Ada Cardano finally gets fiat-backed stablecoin USDM after huge delays Mehen Finance planned to launch USDM in early 2023 but saw delays after crypto-friendly banks shuttered in 2023 and its ... By VirtualCoinCapMarch 18, 2024
Elizabeth Warren Warren’s alleged work with short-seller shows anti-crypto army heating up June 3, 2023
Former House Rep blames industry outsiders for associating crypto with bank’s failure According to Barney Frank, Signature Bank’s only issue prior to regulators seizing control in March was “crypto-fear-inaccurate ... By VirtualCoinCapMay 31, 2023 Banks
US regional bank shares sink despite Fed calling banking system ‘sound’ PacWest Bancorp was the hardest hit bank after-hours on May 3, falling over 50% following a reported ... By VirtualCoinCapMay 4, 2023 crypto twitter
Fed, NYDFS assess their supervisory performance after March’s big bank failures Internal reviews of the supervision of Silicon Valley Bank and Signature Bank have been released, showing weaknesses ... By VirtualCoinCapApril 28, 2023 Banking
‘Ludicrous’ to think Signature Bank’s collapse was connected to crypto, says NYDFS head The superintendent of the New York Department of Financial Services reportedly dismissed claims the U.S. government was ... By VirtualCoinCapApril 5, 2023 Banks
Tether ‘unequivocally reiterates’ no exposure to Signature Bank The stablecoin provider denied the allegations that began to surface in regard to its exposure to the ... By VirtualCoinCapApril 5, 2023 bankruptcy
Stablecoin issuer Tether accessed US banking system using Signature: Report At the time New York regulators took control of Signature in March, there was reportedly a system ... By VirtualCoinCapApril 4, 2023 Banks
Traditional banks rely on ‘tiny buffer’: Paris Blockchain Week 2023 Signature Bank is the best place for crypto banking, even if it goes bankrupt, Woorton co-founder Zahreddine ... By VirtualCoinCapMarch 22, 2023 Banking
Yellen defends government intervention to avoid another SVB The U.S. Treasury Secretary Janet Yellen said the federal government would intervene if necessary to protect other ... By VirtualCoinCapMarch 21, 2023 Banking
US exploring ways to guarantee the country’s 18T of bank deposits: Report The current deposit insurance cap under the FDIC is $250,000, but recent banking collapses have seen calls ... By VirtualCoinCapMarch 21, 2023 FDIC
Coinbase pauses support for Signature Bank’s Signet: Report The U.S. crypto exchange was reportedly looking for another payment network provider and waiting on the outcome ... By VirtualCoinCapMarch 20, 2023 Banks
In the aftermath of banks’ horrorshow: Law Decoded, March 13–20. A week after the twinning collapse of Silicon Valley Bank (SVB) and Signature Bank, and the trouble ... By VirtualCoinCapMarch 20, 2023 Banks
Bank collapses are spurring interest in self-custody startups The implosions of Signature Bank and Silicon Valley Bank are giving self-custody startups an opportunity to prosper. By VirtualCoinCapMarch 20, 2023 Banking
FDIC sells Signature Bank deposits to Flagstar, crypto not included The 40 branches of Signature Bank will officially reopen and operate as Flagstar Bank on March 20. By VirtualCoinCapMarch 20, 2023 Deposits
Fed, central banks enhance ‘swap lines’ to combat banking crisis Currency swap lines have been used during times of crisis in the past, such as the 2008 ... By VirtualCoinCapMarch 20, 2023 Bank Funding Program
Bitcoin market cap grows 60% in 2023 as top Wall Street banks lose $100B Bitcoin has decoupled from stocks and continues to rise 10 years after the Cyprus banking crisis coincided ... By VirtualCoinCapMarch 18, 2023 Bank of America
Congress announces March 29 hearing into failures of SVB and Signature Bank According to the House Financial Services Committee, it expects to hold multiple hearings on “getting to the ... By VirtualCoinCapMarch 17, 2023 Banks
Crypto Biz: SVB collapses, USDC depegs, Bitcoin still up Turmoil in traditional finance spilled over into Bitcoin and crypto markets, forcing federal regulators to step in. By VirtualCoinCapMarch 17, 2023 Circle
Did regulators intentionally cause a run on banks? Silicon Valley Bank and Silvergate Bank were crucial to many in the cryptocurrency industry, and it’s fueling ... By VirtualCoinCapMarch 17, 2023 Signature Bank
Mastercard releases New Job Listings for upcoming Crypto Wallet Projects September 30, 20192937 views