USDC Survives Silicon Valley Bank Collapse and Clears Backlog

Circle, the issuer of USDC, announced that they had cleared all the backlog of minting and redemption. The stablecoin got depegged over the weekend. The post USDC Survives Silicon Valley Bank Collapse and Clears Backlog appeared first on BeInCrypto. дальше »

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В Morgan Stanley заявили, что биткоин испытывает негативное влияние от проблем с банками США

Банковский сектор США продолжает лихорадить. Банк Morgan Stanley полагает, что связь биткоин-сферы с классическими банкам США играет в минус криптовалюте №1. Напомним, что за последние дни с банковского сегмента ушли три банка, Silvergate Capital, Silicon Valley Bank и Signature Bank, в которых держали счета несколько тысяч компаний, работающих в сфере криптовалют. ФРС США и Минфин […] дальше »

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Stop Blaming Crypto for Traditional Finance Failures

After the recent collapse of three banks – Silicon Valley Bank, Silvergate Bank and Signature Bank – many pointed fingers at crypto as the cause. But crypto may actually be the solution, not the problem. дальше »

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Акционеры Silicon Valley подали коллективный иск к администрации банка за мошенничество

Глава Silicon Valley Bank (SVB) Грег Беккер и финансовый директор Дэниел Бек стали фигурантами коллективного иска акционеров банка по подозрению в злоупотреблении служебным положением. дальше »

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Blame traditional finance for the collapse of Silicon Valley Bank

Silicon Valley Bank’s downfall was a product of traditional finance — critics shouldn’t conflate the issue with cryptocurrency.

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Congressman Emmer attacks FDIC for ‘weaponizing’ bank closures to attack crypto

Tom Emmer, Republican Congressman for Minnesota, wrote a letter to the Chairman of the Federal Deposit Insurance Corporation (FDIC), Mark Gruenberg, on March 15 expressing his concerns about the recent closures of digital asset and tech-centered banks like Silvergate, Signature Bank, and Silicon Valley Bank. дальше »

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How The USDC Depeg Will Impact DeFi, Expert Explains

Following the closure of Silicon Valley Bank (SVB), the value of the world’s fifth-largest cryptocurrency, USD Coin (USDC), plummeted to an all-time low on Saturday. The U. S. -based company behind the coin, Circle, revealed that $3. дальше »

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Justin Sun traded USDC fear after SVB collapse

At the height of USD Coin (USDC) panic — when news broke that much of its backing was stuck in recently-collapsed Silicon Valley Bank — Tron (TRX) founder Justin Sun traded millions of USDC. дальше »

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Senator Warren says Fed chair 'has to recuse himself' from reviewing regulatory failures

Jerome Powell called for a “thorough, transparent, and swift review” of the Federal Reserve's supervision and regulatory activities following Silicon Valley Bank's closure. дальше »

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Как трейдеры использовали ситуацию с коллапсами банков в свою пользу?

Еще три недели назад, в последнюю неделю февраля, автор популярной экономической рассылки The Diff с 48 тыс. подписчиков Бирн Хобарт выступил с предупреждением — он описал вероятный сценарий краха банка Silicon Valley Bank (SVB). дальше »

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US lawmaker accuses FDIC of using banking instability to attack crypto

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”? дальше »

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Clara Medalie: Bitcoin and Nasdaq’s correlation is at its lowest since FTX collapse

Clara Medalie, director of research at digital assets data provider Kaiko, says Bitcoin (BTC/USD) is currently showing the least correlation with Nasdaq. Medalie shared her market outlook during an interview with CNBC, where she highlighted Bitcoin’s latest rally in the aftermath of major shockwaves in the banking sector as crypto-friendly banks Silvergate Bank, Silicon Valley […] The post Clara Medalie: Bitcoin and Nasdaq’s correlation is at its lowest since FTX collapse appeared first on Invezz. дальше »

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SVB and FTX-backed Chipper Cash contemplates sale or new investor

Chipper Cash, an African fintech company backed by Silicon Valley Bank and the defunct crypto exchange FTX, is reportedly considering various strategic moves, including a potential sale or attracting new investors. дальше »

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Circle CEO: $3.3 Billion stuck at SVB may be recoverable

Circle CEO Jeremy Allaire confirmed that the firm has accessed the funds stuck at Silicon Valley Bank Allaire believes the $3. 3 billion stuck in SVB will be fully recovered Jeremy Allaire, tThe post Circle CEO: $3. дальше »

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Signature в каскаде банковских катастроф: что ждет криптоиндустрию дальше

Март 2023 года стал сложным месяцем для банков, работающих в криптоиндустрии. О прекращении операций уже объявили Silvergate, Signature и Silicon Valley. Что ждет криптоинвесторов на фоне этих событий? дальше »

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First Mover Asia: Bitcoin Holds Near $25K as Investors Remain Upbeat About Inflation Data, Fed Rate Hikes

ALSO: Two prominent crypto executives say the industry must learn from the failings of Signature, Silicon Valley and Silvergate banks if it hopes to develop productive banking relationships. Ether and other cryptos also rise. дальше »

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Crypto Must Do Better to Be Banked, Say Industry Executives

The downfall of Silvergate, Signature and Silicon Valley banks have wounded digital assets. But crypto might one day work with big banks if the industry can mature, WAX CEO William Quigley and Maicon CEO Alex Liu suggested. дальше »

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Here are the biggest losers in the US banking crisis

There was a panic in the financial markets when Silicon Valley Bank collapsed under the pressure of large-scale withdrawals by depositors. дальше »

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The Latest Banking Crisis Is Why I Save In Bitcoin

The collapse of Silicon Valley Bank has highlighted just how fragile the legacy financial system is. дальше »

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Hedge fund legend Ken Griffin knocks US SVB depositor save

Hedge fund billionaire Ken Griffin was critical of how the U.S. government saved the depositors at Silicon Valley Bank (SVB), and thinks that is is a lesson in the moral hazard that exists in today's global marketplace. дальше »

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Ex-Ripple Advisor Appointed by Fed to Watch Over Failed Silicon Valley Bank (SVB)

Michael Barr will lead supervision of collapsed Silicon Valley Bank (SVB) on Fed's side дальше »

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Crypto market bounces back as data indicates possible bull run

The crypto market just pulled off a miraculous recovery to $1 trillion in the face of a major crisis. The Silicon Valley Bank (SVB) meltdown was contained thanks to some swift action from US financial regulators. Bitcoin (BTC) led the… дальше »

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FDIC plans second SVB auction after first failed attempt 

The US Federal Deposit Insurance Corporation (FDIC) is looking to make another attempt at auctioning assets of collapsed Silicon Valley Bank (SVB) after failing to find a buyer the first time.  According to the Wall Street Journal, the FDIC informed… дальше »

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What next after SVB collapse? 30% chance of interest rate cuts by the summer

That escalated quickly.   Silicon Valley Bank (Nasdaq: SIVB) is no more, the biggest banking casualty since Lehman Brothers shocked the world in 2008. In came the US administration, pulling out emergency stops to stave off the crisis – in the short term, at least. дальше »

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JPMorgan and Citigroup Juggling New Account and Deposit Requests as Smaller Banks Drown

With the demise of Silicon Valley Bank and Signature, customers are flocking to major US banks to transfer money from smaller lenders. According to executives cited by The Financial Times, this is the largest shift of deposits in more than ten years. дальше »

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Biden urges US citizens to trust banks amid ongoing collapse

Following the Silicon Valley Bank collapse, US President Joe Biden sought to portray calm on March 13 by assuring US citizens that the country’s financial and banking systems are secure.  In a move that has sent shockwaves throughout the banking… дальше »

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Banking Crisis Sparks Increased Interest in DEX and CEX Tokens

Investors are flocking to crypto alternatives following the banking crisis, involving banks such as Silicon Valley Bank and Signature Bank. The post Banking Crisis Sparks Increased Interest in DEX and CEX Tokens appeared first on BeInCrypto. дальше »

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Prompt Regulator Action And Stablecoin Issuer Assurances See USDC Repeg

A March 12, 2023, joint statement by the Department of the Treasury, Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) advised that depositors for both the Signature Bank, New York and Silicon Valley Bank, Santa Clara, California, will have access to their money effective March 13, 2023. On March 13, 2023, the Bank of […] дальше »

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FDIC Planning to Try Auctioning Silicon Valley Bank Again: WSJ

The designation of SVB’s failure as a potential systemic threat gives the FDIC more options to sell the bank. дальше »

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Ripple’s Top Lawyer Heaps Praise on Lawmaker Over SVB Bailout

Stuart Alderoty, Ripple's general counsel, has taken to Twitter to praise California congressman, Ro Khanna, for his efforts in protecting depositors at Silicon Valley Bank (SVB) following its sudden collapse дальше »

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U.S. Fed’s Supervision Chief Investigating What Happened With Silicon Valley Bank

Michael Barr, the vice chairman responsible for bank supervision and regulation at the U.S. Federal Reserve, is examining how the regulated Silicon Valley Bank met with its rapid collapse last week. дальше »

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Bitcoin soars as Silicon Valley Bank depositors get a regulatory lifeline

BTC's price jumps by almost 10% in the last 24 hours. This is due to the decision by U.S. regulators to protect all customer deposits at failed Silicon Valley Bank (SIVB). Following the deciThe post Bitcoin soars as Silicon Valley Bank depositors get a regulatory lifeline appeared first on AMBCrypto. дальше »

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Ripple Reassures Investors Over Its Financial Strength Despite Having Exposure To Silicon Valley Bank

Ripple CEO Brad Garlinghouse on Sunday disclosed exposure to Silicon Valley Bank. While Garlinghouse declined to say how much capital was held at the fallen bank, he assured investors that the company remains strong. дальше »

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Silicon Valley Bank and Signature Bank Reignite ‘Moral Hazard’ Dilemma Bitcoin Was Designed to End

A debate from the 2008 financial crisis resurfaces as the FDIC intervenes to help two troubled institutions with crypto connections, says CoinDesk's David Z. Morris. дальше »

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Silicon Valley Bank's Parent Looking at Strategic Alternatives

The SVB Financial Group appointed a restructuring committee for its venture capital and investment banking arm. дальше »

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Does Silicon Valley Bank’s failure signal the second Great Financial Crisis?

The US financial and banking system was rocked by the largest bank failure since the 2008 Great Financial Crisis which begs the question if we are on the brink of a new crisis. According to Brad McMillan, Chief Investment Officer for Commonwealth Financial Network, the answer is no. дальше »

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Biden Speech Pushes Bitcoin Over $24,000 as Banks Halt Trading

President Joe Biden said Signature Bank and Silicon Valley Bank depositors' money will be available today. The post Biden Speech Pushes Bitcoin Over $24,000 as Banks Halt Trading appeared first on BeInCrypto. дальше »

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Власти США начинают печатать деньги и запускают ралли биткоина

Биткоин отреагировал бычьим ралли на новость о том, что власти США предоставили ликвидность для спасения вкладчиков банков Silicon Valley и Signature Bank. Волатильность на рынке связана с тем, что два банка стали жертвами ястребиной политики ФРС США, которая уже год как неуклонно продолжает повышать процентную ставку. дальше »

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MKR sees green as regulators move to restore deposits at failed SVB

Following the announcements to make Silicon Valley Bank (SVB) depositors whole, MKR's price rallied by double digits. Due to DAI depeg, MakerDAO's fee income slipped by 10% over the weekend. дальше »

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Global Crypto Market Cap Surges Above $1 Trillion As Bitcoin Makes Bullish Comeback

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Silicon Valley Bank collapsed. Here are the companies affected

Silicon Valley Bank (SVB) took center stage as reports revealed that the bank had shut down, sparking widespread panic. The crypto scene took a hit as well, compounding the already existing fear among investors. But what happened, and how is… дальше »

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Circle partners with Cross River as other banks collapsed

Circle has partnered with Cross River as regulators shut down Silicon Valley Bank and Signature. The partnership ensures that USDC maintains its 1:1 peg to the US dollar. Circle, one of the largest stablecoin issuers in the crypto ecosphere, announced… дальше »

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Цена биткоина на Binance резко подскочила до $50 000 после того, как сорвалась привязка USDC

Рыночный ажиотаж, начавшийся после краха Silicon Valley Bank, толкает цену BTC вверх, но при этом остаются некоторые жертвы. Паника, вызванная отступлением USD Coin (USDC) от доллара США, проявилась в неправильном порядке, стоившем трейдерам $50 000 за биткоин хотя и в течение нескольких минут. дальше »

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Крах Silicon Valley Bank: Всё, что произошло до сих пор

События вокруг Silicon Valley Bank развиваются стремительно. Ниже приводится обзор основных событий за последнюю неделю. Внезапный крах Silicon Valley Bank (SVB) быстро развивался в течение последней недели, обесценивая стабильные монеты, заставляя регуляторов в США и Великобритании готовить планы действий в чрезвычайных ситуациях и вызывая опасения среди малого бизнеса, венчурных капиталистов и других вкладчиков, чьи средства […] Материал Крах Silicon Valley Bank: Всё, что произошло до сих пор появился сначала на WHATTONEWS – Новости криптовалют. дальше »

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Ripple CEO admits company held ‘some’ cash in Silicon Vally Bank

Ripple’s Brad Garlinghouse has revealed that the project had some exposure to the embattled Silicon Valley Bank (SVB), but the company expects no disruption to its daily operations. Ripple, the issuer of the XRP, has hinted that it held some… дальше »

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Circle says USDC operations unaffected by SVB, Signature closures

The closure of Silicon Valley Bank and Signature Bank won’t affect Circle’s USDC operations. The post Circle says USDC operations unaffected by SVB, Signature closures appeared first on CryptoSlate. дальше »

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Пять криптовалют, которые могут подорожать на следующей неделе

Биткоин пытается удержаться выше $20 000, и если ему это удастся, то ETH, MATIC, TON и OKB могут стать свидетелями сильного восстановления. Трейдеры сбрасывали рискованные активы после кризиса и краха Silicon Valley Bank. дальше »

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HSBC купил британское подразделение Silicon Valley Bank за 1 фунт стерлингов

Крупнейший по объему активов банк Великобритании HSBC заявил о покупке британского подразделения рухнувшего Silicon Valley Bank &#40;SVB UK&#41; за 1 фунт стерлингов &#40;$1,21&#41;.<br /> дальше »

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Экстренное заседание ФРС может обернуться пампом рынка криптовалют

Участник криптоиндустри Джеймс Булл написал в Твиттере*, что итоги экстренного заседания ФРС, запланированного на понедельник 13 марта, могут существенно повлиять на рынок криптовалют. Булл считает, что финансовые власти могут снизить процентные ставки, чтобы защитить банки от проблем, с которыми столкнулся Silicon Valley Bank. дальше »

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Coinbase CEO ponders banking features after Silicon Valley Bank crisis

Coinbase CEO Brian Armstrong says the exchange has previously considered adding features to become a neo-bank of sorts.

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