Bitcoin News / Bitcoin.com - 1 year ago
The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would bail out de...
by COINS NEWS - 1 year ago
With the recent price drops in usdc and other coins, would you guys rather a bailout happen or these companies and institutions that over extended themselves go bankrupt I personally am sick of the big guys getting let off while the little guy gets s...
Bitcoin News / Bitcoin.com - 1 year ago
On Sunday, the New York Department of Financial Services, or DFS, announced that it had taken possession of Signature Bank. The DFS appointed the Federal Deposit Insurance Corporation, or FDIC, as the receiver of the bank. In a joint statement, the U...
by COINS NEWS - 1 year ago
With the collapse of Silicon Valley Bank this past week, the UK government has this evening announced planned bailouts from taxpayer funds. https://www.thetimes.co.uk/article/silicon-valley-banks-fall-is-a-threat-to-uks-tech-start-ups-sfngfjzll https...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to reports. Final bids are due by Sunday afternoon. Unnamed sources indicate that the FDIC is seeking to close...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. Treasury Secretary Janet Yellen has ruled out a government bailout of the collapsed Silicon Valley Bank (SVB), which was shut down by regulators on Friday. Yellen explained that the reforms put in place after the 2008 financial crisis were aimed...
Cryptocoins News / The Cointelegraph - 1 year ago
Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse, but not considering a major bailout. United Sta...
Cryptocoins News / The Cointelegraph - 1 year ago
Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse, but not considering a major bailout. United Sta...
Cryptocoins News / The Cointelegraph - 1 year ago
Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse, but not considering a major bailout. United Sta...
Cryptocoins News / CoinJournal - 1 year ago
Digital Surge lost about $33 million in the collapse of FTX.
The exchange froze customer funds on November 16.
The exchange had passed into voluntary administration in December.
After about two months of anguish, crypto exchange Digital Surge credi...
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin Miner Argo Blockchain Will Avoid Bankruptcy With $100M Bailout From Novogratz’s Galaxy Digital& & CoinDesk
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin Miner Argo Blockchain Will Avoid Bankruptcy With $100M Bailout From Novogratz’s Galaxy Digital& & Yahoo Finance
by COINS NEWS - 2 years ago
As you probably know, Binance pledged 2$ Billion to bail out "distressed crypto projects". First this may look promising, because obviously this might help investors that fall victim to bad actors like FTX in the future. But does anyone rem...
by COINS NEWS - 2 years ago
When Binances’ $1 billion crypto industry bailout fund drops - 1 billion binance USD stablecoins, minted by binance, with no proof of reserve or liabilities. Nothing to see here. For me it seems like CZ is desperately trying to make it look lik...
Cryptocoins News / NewsBTC - 2 years ago
There could be a surprising twist in the drama surrounding Sam Bankman-Fried’s insolvent crypto exchange FTX. As reported by The Straits Times, a possible government takeover by Singaporean state investor Temasek could be on the table. The grou...