Flagstar Takes Over Signature, Minus Its Crypto Business
Following an unsuccessful first attempt by the FDIC to find a buyer for Signature Bank, the latter placed in receivership by the fiscal authority will be bought out by Flagsta Bank – a subsidiary of New York Community Bancorp, Inc.
Fed, Central Banks Enhance ‘Swap Lines’ To Combat Banking Crisis
The United States Federal Reserve has announced a coordinated effort with five other central banks aimed at keeping the U.S. dollar flowing amid a series of banking blowups in the U.S. and in Europe.
Crypto Evening Briefing: Silicon Valley Bank's Parent Company Files for Bankruptcy
Silicon Valley Bank's parent company SVB Financial Group (SIVB) has filed for Chapter 11 bankruptcy protection.
Silicon Valley Bank's Parent Company Files for Bankruptcy
Silicon Valley Bank's parent company SVB Financial Group (SIVB) has filed for Chapter 11 bankruptcy protection.
NFT Trading Plummets Following SVB Crisis: Report
There were only 11,440 active non-fungible token (NFT) traders on 11 March, the day after the Federal Deposit Insurance Corporation (FDIC) took control of Silicon Valley Bank (SVB). It was the lowest count since 20 November 2021.
Here’s What On-Chain Data Tells Us About Crypto’s Reaction to the Demise of Silicon Valley Bank And USDC’s Depegging
Below, we’ll look at a few data points that explain what happened over the weekend and what could be in store for crypto in the near future.
Restoring Confidence and Accountability in the Financial Industry with Blockchain
Blockchain technology has been hailed as a revolutionary development in the world of finance, offering a decentralized system of record that is transparent, immutable, and tamper-proof. This system of record allows financial institutions to create a transparent and secure environment that can help to restore trust and accountability in the financial sector.
Bank Runs, USDC Depeg, Bailouts, and The Strengthening Case for Crypto
Making sense of what was happening over the weekend.
Banking Contagion Sparks Crypto Frenzy: Investors Rush to ‘HODL’ Bitcoin and Ethereum
After the widely publicized collapse of the Silicon Valley Bank (SVB), accompanied by two other major banking institutions crashing and more at risk, investors seem to be increasingly flocking to the alternative solution – cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).
Market Byte: Caught in the Balance – U.S. Banks, Stablecoins, & Crypto Markets
The impact of the closure of these banks highlights a key difficulty of operating a business within or adjacent to the crypto ecosystem: the difficulty of finding reliable banking partners.
