Crypto, Startups and Banking Make a Scary Mix https://www.byteseu.com/1171748/ #BankingLicense #Crypto #CryptoCurrency #PeterThiel #SiliconValleyBank #stablecoin
Administered by:
#siliconvalleybank
0 posts0 participants0 posts today
Will Donald Trump’s Crypto Push Be a Threat to Wall Street? - President Donald Trump’s supportive stance on cryptocurrencies has ignited excitement thr... - https://coingape.com/will-donald-trump-crypto-push-be-a-threat-to-wall-street/ #24/7cryptocurrencynews #siliconvalleybank #donaldtrump #stablecoins #wallstreet
CoinGape · Will Donald Trump’s Crypto Push Be a Threat to Wall Street?
#SiliconValleyBank just can't seem to put down the crypto crack pipe.
Expect another taxpayer bailout like the one the #broligarch customers of #SVB got when the bank collapsed the first time back in 2023.
https://fintechbusinessweekly.substack.com/p/yes-svb-is-processing-ach-for-binanceus
Fintech Business Weekly · Yes, SVB (Is Processing ACH for Binance.US)
Replied in thread
@daedalean @GhostOnTheHalfShell for all intents and purposes there are really only two #stablecoins:
1. USDT (Tether - ~70% of the market)
2. USDC (#Coinbase, technically through a company called Circle - ~25% of the market)
the rest are tiny.
USDC has actually done an audit or two and we know where the money is (it's in a blackrock trust). #Tether has been the subject of a lot of writing and speculation by me and many others for years now.
#KirstenGillibrand works for the Coinbase / #a16z / #Circle axis of crypto evil so this bill is basically creating rules that would push Tether USDT out of the US market.
Coinbase CEO has already made noise about how they will probably have to delist USDT. Circle CFO is on video saying that Tether is a counterfeiting operation.
(fun fact: Circle USDC was the largest depositor at #SiliconValleyBank and if SVB had been allowed to collapse and $3.2bn worth of USDC had died with it the entire crypto industry would have gone kaput.
Cherry-Picked Science? The Confusing Narrative Around Wine And Health https://www.diningandcooking.com/1881271/cherry-picked-science-the-confusing-narrative-around-wine-and-health/ #DaveMcIntyre #DrinkingInModeration #DryJanuary #MitchFrank #NASEM #SiliconValleyBank #TheNewProhibition #Wine #WineAndCancerRisk #WineAndHeartHealth #WineSpectator
Silicon Valley Bank Wine Report Calls The Industry ‘Resilient’ https://www.diningandcooking.com/1857691/silicon-valley-bank-wine-report-calls-the-industry-resilient/ #RobMcMillan #SiliconValleyBank #Wine #WineReport
How Crypto Insiders Turned ‘Debanking’ Into a Political Storm - Concerns that crypto companies are being purposely cut off from the global banking system... - https://www.nytimes.com/2024/12/10/technology/crypto-debanking-trump.html #regulationandderegulationofindustry #unitedstatespoliticsandgovernment #bankingandfinancialinstitutions #presidentialelectionof2024 #computersandtheinternet #bitcoin(currency) #siliconvalleybank #entrepreneurship #virtualcurrency #andreessenmarcl #start-ups
The New York Times · How Crypto Insiders Turned ‘Debanking’ Into a Political Storm
Izzy Englander's Millennium, Paul Singer’s Elliott Among Bitcoin ETF Holders - After Tuesday’s surprising disclosure of a $161 million allocation from the State of WIsc... - https://www.coindesk.com/business/2024/05/15/izzy-englanders-millennium-paul-singers-elliott-among-bitcoin-etf-holders/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #millenniummanagement #siliconvalleybank #spotbitcoinetf #finance #news
New York Community Bancorp Counters Moody’s Junk Status, Asserts Strong Deposits - Just one week following a dramatic plunge in New York Community Bancorp’s shares, ... - https://news.bitcoin.com/new-york-community-bancorp-counters-moodys-junk-status-asserts-strong-deposits/ #newyorkcommunitybancorp #siliconvalleybank #long-termbonds #interestrates #signaturebank #economics #banks #nycb #fed
Bitcoin News · New York Community Bancorp Counters Moody's Junk Status, Asserts Strong Deposits – Economics Bitcoin NewsThis week, Moody's has downgraded the bank's shares, highlighting that NYCB is contending with "multifaceted" financial risks.
New York Community Bancorp Grapples With 40% Share Drop Following Disappointing Earnings Report - New York Community Bancorp (NYCB) faced significant challenges on Wednesday, with ... - https://news.bitcoin.com/new-york-community-bancorp-grapples-with-40-share-drop-following-disappointing-earnings-report/ #newyorkcommunitybancorp #siliconvalleybank #long-termbonds #interestrates #signaturebank #economics #banks #news #nycb #fed
Bitcoin News · New York Community Bancorp Grapples With 40% Share Drop Following Disappointing Earnings Report – Bitcoin NewsNew York Community Bancorp (NYCB) faced significant challenges on Wednesday, with its shares plummeting by over 40%.
Continued thread
Long thread/6
As we say goodbye to this year and welcome 2024, here a re top 10 tech news that made headlines in 2023
#apple #google #microsoft #samaltman #alexjones #SamBankmanFried #gta5 #openai #siliconvalleybank #applevisionpro
https://techtoq.com/news/top-10-tech-stories-of-2023/
TechToq · Top 10 Tech Stories Of 20232023 was a whirlwind year, marked by groundbreaking advancements and industry turbulence. Here are top 10 tech stories of 2023 that shaped the year.
An In-Depth Look Into the 2023 Banking Crisis — 3 of the Largest Bank Failures in US History - The U.S. economy experienced an interesting year in 2023, marked by unprecedented ... - https://news.bitcoin.com/an-in-depth-look-into-the-2023-banking-crisis-3-of-the-largest-bank-failures-in-us-history/ #siliconvalleybank(svb) #firstrepublicbank #silvergatebank #signaturebank #bankfailures #economics #banks #svb
Bitcoin News · An In-Depth Look Into the 2023 Banking Crisis — 3 of the Largest Bank Failures in US History – Economics Bitcoin News2023 witnessed the downfall of some of the largest banks in its history, culminating in the failure of four significant institutions.
Continued thread
Long thread/13
Stablecoin issuer Circle weighing up 2024 public launch: Report - Circle initially agreed to go public as part of a $4.5 billion me... - https://cointelegraph.com/news/circle-mulling-public-launch-next-year-bloomberg #generalcatalystpartners #fidelitymanagement #siliconvalleybank #marshallwace #acquisition #blackrock #merger #depeg #usd
Cointelegraph · Stablecoin issuer Circle weighing up 2024 public launch: Report
Bidding War: Scaramucci's SkyBridge Capital Competes for Silicon Valley Bank's VC Unit - Anthony Scaramucci's SkyBridge Capital and Atlas Merchant Capital are competing for SVB C... - https://cryptonews.com/news/bidding-war-scaramuccis-skybridge-capital-competes-for-silicon-valley-banks-vc-unit.htm #anthonyscaramucci #siliconvalleybank #altcoinnews #skybridge
cryptonews.comBidding War: Scaramucci's SkyBridge Capital Competes for Silicon Valley Bank's VC Unit
Tether adds Bahamas-based private bank Britannia as partner: Report - Tether’s reported new partnership with Britannia Bank makes it th... - https://cointelegraph.com/news/tether-adds-bahamas-based-bank-britannia-as-new-partner #deltecbankcapitalunionbank #britanniabank&trust #siliconvalleybank #stablecoinissuer #bankingparnters #silvergatebank #signaturebank #bloomberg
CointelegraphTether adds Bahamas-based private bank Britannia as partner: Report
S&P Downgrades 5 Regional US Banks Amid Challenging Banking Environment - On Monday, S&P Global Ratings slashed ratings for five U.S. regional banks, po... - https://news.bitcoin.com/sp-downgrades-5-regional-us-banks-amid-challenging-banking-environment/ #quantitativetightening #valleynationalbancorp #commercialrealestate #associatedbanccorp. #operatingconditions #depositwithdrawals #siliconvalleybank #umbfinancialcorp. #negativeoutlook #fundingstrains #interestrates #comericainc.
Bitcoin NewsS&P Downgrades 5 Regional US Banks Amid Challenging Banking Environment – Economics Bitcoin NewsS&P Global Ratings slashed ratings for five U.S. regional banks, pointing to the strenuous operating atmosphere plaguing the sector.
Replied in thread
@maxi
And whilst Wirecard folding as the grift it has been from the start may be inconvenient for merchants using them, this didn't result in the same #shitshow that #SiliconValleyBank caused:
People still got their paychecks and businesses could still pay suppliers and get paid.
They might've to switch to competitors like Adyen but in the end, that isn't a hard move...
Integrating #Wirecard messy code was always a clunky shitshow compared to #PayPal which has a clean API...
Bundesbankpräsident Nagel hat vor den Gefahren eines Banken-Ansturms durch #FakeNews gewarnt
Der Fall der #SiliconValleyBank habe gezeigt, dass man schneller werden müsse. Dort hätten Äußerungen in den sozialen Medien dazu beigetragen, einen #BankRun zu beschleunigen. Die Frage sei, ob Fake News auch so etwas auslösen könnten.
Er habe von einem Kollegen aus Südkorea gehört, dass dort eine Task Force der #Bankenaufsicht systematisch die sozialen Medien überwache
https://www.fr.de/wirtschaft/bundesbankpraesident-sieht-risiko-eines-bank-runs-zr-92409959.html
www.fr.deBundesbankpräsident sieht Risiko eines Bank-RunsDurch Fake News in Sozialen Medien könnte laut dem Bundesbankpräsidenten ein Banken-Ansturm ausgelöst werden. Diesem Risiko solle man frühzeitig gezielt entgegenwirken.