The company disclosed that it has approximately $142 million in cash deposits at Signature Bridge Bank, which was set up[…]
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DonAlt, who predicted the current Bitcoin bottom, suggests that the strong recovery of both cryptocurrencies at the end of the[…]
ARK Invest CEO Cathie Wood has commented on the resilience of the Bitcoin (BTC) and Ethereum (ETH) networks during the[…]
Amid mounting concerns about the future of stablecoins, Binance CEO and co-founder Changpeng Zhao (CZ) announced on March 13 that[…]
Biden Vows to Hold Those Responsible for Silicon Valley Bank and Signature Bank Collapse Accountable
In response, the President of the United States, Joe Biden, has vowed to hold those responsible for the failure of[…]
The decision was made in collaboration with the United States Federal Deposit Insurance Corporation (FDIC) to protect the U.S. economy[…]
The Treasury Department is reportedly holding emergency meetings to determine whether it should ensure all depositors at SVB are made[…]
He also cautioned that the world economy is on the verge of collapse, warning of bank runs, frozen savings, and[…]
The SVB was shut down by the California Department of Financial Protection and Innovation (DFPI) on March 10. The now-defunct[…]
Peter Schiff, an economist and vocal critic of cryptocurrencies, including Bitcoin, advises BTC holders to sell their holdings as he[…]