NYCB's Tumult: From Signature Bank Acquisition to Financial Turmoil
NYCB's acquisition of Signature Bank led to initial gains, but a $260M Q4 loss and dividend cuts reflect deeper challenges, sparking debates over crypto's role.
MiyukiNYCB's acquisition of Signature Bank led to initial gains, but a $260M Q4 loss and dividend cuts reflect deeper challenges, sparking debates over crypto's role.
MiyukiThe trial involved real-time transfers and swaps of synthetic USDC and EURS to wallets owned by Deutsche Bank.
ClementVolumes surged from just over $1 million at the start of May to $18 million on Tuesday, data from Minswap shows.
CoindeskThe FDIC said early estimates showed that Silicon Valley Bank's failure cost its Deposit Insurance Fund around $20 billion.
CryptoSlateSignet, the payment network widely used by Web3 businesses, still remains under the FDIC control.
BeincryptoSignature Bank has found a buyer after a week long financial odyssey, the New York Community Bancorp, Inc.
CryptoSlateThings are not going well for Anchorage Digital. The crypto bank just announced a 20% cut in its staff, citing regulatory uncertainty.
cryptopotatoThe company did not say whether it plans to submit a bankruptcy filing.
CryptoSlateA stablecoin is a cryptocurrency that has its prices pegged to that of different assets, often to fiat currencies.
OthersWarba Bank, an islamic bank headquartered in Kuwait, is the latest banking corporation from the Middle East and North Africa ...
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