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,.
Latest News
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.
- by Oladapo Hapostle
- March 16, 2023
Latest 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..
- by Oladapo Hapostle
- March 16, 2023
Latest News
Decentralized Exchange (DEX) Trading Volumes Surged Nearly 250% Amid Stablecoin Crisis
During the stablecoin crisis earlier this week, which saw the value of USDC, the second-largest stablecoin by market capitalization, drop.
- by Oladapo Hapostle
- March 16, 2023
Blockchain News
U.S. DOJ Was Investigating Signature Bank’s Work With Crypto Clients: Bloomberg
According to a report that was published on Wednesday by Bloomberg, which cited people familiar with the case, the United.
- by Oladapo Hapostle
- March 15, 2023
Latest 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.
- by Oladapo Hapostle
- March 14, 2023
Latest 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.
- by Oladapo Hapostle
- March 14, 2023
Latest 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.
- by Oladapo Hapostle
- March 14, 2023
Latest 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.
- by Oladapo Hapostle
- March 12, 2023
Latest News
Sen. Warren calls out ‘sham audits’ while SVB threatens crypto bankruptcy
Elizabeth Warren and Ron Wyden, both of the United States Senate, have submitted a request to the Public Company Accounting.
- by Oladapo Hapostle
- March 11, 2023
