FDIC says Signature Bank failed due to mismanagement, risky crypto deposits
The U.S. Federal Deposit Insurance Corporation (FDIC) investigation into the collapse of Signature Bank found that the root cause of...
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Crypto Hiring: Phi Labs Has New Ecosystem Head to Drive Archway Blockchain Growth
Phi Labs, a core contributor to the Archway Blockchain, announced this week that Dan Edlebeck will serve as its new...
US Congressional Research Finds Perception of Crypto Risk Spurred Bank Withdrawals
The Congressional Research Service found that crypto did have a role to play in the failure of Silvergate, Silicon Valley...
Keep HODLing On: Crypto Holders Stayed Despite Bank and Crypto Collapses
Regulation, use cases, and wallets are top of mind for crypto investors so far this year, according to a report...
Crypto blamed unfairly for Signature Bank’s liquidity crisis, says NY regulator
The Superintendent of the New York State Department of Financial Services (NYDFS), Adrienne Harris, has refuted allegations that cryptocurrency depositors...
Crypto Not to Blame for Signature Bank’s Fall, NYS Official Says
Speaking before the US House Financial Services Committee on Wednesday, New York State Department of Financial Services Superintendent Adrienne Harris...
Hong Kong’s Largest Digital Bank to Service Crypto Exchanges
Permissionless is the brainchild of Blockworks and Bankless. Over 5,500 people attended the inaugural event in 2022, making Permissionless the...
Signature Bank Failed to Acknowledge ‘Volatility’ of Crypto Exposure, According to Lawsuit
Permissionless is the brainchild of Blockworks and Bankless. Over 5,500 people attended the inaugural event in 2022, making Permissionless the...
Crypto Had no Relation to Signature Bank’s Closure: New York Finance Regulator
Adrienne A. Harris – Superintendent of the New York State Department of Financial Services (NYDFS) – said the premise that...
New York Finance Regulator Says Signature Bank’s Closure Not Related to Crypto
Risk & Compliance JournalNYDFS Superintendent Adrienne Harris calls idea closure was about regulators looking to kill crypto sector ‘ludicrous’ Source...