Binance controlled its US arm’s bank accounts for two years: Reuters
Bank records and company DMs reveal that Binance US had no control over its own bank accounts held at Silvergate between 2019 and 2020.
Crypto banking giant Silvergate is no more following NYSE delisting
Before Silvergate Bank closed, Block.One founder, Brendan Blumer, Citadel, and Cathie Wood’s ARK Invest all made doomed attempts to save it.
Congressional report says crypto didn’t cause bank runs — fear of exposure did
Although banks had minimal crypto exposure, panicked clients pulled out funds and sealed the fate of SVB, Silvergate, and Signature Bank.
UK crypto group wants gov’t to step in to stop de-banking
CryptoUK says a list of safe firms is just one of a number of measures the government can take to prevent exchanges from being de-banked.
Block.One founder Brendan Blumer lost over $70M on Silvergate
Brendan Blumer of EOS and Block.One fame invested over $90 million in Silvergate right before it collapsed 80%.
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Wyre’s corporate entities are in disarray but it may still be serving Binance US—by Protos Staff
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Binance controlled its US arm’s bank accounts for two years: Reuters—by Protos Staff
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Who really owns crypto exchange Huobi?—by Protos Staff
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Missing ‘bitcoin millionaire’ and crypto founder found dead in Ozarks—by Protos Staff
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Crypto banking giant Silvergate is no more following NYSE delisting—by Protos Staff
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Richard Heart’s Pulse launch flops, users stranded, HEX crashes—by Protos Staff
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‘Giancarlo’ keys managed poorly says post-hack Bitfinex security report—by Protos Staff
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Bitcoin suddenly becomes second-biggest NFT blockchain—by Protos Staff
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BitBoy and another less famous Ben are giving crypto a bad name—by Cas Piancey
