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.
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New York City Sues FDIC Over Unpaid Municipal Taxes by Signature Bank
30/01 09:17
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LayerBank Secures Undisclosed Investment from Manta Network
The collaboration with Manta Network is anticipated to pave the way for strategic growth opportunities, facilitating additional market outreach.
AlexNavigating Uncertainty: The Plight of Coinbase Users with Bank of America
Explore the unfolding narrative of Coinbase users facing Bank of America account closures. Delve into the incidents, community reactions, and the silence from the banking giant, shedding light on the intersection of cryptocurrency and traditional banking.
MiyukiRipple Joins Hands with National Bank of Georgia to Explore CBDCs
Ripple and Georgia's National Bank collaborate to explore CBDC implementation, contributing to global digital currency modernisation.
Hui XinBank of America Records Unrealised Losses of $131.6 Billion in Securities
This revelation has sparked concern and caution among investors, primarily due to the ongoing challenges posed by inflation and market volatility. Despite these substantial unrealised losses, the bank still manages to maintain high-profit margins thanks to its attractive interest rates.
JasperSignature Bank Top Execs Secretly Sold $100M in Stock:
Filings with the FDIC reportedly helped Signature Bank’s executives to escape notice from investors and services that monitor insider trades.
cryptopotatoBarney Frank Talks More About the Surprise Shuttering of Signature Bank
The sudden string of bank failures over the past week conjured traumatic flashbacks of the 2008 financial crisis for many a banker.
New York MagazineWisdomTree Amends Bitcoin ETF Application, Appoints Bank of America as Custodian
Bank of America launched crypto custody for institutional investors in October as part of a partnership with New York-based Digital Investment Group.
CointelegraphBank of America: Solana Could Be the 'Visa of Crypto'
Bank of America strategists say Solana will take a slice of ethereum's market share due to its advantages of low transaction fees, scalability and ease of use.
CointelegraphBank of America: Stablecoin adoption and CBDC rollout are 'inevitable'
A recent report by Bank of America analysts said that a CBDC would be different from current digital currencies because it would be the responsibility of the Federal Reserve, rather than commercial banks.
Cointelegraph