FDIC works around the clock to liquidate assets for uninsured customers’ deposits. Silicon Valley Bank has over $209 billion in assets and $175.4 billion in deposits. Circle, the issuer of USDC stable...
Tag: Liquidate
Silvergate crypto: will liquidate its asset
Silvergate Bank, a San Diego-based financial institution known for its crypto-friendly stance, has announced that it will “voluntarily liquidate” its assets and close operations. The announcement was ...
Silvergate to wind down operations and liquidate the bank
Amid the crisis surrounding Silvergate, the parent company of Silvergate Bank, Silvergate Capital Corporation, has revealed plans to shut down operations and “voluntarily liquidate” the bank. The cryp...
Silvergate Capital to Liquidate Bank Amid Regulatory Crackdown
Silvergate Capital, a central lender to the cryptocurrency industry, has announced the winding down of its operations and the liquidation of its bank. The company is one of the two primary banks for c...
Silvergate Corp., to Liquidate and Wind Down Operations as Regulatory Pressure Mounts
Silvergate Corporation, the parent firm of Silvergate Bank, has announced that it plans to wind down operations and liquidate the bank voluntarily. This decision follows the collapse of the crypto exc...
Silvergate Capital will liquidate after crypto collapse wipes out bank
Silvergate Capital (SI) said Wednesday afternoon it will wind down operations and voluntarily liquidate its bank after a collapse in the crypto market saw billions in deposits leave the bank in recent...
Silvergate Capital Corporation will ‘voluntarily liquidate’ Silvergate Bank
The parent company of Silvergate Bank, known to many in the space as one of the major crypto banks, has announced plans to “wind down operations” and liquidate the bank. In a March 8 announcement, Sil...
Silvergate will liquidate bank, wind down operations
Silvergate Capital Corporation said it will wind down operations and voluntarily liquidate the Silvergate Bank in accordance with applicable regulatory processes. “In light of recent indus...
Did Binance Liquidate Derivatives Positions In Australia?
Via their official Twitter handle, crypto exchange Binance confirmed that it closed the position of some Australian traders. According to the post, the company incorrectly classified these users in th...
Vanguard to Liquidate a Mutual Fund for First Time Since 2020
(Bloomberg) — Asset manager Vanguard Group plans to shutter a US mutual fund for the first time since the throes of the pandemic. Most Read from Bloomberg The $98 million Vanguard Alternative St...
Bitcoin price taps 3-week lows as SEC fears liquidate $250M of crypto longs
Bitcoin (BTC) fell to bearish target zones on Feb. 10 as bulls failed to hold important support above $22,000. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Crypto wipeout mounts as BTC p...
Defiance Digital’s NFT-Focused ETF To Liquidate In February 2023
Defiance Digital’s first-ever NFT-based ETF is winding down at the end of January 2023. The Defiance Digital ETF will be liquidated on February 28, 2023, before shutting the business down. The fund’s...
CreamFinance Hackers Try to Liquidate $3.26 Million in Ethereum
An anonymous address labeled as an exploiter by CreamFinance has transferred 365.7 Ethereum, worth approximately $600,000, to the crypto exchange TradeOgre, according to data from blockchain analytics...
BlockFi to liquidate millions by selling Bitcoin miner-backed loans: Report
The bankrupt crypto lending firm BlockFi is planning to sell off $160 million in loans backed by 68,000 Bitcoin mining equipment. BlockFi’s effort to liquidate its loans is most likely a result of its...
Binance changed stakes to liquidate over $75M in SHIB
On Jan. 10 at 08:00 UTC, Binance unstaked $110.28 million worth of SHIBA INU (SHIB) and re-staked 4 trillion SHIB tokens, which equates to around $34.84 million, according to data shared by Arkham Cry...
Proton CEO unsure of crypto, may liquidate their Bitcoin reserves
The CEO of Proton, Andy Yen, has publicly expressed his dilemma concerning the fate of cryptocurrencies. In an interview with Forbes, Andy revealed his mixed sentiments on Bitcoin. Andy Yen uncertain ...
Hackers liquidate Defrost Finance, triggering a $12m loss
Blockchain security watch firm PeckShield confirmed a flash loan attack in Defrost Finance has led to users losing more than $12 million. Defrost V1 and V2 under investigation After a few users comp...
Grayscale May Liquidate 600,000 BTC Holdings Following SEC Opposition To ETF
Grayscale Investments may offer to buy up to 20% of Grayscale Bitcoin Trust (GBTC) shares. This is a move the company hopes will close the gap between the GBTC share price and the company’s underlyin...
Grayscale Could Liquidate 600,000 BTC After ETF Rejection
Grayscale Investments could appeal to GBTC shareholders to sell some of their shares at a higher price to return investor capital. Grayscale may offer to buy up to 20% of outstanding GBTC shares at a ...
Bitcoin (BTC) Price May Not Rise Above $20,000 as Grayscale May Liquidate their Holdings Soon
The Bitcoin price continues to trade within the same range, with reduced volatility from the past couple of days. Ever since the price dropped below $20,000, the markets have dropped into a deep beari...
Crypto.Com Price Drops by 55%, Should You Liquidate Your CRO?
The global markets continue to be under a deep bearish influence despite the bulls continuing to hold the price above the crucial support levels. Meanwhile, the selling pressure has eased to some exte...
Will Microstrategy Liquidate its Bitcoin Holdings if BTC Price Drops To $12K?
2022 has been disastrous for the crypto space. Yet again, Bitcoin is witnessing one of the most severe crashes and has marked a record as the fifth asset to witness the worst collapse in the history o...
Is the Last Capitulation Wave Coming? Whales Liquidate Bitcoin While Miners Get Rid of It
Exchange contagion has become a historical tendency that occurs close to the absolute BTC bear market bottom. During the previous bear cycles, it was Mt.GOX, later Bitmex and now FTX. It appears to ha...
Crypto Prime Broker Hidden Road Partners Urges Clients to Liquidate FTX Positions
Cryptocurrency prime broker Hidden Road Partners is expected to complete the liquidation of its FTX.com holdings tonight, according to Bloomberg. Hidden Road Partners, founded by Marc Asch in 2018, is...
Solend struggling to liquidate SOL loan due to congestion
A large lending position on Solana-based lending platform Solend is now underwater but infrastructure issues are preventing it from being properly liquidated. As a result, the protocol faces the risk ...
Binance moves to liquidate FTX token holdings as open interest in FTT futures doubles – crypto.news
This week, FTT has attracted some notice. Users of BitMEX can trade FTT with up to 50x leverage through our FTTUSD and FTTUSDT listings starting at 12:00 UTC today. Quanto Contract Specs for FTTUSD. F...
Crypto Markets Feared to Hit Bottoms! Should you Liquidate all of your FTT?
No sooner than Binance CEO, Chanpang Zhao (CZ) compared the FTT price plunge with the unfamous LUNA price slash, hefty withdrawals were registered in a very short time frame. Interestingly, the indica...
Binance Plans To Liquidate Its FTX Holdings, FTT Price Drops 5%
While most of the cryptocurrencies are enjoying a bull run for more than a week, FTX’s native token, FTT, was hit with severe volatility after Binance’s recent move. On Nov 6, Binance CEO Changpeng Zh...
Binance Moves To Liquidate Its Entire FTT Token Holdings
Binance CEO Changpeng Zhao revealed on Sunday that his cryptocurrency exchange would be liquidating its entire holdings of the FTT token. The FTT dump comes on the heels of Sam Bankman-Fried’s commen...
Binance Will Liquidate All of Its FTX Token Holdings – crypto.news
Changpeng “CZ” Zhao, the CEO of Binance, announced on Sunday that his trading platform is selling its ownership of FTT, a competitor platform of FTX’s native asset. Zhao made mention of ‘new revelatio...
Binance to liquidate its entire FTX Token holdings after ‘recent revelations’
The CEO of cryptocurrency exchange Binance, Changpeng “CZ” Zhao, said his company will liquidate the entirety of its position in FTX Token (FTT), the native token of competing exchange FTX. In a Nov. ...
Binance To Liquidate FTX’s FTT Holdings “Due To Recent Revelations” ⋆ ZyCrypto
Advertisement     Binance will sell the remaining FTX’s FTT tokens on its balance sheet according to the exchange’s CEO Changpeng Zhao “CZ”. Making the announcement la...