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US midsize banks seek FDIC Insurance on all deposits for 2 years: Report
19.3.2023
The banking coalition reportedly argued that it would bring stability to the banking industry and reduce the chances of "more banking failures," in a letter to federal regulators
Blackrock CEO Warns More Bank Seizures and Shutdowns Could Result From Regulatory Changes
18.3.2023
The CEO of Blackrock, the world’s largest asset manager, has warned about additional bank seizures and shutdowns that could result from regulatory changes in response to the failures of several major banks in the U.S. “It does seem inevitable that some banks will now need to pull back...
Former Coinbase CTO makes $2M bet on Bitcoin's performance
18.3.2023
Balaji Srinivasan has predicted Bitcoin will reach $1 million within 90 days as a consequence of hyperinflation in the United States
UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal
18.3.2023
After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit...
Dump & Miss Out, Close Banks, Take Down & Lay Off, and Laugh at 20 Crypto Jokes
18.3.2023
Read More: Dump & Miss Out, Close Banks, Take Down & Lay Off, and Laugh at 20 Crypto Jokes
Bitcoin market cap grows 60% in 2023 as top Wall Street banks lose $100B
18.3.2023
Bitcoin has decoupled from stocks and rising ten years after the Cyprus banking crisis coincided with a BTC price boom
More 186 US banks well-positioned for collapse, SVB analysis reveals
18.3.2023
Rising interest rates, which brought down the U.S. banking system’s market value of assets by $2 trillion, combined with a large share of uninsured deposits at some U.S. banks, threatens their stability
Congress announces March 29 hearing into failures of SVB and Signature Bank
17.3.2023
According to the House Financial Services Committee, it expects to hold multiple hearings on "getting to the bottom" of the banks' failures
DeFi sees its biggest hack in 2023 as Euler loses $197M: Finance Redefined
17.3.2023
DeFi suffered its biggest attack this year with a flash loan attack on crypto lending platform Euler Finance and the hackers are belived to be same that exploited a BSC based protocol in February
Crypto market cap reclaims $1T, and derivatives point to further upside
17.3.2023
Bitcoin's performance has outpaced Warren Buffett's Berkshire Hathaway over the past six months as crypto markets appear to have turned a corner
Coinbase is planning to set up crypto trading platform outside US: Report
17.3.2023
The reported move came amid many U.S. lawmakers and regulators taking aim at crypto firms for their perceived role in the failure of three major banks
Banking crisis: What does it mean for crypto?
17.3.2023
In our latest Cointelegraph Report, we broke down the main events that led to the collapse of Silvergate, SVB and Signature Bank and explain what this all could mean for crypto
US Bank Outflows and Concerns Mount: 11 Banks Bail Out First Republic Bank From Collapse
17.3.2023
After the fall of Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank (SNBY), First Republic Bank, a commercial bank and wealth management services provider, is the latest financial institution to receive a bailout. Close to a dozen lenders announced they will deposit $30 billion into...
Bitcoin, Ethereum Technical Analysis: BTC Hits $27,000, Securing Fresh 9-Month High
17.3.2023
Bitcoin moved to a fresh nine-month high on Friday, as prices moved above the $27,000 level. The surge comes following the U.S. Federal Reserve’s decision to backstop embattled banks to a record tune of $152.9 billion. Ethereum was also in the green in today’s session. Bitcoin Bitcoin...
Silicon Valley Bank's Parent Company Files for Bankruptcy
17.3.2023
The company said Friday it had filed for court-supervised reorganization in the United States Bankruptcy Court for the Southern District of New York to preserve value
US Bank collapse — Was crypto being targeted?
17.3.2023
The latest episode of Decentralize with Cointelegraph unpacks whether U.S. regulators are targeting the crypto ecosystem through closure of SVB and Signature Bank
European Commissioner Says Impact of SVB Collapse ‘Limited’ as Credit Suisse Drags Down Banking Stocks
17.3.2023
Silicon Valley Bank’s (SVB) collapse has had a “limited impact” on the European Union but authorities must still “stay alert” to events as they unfold, European Commissioner Mairead McGuinness has said. Despite McGuinness’ reassuring remarks, stocks of Europe’s largest...
Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply
16.3.2023
The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SNBY), this week, with bids due by March 17. However, sources familiar with the matter said the qualifications...
Blockchain Association seeks info from Fed, FDIC, and OCC on 'de-banking' crypto firms
16.3.2023
The association submitted Freedom of Information Act requests as part of an investigation into how regulators’ actions “improperly contributed” to the collapse of three banks
Signature Bank’s Prospective Buyers Must Agree to Give Up All Crypto Business: Report
16.3.2023
The Federal Deposit Insurance Corporation (FDIC) has reportedly asked banks interested in acquiring the shuttered New York institution to submit bids by Friday