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Nalezeno "failures": 128

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

How credible is the ‘Operation Chokepoint’ theory?

17.3.2023
Silicon Valley Bank and Silvergate Bank were crucial to many in the cryptocurrency industry, and it’s fueling theories that regulators encouraged their downfall

Exclusive Interview: Tether Co-Founder Says Crypto Industry Will Bounce Back Despite Past Failures - Here’s Why

17.3.2023
In an exclusive interview with Cryptonews, William Quigley, the co-founder and CEO of decentralized blockchain WAX and co-founder of USDT issuer Tether, shared his insights on the crypto and blockchain industry's future amid recent challenges. Quigley, who has over 30 years of experience...

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...

Stop Blaming Crypto for Traditional Finance Failures

16.3.2023
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

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

15.3.2023
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

Mad Money Jim Cramer on BTC Price Surge: ‘I Would Sell My Bitcoin Right Into This Rally’

15.3.2023
The host of Mad Money, Jim Cramer, says he would still sell bitcoin despite the failures of major banks and growing public distrust in the banking system and the Federal Reserve. “Bitcoin is a strange animal,” he said, asserting that the price of the cryptocurrency is “being...

US banking system outlook downgraded to 'negative' following recent bank failures

14.3.2023
Recent bank failures have highlighted the need for Blockchain-based cryptocurrency such as Bitcoin

Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks

14.3.2023
After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country, Moody’s Investors Service has downgraded the rating of the U.S. banking system from “stable” to “negative.” As one of...

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

14.3.2023
Traders seek options to hedge against market volatility as U.S. bank failures triggered sharp repricing of interest rate expectations

Santander, HSBC, Deutsche and Others Still Willing to Serve Crypto Clients After Banking Failures, DCG Says

14.3.2023
Major banks are still willing to work with crypto firms though they may implement service restrictions, according to messages viewed by CoinDesk

US banks experience volatility and trading halts amid bank failures and presidential assurances

13.3.2023
Dozens of regional banks saw share price swings that triggered trading halts as banks of all sizes feel the impact of last week’s bank failures

FDIC Creates Bridge Banks for Failed Silicon Valley Bank and Signature Bank Clients to Access Funds

13.3.2023
The U.S. Federal Deposit Insurance Corporation (FDIC) has announced that clients of Silicon Valley Bank (SVB) and Signature Bank (SBNY) can access their funds during normal banking hours on Monday, March 13, 2023. The FDIC stated that both banks’ deposits were made whole under...

US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington Mutual

10.3.2023
After Silicon Valley Bank (SVB) experienced financial turmoil, the U.S. Federal Deposit Insurance Corporation (FDIC) and the California Department of Financial Protection and Innovation closed the financial institution. Insured depositors can withdraw their funds on Monday after the FDIC took over...

Solana Blockchain Experiences Technical Glitch Causing Transaction Slowdowns

25.2.2023
The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident report referred to it as “cluster instability” and indicated that...

Elon Musk's Twitter Mistakes Prove Web3's Point

19.12.2022

US Lawmaker Calls on SEC Chair Gensler to Testify About His Crypto Regulatory Failures

14.12.2022
U.S. Congressman Tom Emmer has called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to testify before Congress and “answer questions about the cost of his regulatory failures.” The lawmaker stressed: “Gensler has repeatedly dodged Congress at...