Tags: Silicon valley bank

Bidding War: Scaramucci‘s SkyBridge Capital Competes for Silicon Valley Bank‘s VC Unit

As Traditional Banks Step Back, New Players Fill Gap in Crypto Banking

Bank Execs Face Senate Ire for Blaming Bank Collapse on Crypto While Amassing Millions

US Sen. Cynthia Lummis Criticizes Signature Bank Executive for Blaming Crypto for Its Downfall

Former Signature Bank Chairman Said the Bank Cut Back on Digital Asset Deposits in Wake of Volatility

Senator Warren and Rep. AOC Investigate Silicon Valley Bank‘s "White Glove" Treatment of Crypto Firms – Regulation Incoming?

Circle and BlockFi executives were questioned after the lawmakers accused SVB of “coddling” and giving “white glove” treatment to its largest depositors.

Sen. Elizabeth Warren (left) and Rep. Alexandria Ocasio-Cortez (Anna Moneymaker/Getty Images, modified by CoinDesk)

Self-custody, transparency and immediate settlement are just a few ways that crypto could prevent loss of funds.

The former Silicon Valley Bank holding company needs access to the bank‘s FDIC-controlled funds to pay creditors and support two other operations, says Kleinberg, Kaplan partner Dov Kleiner.

Conflicting data creates the question of how the Fed will react to both rising inflation and failing banks - and whether bitcoin will be a lifeboat.

As Silvergate, Signature and Silicon Valley banks imploded, crypto customers grabbed assets and ran, but those hoping to land at major U.S. banks have been mostly disappointed.

The two largest cryptocurrencies have risen 31 and 26, respectively, even as bank failures, inflation concerns and ETH selling pressure have roiled traditional asset markets.

The narratives around bank failures, stablecoins and interest rate hikes seem strong enough to propel the price of bitcoin, says CoinDesk‘s George Kaloudis.

Efforts to keep crypto companies from the U.S. banking system may have been taking place even before the recent bank collapses, Jason Brett told CoinDesk TV‘s "First Mover."

After the recent collapse of three banks – Silicon Valley Bank, Silvergate Bank and Signature Bank – many pointed fingers at crypto as the cause. But crypto may actually be the solution, not the problem.