US Senator Lummins Lambasts Signature Bank Exec For Blaming Collapse On Crypto
United States Senator Cynthia Lummis slammed Scott Shay, the former chairman of the now-defunct Signature Bank, for trying to place the blame for the bank’s collapse on
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The Shares of US Regional Banks Plunge. What will happen to Bitcoin (BTC)?
The shares of a number of US banks witnessed a sharp decline just hours after the chair of the FED dubbed the banking sector as being
Crypto Stands Firm Amidst PacWest Bank Failure and Fed Rate Hike
The recent interest rate hike by the Federal Reserve and the fall of PacWest Bank have failed to startle the global cryptocurrency market. The new interest rate
First Republic Bank Joins Failed List, JPMorgan Steps In
The recent collapse of First Republic Bank has sent shockwaves throughout the financial industry, including the world of the cryptocurrencies, with the California-based bank becoming the
Signature Bank Failure Was Not Caused by Crypto, NY Regulator Says
New York State’s financial regulator has denied allegations that cryptocurrency depositors were responsible for the collapse of Signature Bank. The New York State Department of Financial
Crypto Companies Are Struggling To Find Banking Partners
Following the collapse of three crypto-friendly banks in the United States, last month, cryptocurrency outfits have been struggling to find banking partners triggering a state of
Adult Industry Crypto Payment Processor SpankPay Winds Up Citing “Hostile Banking Environment”
SpankPay, a cryptocurrency payments processor of the adult entertainment content platform SpankChain, has decided to shut down after its upstream payment processor, Wyre Payments terminated its
Signature Bank’s Assets are to be sold to Flagstar Bank; Minus Crypto
The United States Federal Deposit Insurance Corporation (FDIC) has just made a big move, selling Signature Bank’s deposits and loans to Flagstar Bank. However, let it
Crypto Bank Anchorage Digital Slashes 20% Workforce Citing Regulatory Uncertainty
San Francisco-based cryptocurrency bank, Anchorage Digital has decided to trim nearly 20% of its workforce citing uncertain crypto regulatory landscape in the United States.
Fall and rise: Everything that happened to USDC in the last few days
The second-largest stablecoin by market value, USD Coin (USDC), lost its dollar peg and fell to an all-time low of $0.88 on Saturday when Circle, the
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