Banking

Policy

FDIC Announced Sale of $115B Worth of SVB and Signature Securities

FDIC is planning to make an “orderly liquidation” of more than $100 billion worth of Signature and SVB securities.

Tim FriesApr 5, 20233 min read

Market Analysis

MicroStrategy Now Holds 1 of Every 150 BTC with Seemingly No Exit Strategy

Will the public see Saylor's big bet on fiat-to-Bitcoin energy conversion?

Tim FriesApr 5, 20235 min read

Crypto

Swiss State-Owned Bank to Launch Crypto Trading Services

Swiss government-owned bank PostFinance is partnering with digital asset firm Sygnum to offer crypto trading services.

Tim FriesApr 5, 20233 min read

Banking

Tether Used Signature’s Signet and a Bahaman Bank for Dollar Transactions

Allegedly, Tether directed its clients to buy stablecoins by using the Signet Network to transfer funds to a small Bahamas-based bank.

Tim FriesApr 4, 20233 min read

Banking

Massachusetts Watchdog Investigating FRC Insider Stock Trades

Massachusetts regulators are reportedly looking into stock sales made by First Republic’s executives since January 1st.

Tim FriesMar 30, 20233 min read

Banking

Binance FUD Grows as Experts Cry “Operation Chokepoint 2.0”

Is the Binance FUD legit in the light of the regulatory attitudes and track records?

Tim FriesMar 29, 20238 min read

Banking

Signature’s Crypto Clients Told to Close Accounts By FDIC Before April 5th

Signature Bank’s cryptocurrency customers were informed that their accounts are to be closed by April 5th.

Tim FriesMar 28, 20233 min read

Best Stocks

First Republic Surges 33% in Premarket as SVB Deal Calms Investors

First Republic stock soared 33% in premarket after First Citizens BancShares agreed to purchase SVB loans and deposits.

Tim FriesMar 27, 20233 min read

Market Analysis

Could Deutsche Bank be the Next Big Collapse?

Deutsche Bank has seen a spike in its credit default swaps, which suggests investors are concerned about the bank's ability to stay afloat.

Ruholamin HaqshanasMar 24, 20233 min read

Banking

Xapo is Now First Fully Licensed Bank to Offer USDC Withdrawals and Deposits

Xapo will now allow USDC deposits and withdrawals and offer a 4.1% interest rate on the deposits.

Tim FriesMar 22, 20233 min read

Banking

Australian Banks Asked to Report on Crypto Firms, Startup Exposure

Australian regulators are demanding from local banks to improve their reporting on exposure to crypto firms and startups.

Tim FriesMar 21, 20233 min read

Banking

First Republic Bank Down 47% As Search for Buyer Continues

Despite the frantic efforts to stop the fall, FRC shares almost halved on Monday.

Tim FriesMar 20, 20233 min read