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.
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United States Blockchain Industry News
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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’.
Circle, the company behind USDC, stated that it and the stablecoin are functioning without any interruptions, while they await further information about the situation of Silicon Valley Bank’s depositors.
Binance’s chief strategy officer, Patrick Hillmann, stated last month that the exchange expects to pay monetary penalties to settle existing US regulatory and law-enforcement investigations.
United States, February 16, 2023 / AlexaBlockchain/ – PlayDapp has announced the acquisition of ProudNet, the renowned peer-to-peer server network provider. This move is seen as an aggressive step towards…
Key Takeaways ClearCryptos and US Federal Contractor Registration (USFCR) have announced a partnership that will allow federal government contractors to leverage blockchain technology. ClearCryptos will be…
Equity Raise Enables Expansion of Fully Regulated Digital Asset Platform for Institutional Clients.
U.S. prosecutors are considering filing money-laundering charges against Binance and its executives, including CEO Changpeng Zhao, Reuters reports.
mogul (mogul.ooo), the Tim Draper-backed real estate investing platform, launches its first investment property. Today at 1pm EST, the blockchain platform will offer ownership in a…
The cryptocurrency lender had initially intended to sell its assets to FTX in order to return some money to its clients.