DIGITAL bank MariBank has launched to a small select individuals within the Sea ecosystem according to a source familiar with the matter. Previously only employees of Sea could open accounts with the bank from December 2022.
DIGITAL bank MariBank has launched to a small select individuals within the Sea ecosystem according to a source familiar with the matter. Previously only employees of Sea could open accounts with the bank from December 2022.
SIGNATURE Bank’s payments network — used by cryptocurrency firms looking to exchange fiat currency in real-time — is still online even after the lender was put into receivership.
CRYPTO market participants redeemed nearly US$1.74 billion of the stablecoin USD Coin on Monday (Mar 13), according to data compiled by researcher Nansen.
APOLLO Global Management expressed interest in snapping up a book of loans held by Silicon Valley Bank, the California lender seized by federal regulators last week.
HACKERS on Monday stole almost US$200 million from a British company that specialises in lending to crypto projects, a security firm said, in the biggest such attack for months.
CUSTOMERS of under-pressure US banks said on Monday they were reassured after authorities stepped in to protect deposits, even as markets fretted about systemic contagion.
CUSTOMERS Bancorp, a regional lender that rode the crypto wave last year, fell 24 per cent on Monday amid a wider selloff of financial stocks stemming from the collapse of Silicon Valley Bank.
TURMOIL continued to engulf shares in banks as investors rushed to reduce exposure to the banking industry after seeing equity stakes wiped out at Silicon Valley Bank and Signature Bank.
