EU Banking Watchdog to Deepen Probe of Links Between Banks, Crypto Entities: FT
The European Banking Authority (EBA) will take additional steps to anticipate how strains in non-bank financial institutions (NBFIs),…
Browsing Tag
contagion
14 posts
US Government in Talks to Rescue Struggling First Republic Bank, Sources Say
Sources have revealed that U.S. government officials are in talks to rescue First Republic Bank, a struggling financial…
Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions
Following reports that the crypto payments firm Wyre was shutting down operations, CEO Ioannis Giannaros offered a contradicting…
Crypto Contagion Lesson For Lenders: Stay Out Of Bitcoin Mining
The collapse of two giant crypto lending businesses that also mined bitcoin yields a few interesting lessons. “Contagion”…
Approach with caution: US banking regulator’s crypto warning
The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was…
Silvergate denies recent FUD, confirms minimal exposure to BlockFi
Silvergate Capital has been quick to distance itself from the now-bankrupt crypto lender BlockFi. Czytaj więcej We współpracy…
Crypto Lender BlockFi Files For Bankruptcy
The filing indicates that the firm could have up to $10 billion in liabilities, as contagion from FTX…
Trusted Third Parties Continue To Be Security Holes
The recent FTX collapse has demonstrated the shortfalls of third parties. Successful businesses in the future will incorporate…
Crypto Lender Genesis Is On The Chopping Block As Contagion Continues
Genesis needs a $1 billion liquidity injection by Monday and Gemini sees significant bitcoin outflows as fears of…
FTX will be the last giant to fall this cycle: Hedge fund co-founder
This bear market has seen the collapse of Celsius, Three Arrows Capital, Voyager, and now FTX, but the…