Signature Bank is a significant lender to crypto businesses. Its involvement in the FTX crypto exchange collapse late last year, where it held accounts representing less than 0.1% of its total deposits, brought the bank to the forefront of attention.
Author: Ravi Kumar
Ravi Kumar
Ravi is Founder and Chief Content Officer of AlexaBlockchain. He writes about everything at the cross-section of blockchain, crypto, AI, markets, and the economy. Ravi can be reached at ravi@alexablockchain.com
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She said that the government is concerned about depositors and focused on trying to meet their needs, but ruled out SVB Bailout by saying ‘the government is not looking to do that again’.
The solution analyses on-chain data and smart contract source code to assess and alert on the risk investors will be “rug pulled” by a token’s deployer.
The fund will improve cross-border transactions involving different digital tokens or fiat currencies by promoting greater fluidity.
“We aim to make investments in blockchain projects that are transparent, streamlined and at scale,” states Tonstarter Founder, Alex Plotvinov.
The testing allowed central and commercial bank participants to validate its effectiveness and share insights to guide its development.
EtherMail is the first Web3 email solution, allowing companies to send content to their asset holders based on blockchain-synced real-time information.
The new regulation applies to services such as trading in VDA-fiat, VDA-VDA or storing and managing VDA.
Over-C has adopted blockchain technology to enable peer-to-peer contractual behavior on an industrial scale.
Divly’s service aims to make it easy for investors to comply with regulations, as well as to backtrack and account for their transactions if necessary.