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Bitcoin Open to a Bank Run, Smaller Parties Vulnerable to Death Spiral Event

[Nov 23 3:50 PM] Justin Bons, founder and CIO of Cybercapital, a European cryptocurrency fund, alerted about the vulnerability of smaller parties in the case of a bitcoin bank run. A price drop event would trigger the hypothetical event, forcing miners to shut down…

Evergrande’s Economic Tremors Trigger Bank Run in Northern China

[Oct 16, 2023 5:30 PM] Several reports say that the major Chinese real estate developer Evergrande’s downfall triggered a bank run in northern China last week. The bank run began after rumors spread that the financial institution, Bank of Cangzhou, allegedly loaned…

Three Reasons Behind Bitcoin's 2023 Resurgence

[Jun 4, 2023 6:00 AM] This is an opinion editorial by Chen Fang, the COO of BitGO, a Bitcoin-focused regulated custody and financial services firm.A challenging 2022 prompted Bitcoin skeptics to gleefully say “I told you so” and declare that Bitcoin was dead and buried…

Is Your Money Safe During The Banking Crisis?

[May 9, 2023 6:00 AM] This is an opinion editorial by Brad Mills, host of the Magic Internet Money Podcast and an investor in several Bitcoin-focused projects.Big banks are failing. Credit Suisse, one of the largest globally-systemic important banks (G-SIBs) in the…

Bitcoin And The Banking Crisis: Can Decentralization Counter The Traditional Economy’s Failures?

[Apr 4, 2023 6:00 AM] As financial institutions’ “too big to fail” mindset erodes, can Bitcoin’s pioneering decentralization save our wealth? This is an opinion editorial by Nikolay Denisenko, co-founder and CTO of Brighty, a Swiss crypto and fiat banking appFor years�

In The Face Of Banking Crisis, The Bitcoin Price Rise Is Proving Us Right

[Mar 29, 2023 11:04 AM] The bitcoin price, rising in the face of an ongoing banking crisis, appears to vindicate what Bitcoiners have known all along. This is an opinion editorial by Robert Hall, a content creator and small business owner.The events of the last few weeks…

How Will Bitcoin Adapt To Banking Uncertainty?

[Mar 24, 2023 6:00 AM] As some of the cryptocurrency industry’s go-to banks failed, Bitcoin’s importance was on display while its on and off ramps suffered.This is an opinion editorial by Karen Shidlo, a blockchain-focused content creator.The recent news of Silvergate…

Google Trends Data Reveals Searches for ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket

[Mar 19, 2023 11:30 AM] Interest in the U.S. banking crisis has risen greatly over the past two weeks, as shown by Google Trends data. There has been a sharp increase in queries related to search terms such as “banking crisis,” “bank collapse,” and…

As The U.S. Sees Its Second-Biggest Banking Collapse Ever, Bitcoin Is Just Becoming Stronger

[Mar 16, 2023 8:45 AM] As the U.S. witnessed one of the largest banking collapses in its history, Bitcoin is being innovated upon and seeing its network grow. This is an opinion editorial by Carlos Cardenas, an institutional account manager who has worked at legacy banks…

Bank Runs Like These Are The Reason Bitcoin Exists

[Mar 15, 2023 7:49 AM] We may be heading into another financial crisis, government bailouts for reckless banks included. Bitcoin exists to fix this. This is an opinion editorial by Julian Liniger, the co-founder and CEO of Relai, a bitcoin-only investment app.‘On The…

Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company

[Mar 11, 2023 4:30 PM] After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the company’s U.K.-based arm. The central bank explained that it intends to place the subsidiary into bank insolvency procedures. Fallout From…

‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion

[Mar 11, 2023 2:30 PM] Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged…

US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington Mutual

[Mar 10, 2023 12:10 PM] After Silicon Valley Bank (SVB) experienced financial turmoil, the U.S. Federal Deposit Insurance Corporation (FDIC) and the California Department of Financial Protection and Innovation closed the financial institution. Insured depositors can…

Silvergate Solvency In Question As Crypto Banking Troubles Brew

[Mar 7, 2023 2:00 AM] Silvergate clients flee as stock price plummets and regulatory questions mount across the industry. Options for crypto banking partners are dwindling.The article below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's…

Binance withdrawals and BUSD redemptions surge post Paxos crackdown

[Feb 13, 2023 11:22 PM] Net outflows at the cryptocurrency exchange hit $788 million over the last 24 hours, however, Binance told Cointelegraph that "Funds are SAFU."

CoinList addresses 'FUD' on withdrawals, cites technical issues for delays

[Nov 24, 2022 11:36 PM] CoinList blamed “custodian issues” with one suffering an outage affecting “many tokens” on the platform as the reason for reported withdrawal problems.