contagion
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Regulation
FDIC Says Signature Bank Cratered Due to Contagion Effects and Failure To Understand the Risks of Crypto
Signature Bank (SBNY) primarily failed due to contagion that spread from other recently collapsed financial institutions, according to the U.S.…
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Regulation
Contagion from SVB’s collapse highlights need for banking system resilience, says Fed official
Ad FDIC guarantees all deposits but investors suffer losses in SVB and Signature failures, with Basel III endgame reforms crucial…
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Regulation
Circle CEO Jeremy Allaire Warns Contagion Risks Not Completely Gone Following USDC Depeg
Circle CEO Jeremy Allaire believes that the risks to the banking system haven’t completely disappeared days after the US federal…
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Regulation
US authorities preparing ‘material action’ to curb SVB contagion
United States authorities are working on “material action” over the weekend in an attempt to limit the ripple effect across…
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Regulation
Bitcoin Bursts to $22,000 As Biden Administration Tries to Stop Contagion in U.S. Financial System
The price of Bitcoin (BTC) is soaring as the Biden Administration races to prevent the collapse of Silicon Valley Bank…
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Altcoins
MakerDAO [MKR] reacts to Stablecoin contagion with this proposal
MakerDAO reveals an emergency proposal to reinforce its platform against stablecoin risks. USDC de-pegging inadvertently triggers demand for MKR. MakerDAO…
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Analysis
Nine out of top 10 stablecoins trading below peg as USDC contagion spreads – Tether sole survivor
Ad Nine of the top 10 stablecoins by market cap are trading below their dollar peg as the market reels…
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Bitcoin
Bitcoin: How the FTX contagion reduced external factors’ impact on BTC
Many BTC left exchange storage since the FTX exchange crashed in November. The king coin continues to drift away from…
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