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Banks
More 186 US banks well-positioned for collapse, SVB analysis reveals
Rising interest rates, which brought down the U.S. banking system’s market value of assets by $2 trillion, combined with a large share of uninsured deposits at some U.S. banks, threatens their stability. 1134 Total views 35 Total…
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 bottom” of the banks’ failures. 895 Total views 20 Total shares Own this piece of history Collect this article as an…
DeFi sees its biggest hack in 2023 as Euler loses $197M: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The DeFi ecosystem was once again an exploiter’s paradise this…
US Bank collapse – was crypto being targeted?
The latest episode of Decentralize with Cointelegraph unpacks whether U.S. regulators are targeting the crypto ecosystem through closure of SVB and Signature Bank. Own this piece of history Collect this article as an NFTSignature Bank in…
Crypto firms may turn to ‘shadow banks’ following major collapses — Molly White
Speaking at the SXSW conference in Austin, Molly White compared crypto companies' current predicament to that in 2017 and 2018, when they had “trouble accessing banking”. 264 Total views 1 Total shares Own this piece of history…
Signature Bank and former executives sued by shareholders for alleged fraud
Shareholders have accused the bank of falsely claiming to be “financially strong” just three days before it was seized by the state regulator. Own this piece of history Collect this article as an NFTOn March 14, a class action lawsuit…
Recent contagion was ‘TradFi to crypto’ and not vice versa — Circle policy director
“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. 138 Total views 2 Total shares Own this piece of history Collect this…
US bank bloodbath: Bitcoin hits $23.7K as BTC price analyst calls SVB dip ‘bear trap’
Bitcoin (BTC) hit its highest since the start of the month on March 13 as U.S. bank stocks saw the largest mass halt in history.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBTC price sees “phenomenal” reboundData from…
Silicon Valley Bank collapse: Everything that’s happened until now
The sudden collapse of Silicon Valley Bank (SBV) has quickly unfolded over the course of three days, depegging stablecoins, leading regulators in the United States and United Kingdom to prepare emergency plans and raising fears among small…
Bank of London bids to acquire Silicon Valley Bank’s UK arm
The global clearing bank is leading a consortium of private equity firms seeking to purchase SVB's British arm. 1039 Total views 3 Total shares Own this piece of history Collect this article as an NFTGlobal clearing institution Bank…
