FDIC Sells Signature Bank Deposits to Flagstar, Crypto not Included
Signature Bank’s deposits and loans are expected to be sold to Flagstar Bank, a subsidiary of New York Community Bancorp, just a week.
Crypto News
Crypto News
Signature Bank Deposits, Branches Sold to Flagstar, Crypto Not Included
Signature Bank‘s deposits and loans are expected to be sold to Flagstar Bank, a subsidiary of New York Community Bancorp, just a week.
Bitcoin News
‘Textbook Perfect’ Bitcoin Price Pattern Sees $BTC Target $100,000, Crypto Analyst Says
Charles Edwards, a well-known cryptocurrency analyst and the founder of Capriole Investments, has identified a “textbook flawless” Bitcoin pricing pattern that indicates the.
Crypto News
Crypto Banking Closures Will Make the US a More Difficult Place to Do Business
Three banks failed within a week. Three are crypto-related. Silvergate and Signature preferred crypto clients. SVB’s crisis is the biggest. It was the.
Crypto News
Decentralized Exchange (DEX) Trading Volumes Surged Nearly 250% Amid USDC, Stablecoin Crisis
During the stablecoin crisis earlier this week, which saw the value of USDC, the second-largest stablecoin by market capitalization, drop to $0.87 before.
Blockchain News
U.S. DOJ Was Investigating Signature Bank’s Work With Crypto Clients: Bloomberg
According to Bloomberg, which cited people familiar with the case, the US Department of Justice (DOJ) in Washington and Manhattan were investigating possible.
Crypto News
Signature Bank Board Member Says Shutdown Was Political
When speaking to CNBC, Frank indicated that there was “no actual objective rationale” for the FDIC to seize Signature Bank because the financial.
Crypto News
USDC Regains Its Peg After U.S. Treasury Department Says Depositers of SVB Will Be Made Whole
The release of a crucial joint statement by U.S. Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell,.
Crypto News
100% Of USDC Reserves Are Safe As U.S. Gov’t Bails Out Silicon Valley Bank
Financial markets have been tumultuous. In particular, for USDC stablecoin and Silicon Valley Bank and its stakeholders, since the lender went from robust.
Crypto News
Stablecoin Issuers Seek to Diversify Banking Partners in the Wake of Silicon Valley Bank’s Meltdown
Today’s bankruptcy of California’s Silicon Valley Bank removes one lending partner from the cryptocurrency industry, increasing pressure on stablecoin producer Circle to expand.