Bank Run


Finance

Bybit Sees Over $4 Billion ‘Bank Run’ After Crypto’s Biggest Hack

The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to access frozen funds.

Bybit CEO Ben Zhou (Danny Nelson/ CoinDesk)

Opinion

Bitcoin Was Built for This Moment

Amid a U.S. banking crisis, value is flowing into bitcoin. Is this the beginning of the “Great Reset?” investor and author Tatiana Koffman asks.

Author and investor Tatiana Koffman is just one among many who have turned to bitcoin amid a plague of bank runs – possibly the beginning of what she has described as the "Great Reset." (K8/Unsplash)

Policy

Was Silvergate on Borrowed Time as Regulators Backed Banks Away From Crypto?

As customers abandon the prominent California-based crypto bank, its future gets increasingly murky.

(Peter Dazeley/Getty Images)

Opinion

Crypto Needs an FDIC-Like Protocol to Prevent Liquidity Crises

How does the FTX fallout resemble the history of bank runs?

WASHINGTON, DC - JUNE 6:  The entrance to the Federal Deposit Insurance Corporation (FDIC), located across the street from the Eisenhower Executive Office Building, is viewed on June 6, 2017 in Washington, D.C. The nation's capital, the sixth largest metropolitan area in the country, draws millions of visitors each year to its historical sites, including thousands of school kids during the month of June. (Photo by George Rose/Getty Images)

Markets

In Token Crash Postmortem, Iron Finance Says It Suffered Crypto's 'First Large-Scale Bank Run'

In the wake of the crash, billionaire Mark Cuban is now calling for regulation of stablecoins.

(Wikimedia)

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