Crypto Market

    Signature Bank Collapse: Coinbase, Paxos Disclose Massive Exposure

    Signature Bank Collapse: Coinbase, Paxos Disclose Massive Exposure

    Signature Bank became the third US bank institution to collapse in the span of four days. Similar to the now-collapsed Silvergate Bank, it also had a large corporate customer base from the cryptocurrency industry. The other one, https://www.financemagnates.com/cryptocurrency/svb-crisis-circle-escapes-usdc-depeg-with-regulatory-assurance/” target=”_blank” rel=”follow noopener”>Silicon Valley Bank (SVB), mostly tapped the technology sector…
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