Search

Nalezeno "Banks ": 3172

USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank

11.3.2023
At the time of writing, USDC lost 3% of its value as it traded at $0.969, and a Circle executive envisions broader implications for business, banking and entrepreneurs without a Federal rescue plan

Circle’s USDC Endured $1B of Net Redemptions Since Silicon Valley Bank's Shutdown

11.3.2023
Stablecoin issuer Circle held an undisclosed amount of USDC’s cash reserves at failed Silicon Valley Bank

How Silvergate’s Crypto Collapse Differed From Silicon Valley Bank’s: No Bailout

10.3.2023
For all the angst this week about how troubles in the crypto industry are fueling a banking crisis, the reality, so far, is actually something else: Of the two banks that went under, the one squarely focused on crypto – Silvergate Capital – escaped the black mark of a federal bailout

Circle's exposure to U.S. banks could top $9B

10.3.2023
Circle's reserves are held in a number of banks in the United States, including Silvergate, Silicon Valley Bank, and Bank of New York (BNY) Mellon

Ethereum Shanghai upgrade could benefit liquid staking providers and cement ETH’s layer-1 dominance

10.3.2023
Ethereum’s Shanghai upgrade is set to unlock a trove of staked Ether and possibly benefit other staking protocols that offer lucrative yields

What does the Silvergate collapse mean for crypto?

10.3.2023
The recent collapse of crypto-friendly bank Silvergate will likely increase regulatory scrutiny on the ties between the crypto industry and the banking sector in the U.S

A Tale of 2 Banks: Why Silvergate and Silicon Valley Bank Collapsed

10.3.2023
Every U.S. bank is facing similar structural pressures to what drove crypto’s one-time favorite bank to the moon - then into the ground

Silicon Valley Bank shut down by California regulator

10.3.2023
The FDIC stated that as receiver, it had immediately transferred all insured deposits of Silicon Valley Bank to the newly created Deposit Insurance National Bank of Santa Clara (DINB)

Signature Bank Stock Down 12% in Volatile Action as Bank Selloff Continues

10.3.2023
SBNY shares sank as low as $64.60 at 14:45 UTC on Friday, a drop of around 28% from its opening price of just over $90

Banks Shouldn’t ‘Punish’ Crypto Industry, Republican Senators Urge

10.3.2023
A crackdown on digital assets companies is reminiscent of “choke point” targeting of gun sales, Fed Governor Jerome Powell was told

Finance Is Headed Toward Bank-Free, Decentralized Future: Bernstein

10.3.2023
Bank-free decentralized finance will be a trillion-dollar asset pool with over $40 billion in revenue by 2028, the report said

Crypto industry braces for impact with Silvergate exit

9.3.2023
Silvergate may not pose a systematic risk for the U. S. banking system, but it could raise risks related to banking concentration and introduce new challenges for venture capital firms sources claim

Expert Warns of Possible Deflationary Depression as Money Supply Contracts: ‘Pay Attention to QT and the Money Supply’

9.3.2023
During the Covid-19 pandemic, central banks such as the U.S. Federal Reserve loosened fiscal and monetary policy. Now, these same financial institutions are seemingly engaging in quantitative tightening (QT) practices. According to Nick Gerli, CEO and founder of Reventure Consulting, “the...

4 Potential Winners of the Silvergate Unwind

9.3.2023
The collapse of crypto's most visible bank could be an opportunity for stablecoins and other financial services providers

Elizabeth Warren Blames ‘Crypto Risk’ for Silvergate Bank’s Liquidation, Critics Dismiss Senator’s Claims as ‘Terribly Misinformed’

9.3.2023
After Silvergate Bank announced its voluntary liquidation, U.S. senator Elizabeth Warren is attributing the financial institution’s downfall to “crypto risk.” According to Warren, she had previously warned about Silvergate. However, some critics are dismissing Warren’s...