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Tag: funds

Coinbase, Paxos, and Celsius Report Funds Tied up with Now-Shuttered Signature Bank

Blockchain
Several crypto firms have come forward to report their exposure to the now-shuttered Signature Bank, which was shut down by New York regulators on...

HSBC Acquires Silicon Valley Bank UK for a Pound (Report)

Blockchain
HSBC Holdings – the largest banking institution in the United Kingdom – will reportedly purchase Silicon Valley Bank UK Limited (SVB UK) for...

Solana Trades Above $18 As Sellers Signal A Return To The Downtrend

Blockchain
Mar 13, 2023 at 08:13 // Price Solana (SOL) is trading at a high of $18.84. The cryptocurrency value is...

$1 Billion Buying Pressure On Bitcoin, ETH, BNB Incoming, Binance Will Convert Recovery Fund

Blockchain
Bitcoin and the broader crypto market showed a strong recovery on Sunday afternoon (EST), although it was probably the most chaotic weekend in a...

Regulators take control of Signature Bank

Payments
Ad Signature Bank — a New York-based lender focused on servicing companies in the crypto industry — has shut down. The New York State...

Coinbase Says It Holds $240 Million in Cash at Signature Bank

Blockchain
Crypto exchange Coinbase disclosed a significant cash balance at Signature Bank, which has been shut down by U.S. regulators.In a tweet on Sunday, Coinbase...

AirBit Club Execs – Flagged as Scam by PH SEC in 2018 – Plead Guilty to Fraud Charges in the US

Blockchain
Share some Bitpinas love:Subscribe to our newsletter!Six AirBit Club executives have pled guilty to fraud and money laundering charges, facing a maximum sentence of...

With SVB Now Done. What’s the Impact for Canadian Tech?

Crowdfunding
March 13, 2023   Enterprise, Entrepreneurs, Start-ups, Small Businesses, FinTech and Alternative Finance, Fintech Services, Fundraising, Investing, Trading, Innovation and Resources, Leadership, Productivity,...

Human vs Machine’s Tug-of-War: Stockmarket Automation Lessons

Crowdfunding
Human vs Machine’s Tug-of-War: Stockmarket Automation Lessons The Economist | Mar 9, 2023 Image: Unsplash/Tech Daily When it comes to the stockmarket, at least, automation...

U.S. government guarantees Silicon Valley Bank customers will have access to all of their deposits starting Monday

Fintech
As the Silicon Valley Bank situation unravels by the hour, the US financial regulators announced Sunday night that depositors of the failed Silicon Valley...

NY Regulators Seize Control of Signature Bank, Depositors Assured by Federal Bailout

Blockchain
On Sunday, the New York Department of Financial Services, or DFS, announced that it had taken possession of Signature Bank. The DFS appointed...

Regulators Close Signature Bank Following SVB Collapse

Blockchain
New York-based Signature Bank has been shut down by regulators.A joint statement issued by the U.S. Treasury, Federal Reserve and the Federal Deposit Insurance...
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