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FDIC

Circle’s USDC Reserves Plummet Amid SVB Chaos: What It Means for Crypto

USDC struggles as $3.3 billion remains at SVB. Discover the implications for crypto and banking amid rising concerns.

Deadline Approaches for Cryptocurrency Clients of Signature Bank

Signature Bank’s crypto clients must withdraw funds by April 5 or face account closures. Understand the implications and what steps to take!

US Authorities Mobilize to Mitigate Banking Crisis After Silicon Valley Bank Collapse

Amid the Silicon Valley Bank collapse, US authorities are taking decisive actions to stabilize the banking sector and protect investors.

Coinbase Cuts Ties with Signet: What This Means for Crypto Users

Coinbase discontinues support for Signet, leaving users in uncertainty. Learn how this affects the crypto ecosystem.

The Rise and Fall of Sam Bankman-Fried: From Crypto Hero to Legal Zero

Discover the tumultuous journey of Sam Bankman-Fried and FTX from the heights of success to a legal disaster. A cautionary tale for all in crypto.

Mid-Size Banks Push for Expanded Deposit Insurance to Prevent Crisis

Mid-size banks urge regulators to extend deposit insurance, aiming to stabilize the industry and avert widespread bank failures.

Navigating the Crypto-Crisis: Insights from U.S. Banking Regulators

Explore the federal agencies’ warnings on crypto risks and regulations impacting the U.S. banking system as we enter 2023.

FDIC Chair Martin Gruenberg Denies Support for Cryptocurrency Firms

Martin Gruenberg, the FDIC acting chair, confirms that the agency does not cover losses from tokens or support any crypto firms in the U.S.

New Jersey Representative Proposes Groundbreaking Legislation to Back Stablecoins

New Jersey Rep. Josh Gottheimer introduces the Stablecoin Innovation and Protection Act to ensure stablecoins are backed and protected.

Gemini Under Investigation: What You Need to Know About the Earn Program Controversy

Gemini faces scrutiny over claims about its Earn program assets and FDIC protection. Discover the latest updates on this unfolding controversy!