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#silvergate — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #silvergate, aggregated by home.social.

  1. New paper from #Yale and the #FederalReserve blames the 2023 banking crisis on (you guessed it) #crypto and Nerd Reich #VCs.

    > "A clearer commonality between the six banks [that failed], the paper argues, is their exposure to risky depositor bases that other banks shied away from: #crypto firms and [tech] venture capitalists."

    * American Banker: americanbanker.com/news/new-pa
    * Paper: chicagofed.org/publications/wo

    #SiliconValleyCalif #SVB #SBNY #SignatureBank #FirstRepublic #a16z #Broligarchs #NerdReich #uspol #banking #finreg #Silvergate

  2. What a surprise - look who benefits from the emerging bank crisis #SVB #Silvergate #SignatureBank - Bank of America #BofA received deposits worth over $15B in recent days. The #lender benefitted from the collapse of three smaller banks due in part to its reputation as a more secure institution. bloomberg.com/news/articles/20

  3. Total crypto market cap takes a hit amid Silvergate Bank crisis - The total crypto market cap slipped below $1.025 trillion as conc... - cointelegraph.com/news/total-c #silvergate #markets #funding #options #ftx #eos #imx