silicon Valley Bank (SVB), and thinks that is is a lesson in the moral hazard that exists in today's global marketplace. дальше »

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Binance Halts GBP Deposits and Withdrawals

Only a month after halting U.S. dollar bank transfers, Binance is now being forced to cease processing British pound deposits and withdrawals as well. Only 1% of Users Impacted Crypto... дальше »

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Ex-Ripple Advisor Appointed by Fed to Watch Over Failed Silicon Valley Bank (SVB)

Michael Barr will lead supervision of collapsed Silicon Valley Bank (SVB) on Fed's side дальше »

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UK Bank NatWest Limits Daily Crypto Payments to $1,200

Customers will be limited to payments of 1,000 pounds ($1,218) per day and 5,000 pounds over a 30-day period. дальше »

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Crypto market bounces back as data indicates possible bull run

The crypto market just pulled off a miraculous recovery to $1 trillion in the face of a major crisis. The Silicon Valley Bank (SVB) meltdown was contained thanks to some swift action from US financial regulators. Bitcoin (BTC) led the… дальше »

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Asset Managers Blackstone, Apollo Eyeing SVB Assets: Bloomberg

SVB collapsed last week following a $42 billion bank run after it announced plans to sell $2.24 billion in new shares. дальше »

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EUL token down 52% after the $200 million Euler protocol exploit

Hackers stole almost $200 million from Euler protocol on Monday. USDC accounted for a majority of the stolen tokens. Euler Labs is currently working to recover the funds. Euler protocol is facing a different threat from the crypto firm collapses, crypto lawsuits, and crypto-related bank shutdowns that have plagued the crypto space in the recent […] The post EUL token down 52% after the $200 million Euler protocol exploit appeared first on CoinJournal. дальше »

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Former CFTC chair urges US to develop privacy-focused CBDCs

Christopher Giancarlo, the former chair of the Commodity Futures Trading Commission (CFTC), has called for the United States to take the lead in developing Central Bank Digital Currencies (CBDCs) that prioritize individual privacy and democratic values. дальше »

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FDIC plans second SVB auction after first failed attempt 

The US Federal Deposit Insurance Corporation (FDIC) is looking to make another attempt at auctioning assets of collapsed Silicon Valley Bank (SVB) after failing to find a buyer the first time.  According to the Wall Street Journal, the FDIC informed… дальше »

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Bitcoin Options Volume on Deribit Hits Highest Level in 22 Months as Bank Failures Breed Volatility

Traders seek options to hedge against market volatility as U.S. bank failures triggered sharp repricing of interest rate expectations. дальше »

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Администрация Байдена ухудшает деловой климат для криптовалютной индустрии в США

Отзыв лицензии Signature Bank вместе с вынужденным с уходом с рынка Silvergate Capital — часть стратегии Вашингтона в отношении криптосферы. После того, как в сентябре 2022 года администрация президента Джо Байдена представила концепцию регулирования майнинга криптовалют, стало понятно, что уклон идёт в сторону фактического ограничения деятельности криптосферы в США, хотя формально это обставляется лишь дополнительными […] дальше »

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Shiba Inu becomes the most traded token among whales as market rises

The second-largest meme coin, shiba inu (SHIB), gained 4.6% in the past 24 hours. The bullish momentum shows a recovery after the recent bank collapses in the US.  Shiba inu is trading at $0.000011 at the time of writing, according… дальше »

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What next after SVB collapse? 30% chance of interest rate cuts by the summer

That escalated quickly.   Silicon Valley Bank (Nasdaq: SIVB) is no more, the biggest banking casualty since Lehman Brothers shocked the world in 2008. In came the US administration, pulling out emergency stops to stave off the crisis – in the short term, at least. дальше »

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Барни Франк: Чиновники использовали крах Signature Bank для удара по криптоиндустрии

Член правления Signature Bank обвинил регулирующие органы США, которые блокировали операции банка на выходных, в преднамеренных действиях, направленных на дискредитацию криптоотрасли. дальше »

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JPMorgan and Citigroup Juggling New Account and Deposit Requests as Smaller Banks Drown

With the demise of Silicon Valley Bank and Signature, customers are flocking to major US banks to transfer money from smaller lenders. According to executives cited by The Financial Times, this is the largest shift of deposits in more than ten years. дальше »

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Bitcoin surpasses $24k despite the recent bank collapses

Bitcoin (BTC) surged almost 10% in the recent 24 hours, crossing a critical threshold of $24,000. The move comes as the US president has addressed the bank system’s stability. The latest series of bank collapses in the US has triggered… дальше »

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Biden urges US citizens to trust banks amid ongoing collapse

Following the Silicon Valley Bank collapse, US President Joe Biden sought to portray calm on March 13 by assuring US citizens that the country’s financial and banking systems are secure.  In a move that has sent shockwaves throughout the banking… дальше »

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Banking Crisis Sparks Increased Interest in DEX and CEX Tokens

Investors are flocking to crypto alternatives following the banking crisis, involving banks such as Silicon Valley Bank and Signature Bank. The post Banking Crisis Sparks Increased Interest in DEX and CEX Tokens appeared first on BeInCrypto. дальше »

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Signature Bank’s Signet Platform Still Works, but Some Clients Have Moved On

A source told CoinDesk the real-time payments platform, popular with crypto businesses, will continue to be offered under the newly established Signature Bridge Bank entity. дальше »

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CBDC Projects on a Roll: SWIFT Reports ‘Clear Potential and Value’ From Pilot Tests

Central Bank Digital Currencies or CBDCs developments continue to run in full swing. Of late, renowned banking institutions saw “clear potential and value” in SWIFT’s experimental CBDC Connector pilot tests. дальше »

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This financial advisor is keeping bullish on crypto technology

Bitcoin rallied today even after the Signature Bank news late last week. Financial advisor Douglas Boneparth is keeping bullish on blockchain. Crypto analyst Altcoin Sherpa shares his outlook for bitcoin price. дальше »

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Bitcoin Surges as Bank Client Rescue Eases Contagion Fears, Fuels Hopes for Fed Dovishness; Binance's $1B Conversion Helps, Too

Investment banking giant Goldman Sachs analysts have predicted that the U.S. central bank will not raise interest rates at its next FOMC meeting on March 22, according to a report. дальше »

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Former Congressman Barney Frank Reckons U.S. Regulators Closed Signature Bank To Send ‘Strong Anti-Crypto Message’

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Prompt Regulator Action And Stablecoin Issuer Assurances See USDC Repeg

A March 12, 2023, joint statement by the Department of the Treasury, Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) advised that depositors for both the Signature Bank, New York and Silicon Valley Bank, Santa Clara, California, will have access to their money effective March 13, 2023. On March 13, 2023, the Bank of […] дальше »

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This DeFi Protocol Just Got Hacked but Its Token Is Still Doing Better Than a Major U.S. Bank's

Euler's EUL token fell 50% hours after an exploit on its protocol while First Republic shares fell roughly 62% following U.S. bank turmoil. дальше »

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FDIC Planning to Try Auctioning Silicon Valley Bank Again: WSJ

The designation of SVB’s failure as a potential systemic threat gives the FDIC more options to sell the bank. дальше »

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Ripple’s Top Lawyer Heaps Praise on Lawmaker Over SVB Bailout

Stuart Alderoty, Ripple's general counsel, has taken to Twitter to praise California congressman, Ro Khanna, for his efforts in protecting depositors at Silicon Valley Bank (SVB) following its sudden collapse дальше »

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U.S. Fed’s Supervision Chief Investigating What Happened With Silicon Valley Bank

Michael Barr, the vice chairman responsible for bank supervision and regulation at the U.S. Federal Reserve, is examining how the regulated Silicon Valley Bank met with its rapid collapse last week. дальше »

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