FDIC sells Signature Bank deposits to Flagstar, crypto not included
The 40 branches of Signature Bank will officially reopen and operate as Flagstar Bank on March 20. Only a week...
Year: 2023
Bitcoin ATM maker shuts cloud service after user hot wallets compromised
Bitcoin ATM manufacturer General Bytes said a hacker was able to install and run a Java application in its terminals...
Midsize US Banks Ask Regulators to Extend FDIC Insurance to All Deposits for 2 Years Before Another Bank Fails
The Mid-Size Bank Coalition of America has asked federal regulators to extend FDIC insurance to cover all deposits for the...
US Lawmaker Urges Government to Guarantee All Deposits to Avoid Runs on Smaller Banks
A U.S. congressman has urged the federal government to temporarily insure every bank deposit in the country. Following the collapses...
US Senator Calls for Investigation Into Bank Failures — Says Fed Chair Powell ‘Bears Direct Responsibility’
U.S. Senator Elizabeth Warren has called for a “thorough, independent investigation of the causes” that led to the failure of...
Fed, central banks enhance ‘swap lines’ to combat banking crisis
Currency swap lines have been used during times of crisis in the past, such as the 2008 global financial crisis...
Venezuela overhauls national crypto department
A new board will lead the reorganization, headed by Anabel Pereira Fernández. The new team excludes Joselit Ramirez, who led...
‘Self-Custody Should Mean the Ownership of Everything About You’ Says Sharering’s Tim Bos
According to Sharering, a blockchain-based platform enabling the creation and use of “self-sovereign” verifiable credentials, millions of potential world wide...
Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on Sunday
Bitcoin reached a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time as the leading cryptocurrency...
Google Trends Data Reveals Searches for ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket
Interest in the U.S. banking crisis has risen greatly over the past two weeks, as shown by Google Trends data....
Bitcoin hits $28k as uncertainty surrounds banks
Bitcoin's price surged to surpass the $28,000 zone, marking a 16% boost in value in the past 7-days Bitcoin (BTC)...
UBS Group doubles offer and acquires Credit Suisse for $2B
Swiss authorities agreed to change the country's regulations to bypass a shareholder vote and announce the deal over the weekend....
Bitcoin Price Prediction for Today, March 19: BTC/USD Trades Above $27,700; Time to Resume Higher?
Looking at the daily chart, the Bitcoin price prediction is showing positive signs, and it is likely to accelerate further...
DefiLlama forked as internal dispute unfolds
A disagreement over the launch of a LLAMA token led core employees to fork DefiLlama blockchain on March 19. A...
SBF shilled FTX risk model to FDIC chairman Gruenberg prior to collapse
The invitation was mediated by former CFTC Commissioner Mark Wetjen, who joined FTX US as the head of policy and...
