by COINS NEWS - 1 year ago
Buckle up, it could get real bumpy soon. Direct link to study: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4387676 submitted by /u/bushchook83 [link] [comments]
Cryptocoins News / Blockchain - 1 year ago
NFT trading volumes dropped from $74 million to $36 million after the collapse of Silicon Valley Bank. Daily NFT sales count also fell by 27.9% between March 9 and March 11, and active NFT traders hit a low of 11,440 on March 11, the lowest recorded...
Cryptocoins News / The Cointelegraph - 1 year ago
The collapse of FTX led to a similar exodus from centralized exchanges, as users worried they may lose access to funds during crises. The collapse of Silicon Valley Ba...
Cryptocoins News / The Cointelegraph - 1 year ago
The fire lit by Silvergate Bank and Silicon Valley Bank will make it harder for crypto to find financial partners. The collapse of Silicon Valley Bank (SVB) and Silver...
Cryptocoins News / Blockchain - 1 year ago
The DoJ and SEC have started investigations into the sudden collapse of Silicon Valley Bank and the stock sales made by its financial officers leading up to its closure. The probes are in their early stages and may not result in charges or allegation...
Cryptocoins News / The Cointelegraph - 1 year ago
Silicon Valley Bank’s downfall was a product of traditional finance — critics shouldn’t conflate the issue with cryptocurrency. The entire banking concept is based on...
Bitcoin News / Bitcoin.com - 1 year ago
According to reports, Shanghai Pudong Development Bank may acquire the China-based subsidiary of Silicon Valley Bank (SVB). Authorities in the Chinese city of Shanghai reportedly back the acquisition, which may help minimize the impact of SVB’s...
Cryptocoins News / The Cointelegraph - 1 year ago
Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing market share to its competitor USDT. Circ...
Bitcoin News / Bitcoin.com - 1 year ago
The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would l...
Cryptocoins News / The Cointelegraph - 1 year ago
Bank forecasting needs to become more than a “check-the-box” motion for regulatory compliance. It needs to be treated as a strategic decision-making tool. Traditional...
Cryptocoins News / Finance Magnates - 1 year ago
<p>Centralized
exchange trading volumes for the USDC/USDT <a href="https://www.financemagnates.com/terms/s/stablecoin/" class="terms__main-term" id="e84b040e-4d12-499b-99bf-8ba75ea058ca" target="_blank"...
Bitcoin News / Bitcoin.com - 1 year ago
The British government and the central bank, the Bank of England, have facilitated a private sale of Silicon Valley Bank UK to HSBC, according to Chancellor of the Exchequer Jeremy Hunt. He stressed that “Deposits will be protected, with no taxpayer...
Cryptocoins News / The Cointelegraph - 1 year ago
Federal Reserve chair Jerome Powell said a “careful and thoughtful” review is needed to understand how the bank collapsed under its watch. The Federal Reserve is inves...
Cryptocoins News / The Cointelegraph - 1 year ago
Regulators are planning another auction for Silicon Valley Bank after the previous attempt to find a new owner failed. Silicon Valley Bank (SVB) could be returning to...
Cryptocoins News / The Cointelegraph - 1 year ago
Christine Okike, a lawyer representing BlockFi at its bankruptcy hearing, claimed that BlockFi is not in immediate danger and has sufficient funds to continue operating normally....
Cryptocoins News / The Cointelegraph - 1 year ago
The class-action suit was filed against Silicon Valley Bank, CEO Greg Becker and chief financial officer Daniel Beck. A group of shareholders have reportedly filed a l...