Silicon Valley Bank Deposits and Loans Bought by First-Citizens Bank
The transaction includes SVB assets worth $72 billion, bought at a discount of $16.5 billion. SVB has 17 branches, $167 ...
More Than 1,200 German Banks To Offer Bitcoin Trading Through dwpbank’s New Platform
Affiliated MLP Banking AG became the first bank to test the digital platform. Tokenized assets and other cryptocurrencies also to ...
Coinbase Halts Support For Signature Bank’s SigNet, Leaving Cryptos In Limbo
SigNet launched in 2019 as a proprietary blockchain-based digital payments platform. Silvergate, the other domino in the recent US banking ...
Failed Signature Bank Cedes Non-crypto Operations To New York Community Bank Flagstar
The lenders' Signet division, which dropped from $30 billion to $4 billion since last year, remains with the FDIC. Signature ...
HSBC’s UK Branch Acquires SVB’s UK Branch For A £1
HSBC's UK subsidiary, HSBC UK Bank, acquires Silicon Valley Bank's UK branch for one British pound. According to the filing, ...
Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors
In a week, three banks key to the crypto sector – Silvergate, Silicon Valley Bank, and Signature – have collapsed. ...
Binance, Coinbase Suspend USDC Conversions After Circle Disclosed Exposure To Failed Silicon Valley Bank
More than $3 billion backing USDC stablecoin is stuck in SVB, which collapsed on Friday. As the industry comes to ...
Silvergate Drops Over 50% In A Trading Day; Sees Its Biggest Clients Halting Business With The Bank
On Wednesday, Silvergate closed the day at $13.53; on Thursday, they closed at $5.75. A 57% loss in 2 days ...
Crypto-Friendly Bank Silvergate Faces Probe For Dealings With Bankrupt FTX
Cryptocurrency-focused bank Silvergate is facing investigation from the US Justice Department for suspicious dealings with FTX and its affiliated Alameda ...
Russia Is Considering Digital Ruble Settlements With China
Russia plans to issue a Central Bank Digital Currency (CBDC), the digital ruble, in mutual settlements with China. Anatoly Askakov ...
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