Cryptocoins News / The Cointelegraph - 2 years ago
‘Nobody left to bank crypto companies’ — Crypto Twitter reacts
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Cryptocoins News
Cryptocoins News / The Cointelegraph - 2 years ago
Biden vows to hold those responsible for SVB, Signature collapse
US President Joe Biden on Twitter said he is "firmly committed" to holding those responsible for the Silicon Valley Bank and Signature Bank collapse "fully accountable."...
Cryptocoins News / The Cointelegraph - 2 years ago
Biden vows to hold accountable those responsible for SVB, Signature collapse
United States President Joe Biden said on Twitter that he is “firmly committed” to holding those responsible for the Silicon Valley Bank and Signature Bank collapse “fully accountable.”...
Cryptocoins News / The Cointelegraph - 2 years ago
OpenSea patches vulnerability that potentially exposed users’ identities
Cybersecurity firm Imperva found a vulnerability that could be used to leak user information such as email addresses and phone numbers, which has now been patched. Non...
Cryptocoins News / CoinJournal - 2 years ago
New York banking authorities shut down crypto-friendly Signature Bank
Key takeaways Crypto-friendly bank Signature Bank has been shut down by New York Banking authorities.& The Federal Reserve said the decision was made to protect the US economy and strengthen public confidence in the banking system. Signatu...
Cryptocoins News / The Cointelegraph - 2 years ago
USDC bounces back toward $1 peg after Fed announcement
Positive developments concerning Circle's $3.3 billion worth of reserves held at Silicon Valley Bank and its new banking partners have seen USDC climb back toward its $1 peg....
Cryptocoins News / The Cointelegraph - 2 years ago
Ripple CEO assures ‘strong financial position’ despite SVB collapse
In a short tweet thread with no specifics, Garlinghouse said the SVB situation would not disrupt daily operations. Ripple CEO Brad Garlinghouse took to Twitter on Marc...
Cryptocoins News / The Cointelegraph - 2 years ago
US Fed announces $25B in funding to backstop banks
The Federal Reserve established a funding program for banks, making $25 billion available to eligible firms in a bid to avoid further banking liquidity issues. Hot on...
Cryptocoins News / The Cointelegraph - 2 years ago
Breaking: Signature Bank closed by New York banking authorities
The New-York-based bank, which is also known to serve a number of crypto firms, was shut down by state regulators, according to a Federal Reserve announcement. New Yor...
Cryptocoins News / The Cointelegraph - 2 years ago
Breaking: Signature Bank closed by New York regulators, citing 'systemic risk'
The New-York-based bank, which is also known to serve a number of crypto firms, was shut down by state regulators, according to a Federal Reserve announcement. New Yor...
Cryptocoins News / The Cointelegraph - 2 years ago
Silicon Valley Bank collapse: Everything that’s happened until now
Events surrounding Silicon Valley Bank are moving fast. Here is a breakdown of the major developments over the last week. The sudden collapse of Silicon Valley Bank (S...
Cryptocoins News / The Cointelegraph - 2 years ago
Bank of London bids to acquire Silicon Valley Bank's UK arm
The global clearing bank is leading a consortium of private equity firms seeking to purchase SVB’s British arm. Global clearing institution Bank of London has submitte...
Cryptocoins News / The Cointelegraph - 2 years ago
U.S. authorities preparing 'material action' to curb SVB contagion
The White House assessed the impact of Silicon Valley Bank’s failure over the weekend with keen attention to venture capital firms and regional banks. United States au...
Cryptocoins News / The Cointelegraph - 2 years ago
How blockchain technology revolutionizes digital ownership?
Blockchain technology transforms digital ownership with secure and transparent ownership tracking. Explore how it establishes proof of digital ownership....
Cryptocoins News / The Cointelegraph - 2 years ago
FDIC bidding for Silicon Valley Bank is in progress: Report
The FDIC reportedly started an auction process late on March 11 for Silicon Valley Bank. Bids were to be open for just a few hours. The United States Federal Deposit...
Cryptocoins News / The Cointelegraph - 2 years ago
Watch these 5 cryptocurrencies for a potential price rebound next week
Bitcoin is trying to sustain above $20,000 and if it succeeds, ETH, MATIC, TON and OKB may witness a strong recovery. Traders dumped risky assets following the crisis...
Cryptocoins News / The Cointelegraph - 2 years ago
UK regulators moving “at pace” to deliver plan for tech firms hurt by SVB collapse
An emergency plan to rescue startups and tech companies affected by the Silicon Valley Bank collapse is underway in the United Kingdom. A plan to rescue startups and t...
Cryptocoins News / The Cointelegraph - 2 years ago
U.S. Treasury Janet Yellen working on SVB collapse, not at bailout: Report
Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse, but not considering a major bailout. United Sta...
Cryptocoins News / The Cointelegraph - 2 years ago
US Treasury Secretary Yellen working on SVB collapse, not a bailout: Report
Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse, but not considering a major bailout. United Sta...
Cryptocoins News / The Cointelegraph - 2 years ago
U.S. Treasury Janet Yellen working on SVB collapse, not a bailout: Report
Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse, but not considering a major bailout. United Sta...
Cryptocoins News / The Cointelegraph - 2 years ago
How and why do stablecoins depeg?
Discover the causes and mechanisms behind stablecoin depegs. Stablecoins are a type of cryptocurrency designed to have a stable value relative to a specific asset or...
Cryptocoins News / The Cointelegraph - 2 years ago
South Korea launches ‘Metaverse Fund’ to expedite domestic initiatives
With the help of the Metaverse Fund, South Korea will support the mergers and acquisitions of various firms from the metaverse ecosystem. While some global economies g...
Cryptocoins News / CoinJournal - 2 years ago
Silvergate Capital, SVB failures weigh on Bitcoin price
Bitcoin finds support at $20k& Many cryptocurrency companies had exposure to SVB& Bitcoin investors should keep an eye on the S&P 500 and the Fed Cryptocurrency investors had a rough 2022. Bitcoin and other major cryptocurrencies tre...
Cryptocoins News / The Cointelegraph - 2 years ago
Over 100 VCs, investors voice solidarity with Silicon Valley Bank
Approximately 125 VCs and investors signed a statement supporting Silicon Valley Bank to limit the fallout of the bank’s collapse and the subsequent impact on tech companies....
Cryptocoins News / The Cointelegraph - 2 years ago
Do Kwon had the right idea, banks are risk to fiat-backed stablecoins: CZ
Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of stablecoins. The death spiral of the Terra eco...
