Nate DiCamillo

Nate DiCamillo

Latest from Nate DiCamillo


Finance

Crypto Lender Celsius Tells Clients to Increase Collateral in Case of Margin Calls

The lender said clients should be prepared for margin calls because of “market conditions.”

Celsius CEO Alex Mashinsky

Policy

State Lawmaker Explains Wyoming's Newly Passed DAO LLC Law

Wyoming DAO LLCs have to be domiciled in the state, which could be a point of confusion for denizens of the decentralized web.

Wyoming state flag

Finance

Signature Bank Goes Head-to-Head With Silvergate in Bitcoin-Backed Lending

Signature’s CEO said on an earnings call Wednesday the bank wants it to be a “no-loss business.”

Signature Bank CEO Joseph DePaolo

Markets

Signature Bank Added $3.8B in Non-Interest Bearing Deposits in Q1

These deposits are seen as a proxy for growth among crypto-industry clients.

Signature Bank Chairman Scott A. Shay

Markets

Silvergate Execs Pressed by Analysts on Yield From Crypto Customer Deposits

In a low interest rate environment, CEO Alan Lane said he is more focused on keeping the Silvergate Exchange Network liquid with readily available deposits than in juicing short-term profit.

Silvergate CEO Alan Lane (CoinDesk)

Finance

Binance.US Hires Former Bank Regulator Brian Brooks as CEO, Former Head Coley to Depart

The Trump administration's Acting Comptroller of the Currency has joined the U.S. affiliate of the world's largest crypto exchange.

Former Acting Comptroller of the Currency Brian Brooks

Markets

Circle Adds Signature as a Banking Partner

The partnership will allow for future integrations of Circle products and services within the bank.

Circle founder and CEO Jeremy Allaire

Markets

Canada Approves Three Ethereum ETFs in One Day

The approval comes just over two months after Canada approved its first bitcoin ETF.

Toronto

Finance

Morgan Stanley Confirms Wealth Management Clients Have Access to 2 Crypto Funds

In the bank’s first quarter earnings call Friday, CFO Jonathan Pruzan said Morgan Stanley would offer more crypto services if clients showed more interest.

Morgan Stanley CEO James Gorman

Markets

Former Citigroup Chairman Joins Board of Crypto Payments Firm Celo

Dick Parsons could bring a critical eye to some of the decentralized finance protocols that look like structured products, said Celo co-founder Rene Reinsberg.

Former Citigroup Chairman Dick Parsons