Flagstar, which acquired the assets of Signature Bank, received $25 billion in cash from the FDIC.
Nasdaq plans to launch a new crypto custody offering next quarter, making it one of the few traditional financial institutions to provide this service.
Banks across the world are down today, some by near 10% or more.
The Federal Reserve's monetary tightening has been erased by over 60%, but liquidity in the commercial banking sector is still tightening.
Arbitrum's newly airdropped ARB token began trading at $8 before falling steeply to $1.30. Despite system overloads and errors, trading volumes have ballooned to $1.2 billion.
Nasdaq has risen by more than 2% in an all out green day as a new acronym enters the lexicon: Buy The Effing Pivot (BTFP).
Coinbase's stock has dropped but Coinbase's decision to go to court could bring clarity.
None of the six largest banks in the US can survive a bank run for even 30 days finds paper.
Coinbase got a Wells notice, instead of feedback on their proposals for a registration path, which is necessary since no existing path is available for crypto exchanges to register.
Bitcoin experiences volatility as the market reacts to the Federal Reserve's decision to increase interest rates.