The FDIC has said that insured depositors would gain access to their assets by Monday while it would pay out advanced dividends to uninsured depositors. Ripple Chief Technology Officer David Schwart...
Tag: Exposure
Circle, BlockFi may have exposure to Silicon Valley Bank; other firms deny exposure
Ad California-based Silicon Valley Bank (SVB), a unit of SVB Financial Group, has been shut down, according to an announcement from financial regulators on March 10. Silicon Valley Bank closed by regu...
Circle’s exposure to U.S. banks could top $9B
USD Coin (USDC) issuer Circle exposure to the United States banking system sits near to $9 billion, according to its latest audit report from January. Circle’s reserves are held in a number of r...
Circle’s USDC Reserves In Hot Water As Records Show Exposure To Silicon Valley Bank
On Friday, the prominent Silicon Valley Bank, which served as the go-to bank for venture capitalists and startups, got shuttered down by the California Department of Financial Protection. Although not...
Binance and Coinbase claim zero exposure to Silvergate collapse
Binance, Coinbase, and OKX have declared that they have no investment exposure to the embattled Silvergate Capital. The crypto-friendly lender has announced its winding down operations. Silvergate ent...
14 Web3 marketing strategies that can increase exposure and consumer trust
Web3 has its share of high-profile influencers who have opened the door to consumer and business interest in the industry. While this creates a tide that can help raise the profile of all companies in...
CoinShares ‘Unsure’ It Can Recover Any of $31M FTX Exposure
European cryptoasset manager CoinShares reported a 29% drop in fourth quarter combined income from the third quarter of 2022, the company said in its earnings report Tuesday. CoinShares brought ...
TrueUSD (TUSD) Poised For Greater Exposure With New Partnership?
With the sudden rise of crypto regulations surrounding stablecoins, TrueUSD (TUSD) stablecoin’s issuer, Archblock, announced that it will leverage Chainlink’s proof-of-reserves mechanism to enable use...
ECB Advises Banks Comply With Conservative Cap on Bitcoin Exposure
The European Central Bank (ECB) expects EU banks to introduce limits on their crypto holdings even before the Basel Committee on Banking Supervision’s (BCBS) global standards come into force in 2025. ...
IMF wants El Salvador to reconsider Bitcoin exposure: Community reaction
After a visit to El Salvador, the International Monetary Fund (IMF) suggested the country reconsider its plans to increase exposure to Bitcoin (BTC). The community responded to the IMF’s suggestion wi...
Proposed EU parliament rule could have banks apply 1,250% risk weight to crypto exposure
The European Parliament has released a report on a draft bill proposing that banks holding cryptocurrencies set aside a large amount of capital in an effort to address potential risk. In a Feb. 9 noti...
DBS CEO Says Not Concerned About $976 Million Adani Exposure
(Bloomberg) — DBS Group Holdings Ltd. has about a S$1.3 billion ($976 million) exposure to Adani Group, of which S$1 billion is from a cement firm acquisition financing and the remaining S$300 m...
Tether Reports $700 Mn Profit, Ends Commercial Paper Exposure
Tether Holdings Limited, issuer of the world’s largest stablecoin USDT, on Thursday reported a $700 million profit made in the fourth quarter, as per its latest attestation report. The consolidated as...
US financial regulators warn against crypto exposure in retirement accounts
Three financial watchdogs in the United States have issued a warning to investors considering certain individual retirement accounts with exposure to cryptocurrencies. In a Feb. 7 notice, the United S...
Looking for Exposure to Bitcoin? These 2 Small Bitcoin Mining Stocks Are a ‘Must-Own,’ According to One Analyst
The end goal of investing is profit, and few investments have shown the long-term profit of bitcoin. Yes, the true story in cryptocurrency is its extreme volatility, but the underlying fact is simple:...
Ackman Says Banks Face Too Much Liability Exposure on Adani Deal
(Bloomberg) — Investor Bill Ackman doubled down on his criticism of Adani Group, saying that there’s just too much liability exposure for the banks involved in the Indian company’s equity sale. ...
Binance CEO Warns Traditional Institutions Against Reducing Exposure to Crypto
Binance CEO Changpeng “CZ” Zhao is of the opinion that a proactive reduction in exposure to cryptocurrencies by traditional institutions as a reaction to ecosystem collapses in 2022 could ...
Secret BlockFi Financials Reveal $1.2 Billion Exposure to FTX
Bankrupt cryptocurrency lender BlockFi accidentally revealed a previously redacted copy of its balance sheet indicating that it had over $1.2 billion in assets tied to FTX and Alameda Research. BlockF...
Want To Increase Your Crypto Exposure? Aave (AAVE), Monero (XMR), And BudBlockz (BLUNT) Are The Token To Buy – Cryptopolitan
The crypto market is becoming more saturated than ever. As newly created cryptos spring off, they seek to offer real-world solutions. One factor that keeps any cryptocurrency relevant in the crypto sp...
BlockFi Creditor Committee Advisor Reveals $1.2B Exposure to FTX, Alameda Research
The now-bankrupt crypto lending firm BlockFi has reportedly more than $1.2 billion in assets linked to FTX and Alameda Research, the two companies founded by the fallen crypto mogul Sam Bankman-Fried....
BlockFi has no ‘secret financials’ after filings show $1.2b exposure to FTX, Alameda
Failed crypto lender BlockFi says it “disclosed accurate information” to a New Jersey bankruptcy court after an unredacted court filing showed the firm has a $1.2 billion exposure to troubled exchange...
BlockFi Reportedly Has Around $1.2 Billion Exposure to FTX
42 mins ago | 2 mins read Defi News FTX and its subsidiaries filed for bankruptcy in November of last year. BlockFi temporarily halted withdrawals on November 28 and filed for bankruptcy. According to...
Digital Surge creditors agree to 5-year repayment plan following FTX exposure
Australia-based crypto exchange Digital Surge creditors agreed to a rescue plan to pay them over five years from the firm’s quarterly net profits, according to Business News Australia (BNA) report. D...
BlockFi Exposed: Leaked Financials Reveal Shocking $1.2 Billion FTX Exposure
BlockFi, a fallen cryptocurrency lending, and borrowing platform have reportedly posted uncensored financials revealing a $1.2 billion exposure to the FTX exchange and Alameda Research. BlockFi has $4...
BlockFi’s Financials Show $1.2B FTX Exposure
BlockFi, a crypto lending company, had more than $1.2 billion in assets connected to FTX and Alameda Research, according to financial records that were mistakenly released without redactions on Tuesda...
Ripple Rival Stellar Has $13M+ Exposure to Bankrupt Genesis
The exposure was recently revealed through Genesis’ bankruptcy filing. The Stellar Development Foundation, a non-profit organization launched by Ex Ripple’s co-founder Jed McCaleb, has an exposure of ...
Coinbase Seeks Brand Exposure with Germany’s Second-largest Soccer Club
Cryptocurrency exchange Coinbase isn’t shying away from advertising despite cutting costs in other areas. The exchange is strengthening ties with German soccer club Borussia Dortmund (BVB), loca...
Signature Bank Reduces Crypto Exposure? Crypto Daily TV 24/1/2023
In Todays Headline TV CryptoDaily News: Signature Bank won’t support transactions under $100K. Signature Bank will not handle transactions of less than $100,000 for crypto exchange customers, accordin...
El Salvador’s Cryptocurrency Exposure Still ‘Minimal’
Join Our Telegram channel to stay up to date on breaking news coverage The Chair of the Central American Bank for Economic Integration (CABEI), Dante Mossi, believes that the exposure of El Salvador t...
El Salvador’s Exposure to Bitcoin Is Still “Minimal”, Asserts Regional Banker ⋆ ZyCrypto
Advertisement     Dante Mossi, the Chairman of the Central American Bank for Economic Integration (CABEI), has claimed that El Salvador’s exposure to cryptocurrencies ...
Crypto Trading Firm Cumberland DRW Disputes Genesis Exposure
“Under the terms of our agreement, on November 16, we notified them that we were surrendering our cash collateral and liquidating their crypto to close out the loan,” Cumberland said. R...