Tag: signet
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Circle USDC operations will resume when U.S. banks open Monday: CEO Allaire
Circle The CEO of USDC, Jeremy Allaire, stated on Twitter that the organization’s reserves are “safe and secure,” and that liquidity...
Feds Shut Down Signature Bank, Say Signature and Silicon Valley Bank Depositors Will Be Made Whole
Silicon Valley Bank and Signature Bank depositors will receive their cash on Monday. The announcement was made by Federal Reserve Chairman...
Was Signature Bank Actually Insolvent?
A Signature board member claims that there was “no real objective reason” that regulators seized the bank. According to a March 13 report from CNBC,...
Circle and Cross River Bank To Resume USDC Transactions on Monday
SNEAK PEEK
USDC operations will officially open for business on Monday morning. USDC depegged on the US dollar as contagion from the failure of...
Circle to Bring On New Banking Partner for USDC Minting, Redemption
Stablecoin issuer Circle can no longer count on Signature Bank’s “SigNet” for USDC settlements. In a series of tweets on Sunday, Circle CEO Jeremy Allaire...
USDC bounces back toward $1 peg after Fed announcement
Circle’s stablecoin USD Coin (USDC) is climbing back to its $1 peg following confirmation from CEO Jeremy Allaire that its reserves are safe and...
As Silicon Valley Bank Falls, Crypto Firms Brace for ‘Extinction-Level’ Tech Startup Turmoil
Silicon Valley Bank’s failure has a lot to do with rising interest rates, but the shockwaves from its demise will still be felt in...
Signature Bank Considered a Buy as Last Major Bank Standing in Crypto Market Amid Silvergate and SVB Troubles
Amid the demise of Silvergate Bank and the troubles faced by Silicon Valley Bank (SVB), market analysts believe Signature Bank (SBNY) may be...
Signature Bank Announces Availability of Materials for 2023 Annual Shareholders’ Meeting and Special Meeting of Holders of Series A Preferred Stock
NEW YORK–(BUSINESS WIRE)–Signature Bank (Nasdaq:SBNY), a New York-based, full-service commercial bank, announced today the Bank’s proxy materials for its 2023 Annual Meeting of Shareholders...
Signature Bank Issues Updated Financial Figures as of March 8, 2023; Reiterates Strong Financial Position and Limited Digital-Asset Related Deposit Balances in Wake of...
Signature Bank Announces Buyback of Common Shares NEW YORK–(BUSINESS WIRE)–Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today updated...
S3 Ep120: When dud crypto simply won’t let go [Audio + Text]
by Paul Ducklin WHY DID THAT TAKE SO LONG?
Latest epidode – listen now.
Click-and-drag on the soundwaves below to skip to...
Signature Bank’s Long-Term and Short-Term Credit Ratings Affirmed by Fitch, Kroll and Moody’s
NEW YORK–(BUSINESS WIRE)–Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today it has received affirmation of credit ratings at current levels...
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