Search

Nalezeno "silvergate": 340

Binance.US unable to find bank partners in the United States: Report

8.4.2023
The United States arm of global crypto exchange Binance has been facing challenges in establishing a new bank partner

Tether supply hits $80B for the first time since May 2022 — stablecoin rivals stumble

6.4.2023
Tether supply across cryptocurrency exchanges has dropped 28% in 2023, however, hinting at an overall decline in demand for stablecoins

Tether 'unequivocally reiterates' no exposure to Signature Bank

5.4.2023
The stablecoin provider denied the allegations that began to surface in regard to its exposure to the now-collapsed Signature Bank

How the Federal Reserve Is Now Competing With Banks for Deposits: Enter the Reverse Repo Facility

4.4.2023
The U.S. Federal Reserve could be competing with commercial banks due to a facility called the “overnight reverse repurchase agreement facility,” which has currently drawn in more than $2 trillion in deposits. According to analysts, this has affected bank deposits, as investors run...

While Biden and Trump Blame Each Other for Bank Failures, Others Believe the Cause Might Be a Management Issue

30.3.2023
The recent banking failures involving the fall of Silicon Valley Bank (SVB), Signature Bank, and Silvergate Bank, have high-profile government individuals trying to find a culprit. U.S. President Joe Biden and former President Donald Trump have publicly blamed each other’s policies for...

The Short-Sightedness of Run-Amok Regulators

29.3.2023
Ric Edelman, founder of the Digital Assets Council of Financial Professionals, talks about a key reason why crypto’s future looks bleaker: an apparent effort to cut it off from U.S. banks

Stablecoins are solution to crypto’s banking problem, exec says

29.3.2023
Stablecoins are seen as a potential solution to crypto’s banking problem, but some of them are currently not immune to banking issues

U.S. Bank Regulators Investigating Leaders of the Failed Tech Banks

27.3.2023
The Federal Deposit Insurance Corp. is investigating the actions of the leaders of Signature Bank and Silicon Valley Bank to hold them accountable for their collapses, said Chairman Martin Gruenberg, who detailed their mismanagement and dangerous business concentrations – especially in digital...

Microstrategy Buys 6,455 More Bitcoin — Now Holds 138,955 BTC

27.3.2023
Microstrategy has purchased 6,455 bitcoins for approximately $150 million at an average price of $23,238 per coin. With its latest purchase, Microstrategy now holds 138,955 bitcoins acquired at an average of $29,817 per coin. Moreover, the company also paid off its loan from troubled Silvergate...

Michael Saylor’s MicroStrategy repays Silvergate loan and buys 6.5K BTC

27.3.2023
MicroStrategy has increased its total Bitcoins holdings to 138,955 BTC, purchased for $4.1 billion at an average of $29,817 per coin

MicroStrategy Pays Off Silvergate Loan, Buys More Bitcoin

27.3.2023
The company in March 2022 had borrowed $205 million from Silvergate Bank

Bank Consolidation Threatens Freedom, Makes Case for Bitcoin

24.3.2023
The biggest threat from the banking crisis triggered by this month’s collapse of Silicon Valley Bank might not lie in the potential for depositors to lose their savings but in the censorship power that massive banks are now accumulating as customers move their money

Crypto Is the Solution to Bank Runs, Not the Cause

23.3.2023
Self-custody, transparency and immediate settlement are just a few ways that crypto could prevent loss of funds

Kraken Suspends Automated Clearinghouse Deposits and Withdrawals Due to Silvergate’s Closure – What Does This Mean for Users?

23.3.2023
Kraken will suspend automated clearinghouse (ACH) deposits and withdrawals beginning March 27 due to the recent closure of its banking partner Silvergate Bank. “As of March 27, 2023, Kraken clients will no longer be able to use ACH deposits and withdrawals through Silvergate,” the crypto exchange...