Signature Bank
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.
BlockTower Capital Funds Had Exposure to Silvergate, Signature Bank
Silvergate Bank announced a voluntary liquidation last week. Signature Bank was taken over by regulators on Sunday.
IMF Had Warned G-20 That Widespread Crypto Use Could Impact Banking Sector
The International Monetary Fund's report on "Macrofinancial Implications of Crypto Assets," given to the G-20 in February during a meeting in India, was made public on Monday, days after the collapse of crypto-friendly banks Signature Bank, Silicon Valley Bank, and Silvergate Bank. "The Hash" panel discusses the significance of the report, as the IMF had warned the Group of 20 (G-20) nations that the widespread proliferation of crypto assets could lead to banks losing deposits and curtailing lending.
Bitcoin Miner Stocks Surge Amid Banking Meltdown
Mining equities were up about 11% on average on Monday alongside big gains for bitcoin.
Bitcoin Surges 18% to Above $24K
Some $160 million in short positions have been liquidated on Monday.
President Biden Calls for Stronger Bank Regulations in Wake of SVB, Signature Bank Collapses
The government on Sunday evening stepped in to guarantee no losses will be borne by the lenders' depositors.
Bitcoin Miner Marathon Says It Still Has Access to $142M at Signature Bank
Marathon terminated a credit facility with Silvergate last week.
Crypto Banking Crisis Concerns Loom
Host Joel Flynn weighs in on what could happen next after Silicon Valley Bank and Signature Bank's respective collapses. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Crypto Bank Silvergate Shutdown: 3 Key Takeaways
The crypto meltdown has claimed its first big casualty in the mainstream financial system. California-based Silvergate Bank plans to "voluntarily liquidate" its assets and wind down operations. Here are three key things to know about the company’s unwinding and what it means for the crypto industry and beyond.