liquidation
Silicon Valley Bank Closed by State Regulators
Silicon Valley Bank was shuttered by the California Department of Financial Protection and Innovation on Friday, marking the second bank to shut down within days. The bank’s closure follows fast on the heels of competitor Silvergate’s voluntary liquidation earlier this week. "The Hash" panel discusses what this means for the crypto sector, as CoinDesk research shows that Blockchain Capital, Castle Island Ventures, Dragonfly and Pantera all had relationships with the bank.
Silvergate Bank's Collapse Explained
Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor Jesse Austin Campell joins “All About Bitcoin” to discuss the circumstances that caused the collapse of Silvergate Bank and what the liquidation process means for its customers. Plus, insights on how Signature Bank may be impacted by the fallout of its biggest competitor.
What Silvergate Bank’s Voluntary Liquidation Means for Rival Signature Bank
CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the impact of Silvergate Bank’s collapse on Signature Bank, another crypto-friendly bank in the space. This comes as Coinbase recently said it would no longer use Silvergate to facilitate dollar payments for its institutional customers and will now use Signature Bank for payments.
Crypto Bank Silvergate Announces 'Voluntary Liquidation'
The bank revealed last Wednesday it would have to delay filing its annual 10-K report due to questions from its auditors.
Mt. Gox Bankruptcy Repayments Not Likely To Destabilize Bitcoin: UBS
Creditors of crypto exchange Mt. Gox are about to recover some of their funds following a 10-year liquidation process, but concerns that large amounts of bitcoin (BTC) will be released onto the market are overdone, UBS said in a report Monday. 507 Capital Managing Partner and Mt. Gox creditor Thomas Braziel discusses the "rehabilitation plan" and why most people will be holding onto their BTC. Plus, his take on the Three Arrows Capital founders' bankruptcy claims exchange rollout and the Binance US-Voyager deal.
DeFi Protocol Aave Clears Bad CRV Token Debt from Exploit Attempt
The maneuver comes ahead of the activation of a major tech upgrade of the protocol called Aave v3.
Hodlnaut Creditors Seek Liquidation, Reject Restructuring Plan: Bloomberg
The restructuring plan would have allowed Hodlnaut directors who were at the helm during its collapse to continue managing the company.
Crypto Firm Orthogonal Trading Said to Be in Provisional Liquidation After Maple Defaults
Orthogonal defaulted on $36 million of loans on DeFi protocol Maple earlier this month after it allegedly misrepresented the scale of its losses from the FTX implosion.
Crypto Trading Firm Auros, Hit by FTX Collapse, Discloses Provisional Liquidation
The move, granted by a British Virgin Islands court in November, allows officials to seek restructuring advice. Auros missed payments on $17.7 million of loans from lending pools on bad debt-ridden protocol Maple Finance.
Morpho Labs' Paul Frambot on Optimizing DeFi Lending Pools
Morpho Labs CEO Paul Frambot joins I.D.E.A.S. 2022 to discuss the inefficiency of lending pools and how Morpho is building a competitive decentralized lending protocol to improve rates for lenders and borrowers alike while preserving the same liquidity and liquidation parameters.
