Looking at Some Unanswered Signature and Silvergate Bank Questions
I think it’s safe to assume people want certainty. Companies want to know they’ll be able to tap banking services. For that to happen, banks need to be comfortable serving crypto companies. And for that to happen, they probably need to know what factors led to Signature becoming a failed bank – was it, as so much of the industry keeps saying, the mere fact it served crypto clients? Or was it because the bank itself had some deeper issues?
Related Posts


Rakuten Brings in Compliance Partner for New Crypto Exchange
news Japanese e-commerce giant Rakuten, has partnered with blockchain analytics firm CipherTrace to help ensure compliance for its soon-to-go-live cryptocurrency exchange. CipherTrace announced Wednesday that it will help ensure sound anti-money laundering (AML) processes are in place for the firm’s Rakuten Wallet exchange platform, which is based in Tokyo. Rakuten Wallet started accepting account registrations…

Bitwise, Fidelity, BlackRock See Biggest Bitcoin ETF Inflow in Preliminary Tally
Initial data shows Bitwise's bitcoin ETF (BITB) saw the biggest inflow of cash among the 11 newly issued products that began trading Thursday, followed by Fidelity's fund (FBTC), according to a BitMex Research X post citing Bloomberg data.Most issuers shared only preliminary data about inflows until Friday's market opening and there might be further delays

Government of Bermuda Pilots Stimulus Token in Response to COVID Crisis
Sep 1, 2020 at 13:01 UTCUpdated Sep 1, 2020 at 13:13 UTCFlag of Bermuda (Creative Photo Corner/Shutterstock)Government of Bermuda Pilots Stimulus Token in Response to COVID CrisisBermuda wants to use a digital token to stimulate its economy. The government of Bermuda announced Tuesday that it has commenced a pilot program for a digital stimulus token…

Brave Becomes First Browser to Offer Native IPFS Integration
IPFS integration gives Brave users easier access to the protocol while improving the overall resilience of the internet. Jan 19, 2021 at 5:04 p.m. UTCBrave Becomes First Browser to Offer Native IPFS IntegrationThe InterPlanetary File System (IPFS), a decentralized peer-to-peer protocol designed to make the web less centralized and to avoid censorship, has been integrated…

An Unintended Consequence of Low Interest Rates? The Big Get Bigger
Aug 25, 2020 at 19:00 UTC(IconicBestiary/Getty Images)An Unintended Consequence of Low Interest Rates? The Big Get BiggerAs companies have to shift their business model to contend with low interest rates, the largest find themselves in a comparatively better situation. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts,…

Market Wrap: Bitcoin Still Stuck in a Rut, Trading Below $10K
Jun 26, 2020 at 20:38 UTC(Timo Saarenketo/Creative Commons)After the largest options expiry in history, bitcoin ended its fifth week of bouncing around the $9,000s price range. Bitcoin (BTC) was trading around $9,180 as of 20:00 UTC (4 p.m. ET), slipping almost 1% over the previous 24 hours. At 00:00 UTC on Friday (8:00 p.m. Thursday…
Polkadot’s $245M Treasury Will Last 2 Years at Current Spending Rate
Polkadot spent $87 million worth of DOT on various activities in the first half of this year, with marketing and outreach activities accounting for the largest portion of spending, totaling over $36 million. The treasury has just over $245 million worth of DOT tokens left for spending, estimated to last for two years at current

Bank of China’s BOCI Issues Tokenized Securities on Ethereum in Hong Kong
The Bank of China’s investment banking arm BOCI issued tokenized securities on Ethereum in Hong Kong, according to a Monday press release.BOCI offered CNH 200 million ($28 million) of structured notes, with Swiss banking giant UBS underwriting the issuance and placing with clients in Asia Pacific.This was the first time a Chinese financial institution issued…