FDIC

BlockFi Stuck $227 Million At Silicon Valley Bank

BlockFi, the bankrupt crypto lender, runs the possibility of having its cash frozen at Silicon Valley Bank, which failed Friday…

2 years ago

Silicon Valley Bank – Biggest Bank Crash Since 2008

After a week of fighting the crisis, the 16th largest commercial bank in the US, Silicon Valley Bank, was ordered…

2 years ago

Silvergate Is Seeking FDIC Help To Avoid Company Closures

Silvergate Capital had to rely on the help of US regulators to maintain the bank's operations amid mounting difficulties.

2 years ago

US Regulators Caution Banks On The Risks Of Crypto Liquidity

Key Points: US regulators have issued a warning to banks regarding the potential liquidity risks associated with cryptocurrencies, particularly in…

2 years ago

FDIC Denies Money Insurance For Cryptocurrency Exchange CEX.IO

Key Points: The FDIC asked crypto exchange CEX.IO to stop claiming that U.S. dollars held in their fiat currency wallets…

2 years ago

Gemini’s Crypto Exchange Is Being Investigated By New York Regulator For FDIC Claims

Key Points: New York Department of Financial Services (NYDFS) is looking into the statements made by the cryptocurrency exchange Gemini…

2 years ago

US Federal Reserve Warns Banks Of Digital Asset Risks After FTX Collapse

Key Points: The US Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency…

2 years ago

Is BUSD Safe? – 03 Little-Known Facts Of Binance USD

Since its first-day launch in September 2019, the stablecoin BUSD has been believed to be safer than any other cryptocurrencies.…

2 years ago

FDIC Doesn’t Support Any Crypto Companies

In response to a string of questions from the Senate-FDIC, the organization that protects the U.S. financial system reaffirmed that…

2 years ago

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