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Collapse of Signature Bank
The New York Department of Financial Services (DFS) announced that it has taken possession of Signature Bank, a New York state-chartered commercial bank, to protect depositors.
6 Articles
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Cathie Wood: Fed Policy Was the Primary Culprit of SVB and Signature Bankruptcy
Because of a VC funding drought and higher yields on money market funds, deposits left the US banking system. -
Crypto Evening Briefing: Crypto-Friendly Signature Bank Probed by U.S. DOJ Before Its Collapse
Signature Bank was reportedly the subject of a probe by the United States Department of Justice earlier this week. -
New York’s DFS Takes Possession of Signature Bank to Protect Depositors
Signature Bank, which is FDIC-insured, has total assets of around $110.36 billion and total deposits of about $88.59 billion as of December 31, 2022. -
Crypto Evening Briefing: Houbi Cut Ties With Signature Bank and Silvergate Before Their Collapse
Huobi disclosed to Reuters that its customers’ funds remain unaffected by the recent banking crisis in the USA since it has previously transferred all its assets from Silvergate and Signature Bank to other monetary institutions. -
Tether Doesn’t Have Any Exposure to Signature Bank
Tether doesn't have any exposure to Signature Bank. -
Crypto Morning Briefing: Kraken Pulling Back From Using Signature Bank
Magic Eden Launches 'Mint Madness' With Free Web3 Gaming Mints; The Next Bicasso: Binance NFT Releases AI-Powered NFT Generator; Robinhood, Polygon, 0x Labs Simplifies Crypto Trading, ZRX Zooms 20%; Chainlink Targets Web 2.0 Developers With New Platform Launch -
