[Mar 15, 2023 2:00 PM] As the global bank crisis spreads, Credit Suisse Group AG, a Switzerland-based global investment bank and financial services firm, seems to have been caught in the contagion, which could lead to more gains for Bitcoin and the crypto market. The…
[Mar 15, 2023 11:14 AM] The collapse of Signature Bank, Silicon Valley Bank, and Silvergate Bank has had many in the space reeling — but is the U.S. government trying to "choke off digital assets”?
[Mar 15, 2023 8:01 AM] Cointelegraph sat down with activist and cybersecurity expert Chelsea Manning to discuss how blockchain technology can combat challenges associated with artificial intelligence.
[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…
[Mar 15, 2023 1:16 AM] The similarity in the short forms of the two banks — SVB and SVC Bank — caused a mixup among a few Indian citizens as they took up the concern with the Mumbai-based bank.
[Mar 14, 2023 2:00 PM] Shareholders have accused the bank of falsely claiming to be “financially strong” just three days before it was seized by the state regulator.
[Mar 14, 2023 1:30 PM] The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would…
[Mar 14, 2023 1:12 PM] The collapse of Silicon Valley Bank has highlighted just how fragile the legacy financial system is. This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before…
[Mar 13, 2023 4:38 PM] The company disclosed that it has approximately $142 million in cash deposits at Signature Bridge Bank, which was set up by the FDIC after the shutdown of Signature Bank.
[Mar 13, 2023 4:03 PM] “What happened over the last several days was a bit of an ironic black swan situation where the contagion was not from crypto to TradFi,” said Caroline Hill.
[Mar 13, 2023 1:45 PM] Dozens of regional banks saw share price swings that triggered trading halts as banks of all sizes feel the impact of last week’s bank failures.
[Mar 13, 2023 1:30 PM] Christine Okike, a lawyer representing BlockFi at its bankruptcy hearing claimed that BlockFi is not in immediate danger and has sufficient funds to continue operating normally.
[Mar 13, 2023 12:56 PM] “Regulators wanted to send a very strong anti-crypto message,” said former House of Representatives member and Signature Bank board member Barney Frank.
[Mar 13, 2023 10:21 AM] The bitcoin price rocketing to $24,000 amidst the banking crisis is reflecting the world’s need for a sound money alternative.Bitcoin remained resilient in the face of a very hesitant market Monday morning, surging past $24,000. Despite fears that…
[Mar 13, 2023 8:01 AM] Some foresee benefits if the U.S. finally gets sensible crypto regulation post-Silvergate, and traditional banks “may become warmer to establishing [crypto] relationships.”
[Mar 13, 2023 7:38 AM] Silicon Valley Bank was rated as one of the top banks in America for five years running prior to its closure by U.S. regulators in March 2023.
[Mar 13, 2023 2:50 AM] Binance CEO says with recent “changes” in stablecoins and banks, the company’s recovery fund will be converted from BUSD to “native cryptos" such as BTC.
[Mar 12, 2023 7:59 PM] A joint statement ensured that all customer deposits at the respective banks will be honored by the federal government.The U.S. Treasury, Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) announced on Sunday that they would take…
[Mar 12, 2023 5:02 PM] 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.
[Mar 12, 2023 3:14 PM] Events surrounding Silicon Valley Bank are moving fast. Here is a breakdown of the major developments over the course of three days.
[Mar 12, 2023 2:30 PM] After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of fractional-reserve banking. Reports show that SVB suffered a significant bank run after customers attempted to withdraw $42 billion…
[Mar 12, 2023 12:12 PM] The White House assessed the impact of Silicon Valley Bank's failure over the weekend with a keen attention to venture capital firms and regional banks.
[Mar 12, 2023 10:56 AM] The FDIC has reportedly started an auction process on late Saturday for Silicon Valley Bank. Bids are open for just a few hours.
[Mar 12, 2023 9:38 AM] An emergency plan to rescue startups and tech companies affected by the Silicon Valley Bank collapse is underway in the United Kingdom.
[Mar 12, 2023 8:29 AM] 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.
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