Crypto Bank Silvergate Repays Deposits as Part of Liquidation Plans
Silvergate said it has fully repaid all its deposit liabilities. The development is a follow-through on its plans to liquidate.
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How will Binance’s Struggles to Find Banking Partner in the U.S. Impact BNB
Binance.US, the popular Binance Exchange’s American branch, was experiencing significant operational challenges due to a lack of a banking partner..
- by Oladapo Hapostle
- April 10, 2023
Bitcoin News
Crypto Market March Roundup: Bitcoin Rises Amid Banking Uncertainties, Macro Headwinds
After a March of bank failures, inflation, and other macroeconomic headwinds, investors turned to bitcoin and other cryptos as safe.
- by Oladapo Hapostle
- April 1, 2023
Bitcoin News
First Mover Asia: Asia Pushes Bitcoin Past $25K
When Asia begins its work day, most major digital assets are in the green. Bitcoin has increased by 5.3% in.
- by Oladapo Hapostle
- March 17, 2023
Latest News
Federal Reserve Confirms July Launch for FedNow Instant Payment Service
The long-awaited quick payments system from the US Federal Reserve, which is seen as an alternative to central bank digital.
- by Oladapo Hapostle
- March 16, 2023
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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
Crypto Must Do Better to Be Banked, Say Industry Executives
Crypto’s go-to bank Silvergate’s voluntary collapse and government efforts to seize Silicon Valley Bank shook the industry. Depositors will be.
- by Oladapo Hapostle
- March 15, 2023
Blockchain News
Ethereum (ETH) Up 9% as Whale Goes on Buying Spree: Details
The digital currency ecosystem is on a rampage today with the combined crypto market jumping 5.41% to $1.08 trillion. With.
- by Oladapo Hapostle
- March 14, 2023
Blockchain News
Feds Shut Down Signature Bank, Say Signature and Silicon Valley Bank Depositors Will Be Made Whole
Silicon Valley Bank and Signature Bank depositors will receive their cash on Monday. The announcement was made by Federal Reserve.
- by Oladapo Hapostle
- March 14, 2023
‘Surgical removal’ of Crypto Will Only Weaken USD Dominance, Commentators Say
The US crackdown on cryptocurrencies and corporations would only hinder crypto-related innovation and “weaken” the country, according to industry commentators.