Hedge funds are offering to buy startup deposits at Silicon Valley Bank (SVB) for as little as 60 cents on the dollar, Semafor reported on Saturday, citing people familiar with the matter. Bids range ...
Tag: Deposits
FDIC Races to Start Returning Some Uninsured SVB Deposits Monday
(Bloomberg) — US regulators overseeing the emergency breakup of SVB Financial Group are racing to sell assets and make a portion of clients’ uninsured deposits available as soon as Monday, accor...
Stablecoins rally as Circle announces it will cover all USDC deposits 1:1
Quick Take On Saturday, March 11, Circle CEO Jeremy Allaire announced that Circle pledges to cover any shortfall in the assets backing USDC if it does not receive the entirety of a $3.3 billion cash r...
SVB’s Stranded Deposits Spread the Pain From Tech to Napa Valley
(Bloomberg) — The ripple effects of one of the biggest US bank runs in over a decade are reaching a wide variety of businesses, as companies from startups to vineyard owners raise alarms. Most R...
Fintech Brex got billions of dollars in Silicon Valley Bank deposits Thursday
Fintech startup Brex received billions of dollars in deposits from Silicon Valley Bank customers on Thursday, CNBC has learned. The company, itself a high-flying startup, has benefited after venture c...
Shiba Inu-Supporting PAW Added by First Web 3.0 Exchange, Deposits Suddenly Suspended
Yuri Molchan The native token of the PawSwap dex that intends to integrate with Shibarium has been listed by yet another exchange but deposits and withdrawals suddenly got suspended According to a twe...
Bitcoin exchange deposits decline, mimicking 2019’s bearish trend
Definition This chart presents the relative dominance of exchange-related deposits and withdrawals with respect to all confirmed transactions. This chart presents the following traces: Total Transact...
Bitcoin Withdrawals Are Above Deposits Since FTX Crash
On-chain data shows that Bitcoin transactions going out of exchanges have been greater than the number of them going in since the FTX collapse. Bitcoin Exchange Withdrawals Have Been Above Deposits Re...
Celsius used $558m in customer deposits to purchase CEL
Celsius Network, a lending company, is facing claims that it made CEL purchases worth $558 million using customer deposits. Celsius purchases spikes demand Cam Crews, on Twitter, mentioned that in pre...
US Banks Are Finally Being Forced to Raise Rates on Deposits
(Bloomberg) — US banks are being forced to do something they haven’t done for 15 years: fight for deposits. Most Read from Bloomberg After years of earning next to nothing, depositors are discov...
On-Chain Data Analyst Spots Massive Amount of Stablecoin Deposits
On-Chain Analyst tweeted that many stablecoins have been deposited across many exchanges. 73% of the community thinks that the scenario is bullish while 27% think otherwise. BTC loses approx. 5% of it...
Bybit U.S. Dollar Deposits ‘No Longer Available,’ Withdrawals Up To March 10 Only
Bybit has suspended U.S. dollar deposits using bank transfer owing to a partner-triggered service outage, the Dubai-headquartered crypto exchange announced. Bybit announced on its website that U.S. do...
Crypto Exchange Bybit Suspends USD Deposits
Bybit’s move comes a month after Binance, the world’s largest digital assets exchange by trading volume, halted dollar transfers and amid a crisis at Silverage, a California-based lender f...
Binance recommends P2P as Ukraine suspends fiat deposits on exchanges
Cryptocurrency exchange Binance is recommending the use of peer-to-peer (P2P) services following restrictions imposed by the National Bank of Ukraine (NBU). Ukraine temporarily suspended hryvnia, its ...
Bybit Pauses USD Deposits as US Crackdowns on Crypto Firms
The crypto exchange Bybit has paused US Dollar (USD) deposits due to “service outages” from partners. Is it the latest victim of Operation Choke Point? Bybit exchange announced the suspension of USD p...
Bybit Latest To Suspend USD Deposits Amid Silvergate Crisis
Bybit Crypto News: Top crypto exchange Bybit on Saturday said it suspended US Dollar deposits through bank transfer. The exchange cited service outages from its banking partner, although it did not na...
Crypto Exchange Bybit Halts USD Deposits Via Bank Transfer
12 hours ago | 2 mins read Exchange News Many crypto exchanges have severed connections with Silvergate Bank. Users of Bybit may no longer make new deposits in US dollars. Bybit, one of the leading cr...
Bybit halts deposits via USD bank transfer, citing partner ‘service outages’
Crypto exchange Bybit stopped USD deposits via bank transfer, citing “service outages” from a partner. “Effective immediately, USD deposits via wire transfer (SWIFT) and wire ...
Lido Finance activates Staking Rate Limit as deposits surge above 150,000 ETH
Rather than pausing ETH deposits, Lido Finance, one of the most popular DeFi liquidity staking protocols, has activated the Staking Rate Limit, the dApp, through a tweet on Feb. 25 said. The Staking R...
Bitcoin Deposits to Singaporean Digital Asset Bank Doubles in 2022
DBS saw an 80% rise in BTC trades and twice the deposits from the previous year. The bank’s ETH custody rose by 60%, while the traded volume increase by 65%. DDEx is a members-only exchange for corpor...
Self-custody continues to grow as Bitcoin withdrawals outpace deposits
Ad Exchange-related deposits and withdrawals of Bitcoin are often good indicators of market sentiment. When the number of exchange deposits grows, the liquid supply of Bitcoin grows and shows the mark...
Whale Deposits $5.2M In MATIC To Binance
Data shows a Polygon whale has just deposited $5.2 million in MATIC to Binance, a sign that could be bearish for the value of the asset. Polygon Whale Transfers A Large Amount Of MATIC To Binance As p...
Binance is suspending USD deposits and withdrawals for international users
Join Our Telegram channel to stay up to date on breaking news coverage Binance, the world’s leading cryptocurrency, announced recently that it will suspend USD deposits and withdrawals, without really...
Binance to Suspend USD Deposits and Withdrawals
Reports suggest that the suspension will likely last for a few weeks. Binance is planning to suspend US dollar (USD) deposits and withdrawals on its platform, according to Twitter-based prominent fina...
Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts – Exchanges Bitcoin News
Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the cry...
Celsius Was Using Customer Deposits To Fund Withdrawals, According to Bankruptcy Examiner
A closer look at the collapse of crypto lender Celsius shows that the firm was using customer deposits to pay for withdrawals, according to an independent examiner. In a new court filing with the Unit...
Holders of Cardano’s Stablecoin Reserve Coin To Receive Rewards For ADA Deposits
COTI has found a temporary solution to enable SHEN holders to receive delegation rewards when Djed launches. Holders of Djed’s reserve currency, SHEN, will receive rewards for ADA held in Djed’s smart...
Aave V3 Sees $26M Deposits and $6M Loans after Last Friday Launch
Aave V3 drew $26.10M in deposits and $6.66M in loans after Friday’s launch The most loaned coins on the Ethereum network were stablecoins BUSD and DAI. Previously, Delphi Digital hints that USDC util...
Binance to Halt Tron (TRX) Deposits Temporarily, Here’s When
Crypto exchange Binance has announced it will be performing wallet maintenance for Tron Network (TRX) on Jan. 30, 2023, at 6:00 a.m.(UTC). This will last for about an hour. As a result, deposits on th...
Binance to Briefly Pause Tron (TRX) Deposits Amid Wallet Maintenance
12 hours ago | 2 mins read Blockchain News On January 30, 2023, at 6:00 a.m. (UTC) it would execute wallet maintenance. Wallet upkeep will not impact one’s ability to withdraw TRX from the Tron networ...
Animoca Brands deposits $SAND with Binance
Animoca Brands has deposited more $SAND with Binance. Animoca Brands chooses Binance Earlier today, Animoca Brands deposited 2 million $SAND with Binance. This is the third time in the week that Animo...