Cryptocoins News / Blockchain - 2 years ago
Anchorage Digital has laid off 75 employees, citing regulatory uncertainty and market volatility. The crypto bank expressed confidence in the digital asset landscape but acknowledged headwinds for its business and the crypto industry. (Read More)
Cryptocoins News / The Cointelegraph - 2 years ago
It’s unclear whether Anchorage Digital’s layoffs relate to the current turmoil in the United States banking sector. Crypto bank Anchorage Digital has announced it woul...
Cryptocoins News / The Cointelegraph - 2 years ago
Contrasting Warren’s statements against crypto auditors, numerous members highlighted the ongoing collapse of Silicon Valley Bank (SVB), a Federal Deposit Insurance Corporation-insured ba...
Cryptocoins News / CoinJournal - 2 years ago
FDIC closed Silicon Valley Bank today and took control of its deposits.
Austin Campbell says it could actually be a benefit for Signature Bank.
Shares of Signature Bank ended more than 20% down on Friday.
Shares of Signature Bank (NYSE: SBNY) ended...
Cryptocoins News / CoinJournal - 2 years ago
Silvergate shares fell sharply after news the crypto-friendly bank would be winding down operations.
The company says it will issue full repayments of all customer deposits.
Silvergate has been in trouble since late 2022 following the collapse of cr...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin crashes through US$22,000 floor as failure of Silvergate crypto bank hits market& & Yahoo FinanceBitcoin below US$22,000 as failure of Silvergate hits market& & Forkast NewsSilvergate Collapse Dragging Down Bitcoin Volume& & CoinDesk
Bitcoin News / Google News Bitcoin - 2 years ago
‘Devastating Investor Carnage’—Ex-SEC Offical Issues ‘Inevitable’ Crypto Bank Run Prediction After Huge Bitcoin And Ethereum Price Crash& & Forbes
Cryptocoins News / Finance Magnates - 2 years ago
<p>Kraken, one
of the major cryptocurrency exchanges, confirmed its plans to launch a crypto
banking suite in the foreseeable future. The move was first announced in 2020,
and the idea is now reappearing amid recent regulatory issues in the Uni...
Bitcoin News / Bitcoin Magazine - 2 years ago
Silvergate clients flee as stock price plummets and regulatory questions mount across the industry. Options for crypto banking partners are dwindling.The article below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's pr...