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New York Community Bank Buying Large Portion of Failed Signature Bank

Non-crypto related deposits held by former Signature Bank (now Signature Bridge Bank) will be assumed by Flagstar Bank, N.A., a subsidiary of New York Community Bancorp, as of Monday under a purchase and assumption agreement, the FDIC said in a press release on Sunday U.S. time. Custodia Bank founder and CEO Caitlin Long shares her reaction.

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What Tech Layoffs Mean for Crypto

Thousands of people have lost jobs in the tech industry, so how is crypto faring? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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Bitcoin Breaks Above $28K as UBS Agrees to Buy Credit Suisse

Bitcoin (BTC) is climbing above $28,000 for the first time since last June, as some traders see the cryptocurrency as a hedge against the traditional banking system, which has had its share of troubles over the past few weeks, including the collapse of Silicon Valley Bank and regulators' takeover of Signature Bank. "First Mover" hosts Christine Lee and Lawrence Lewitinn discuss.

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Signature Bank Non-Crypto Related Deposits to Be Assumed by New York Community Bancorp Unit: FDIC

Non-crypto related deposits held by former Signature Bank (now Signature Bridge Bank) will be assumed by Flagstar Bank, N.A., a subsidiary of New York Community Bancorp, according to a press release from the FDIC. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De weighs in on what this means for the crypto industry.

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Bitcoin Surpasses $28K for the First Time Since Last June

Bitcoin (BTC) is topping $28,000 for the first time since last June. This comes as the Federal Reserve announced it had joined other major central banks to ensure a steady flow of the U.S. dollar, a dominant reserve currency, in the global financial system. Delphi Digital co-founder Tom Shaughnessy shares his crypto markets outlook.

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CFTC Names Crypto Leaders From Circle, TRM Labs, Fireblocks Among Others to New Tech Advisory Group

The Commodity Futures Trading Commission (CFTC) has named former White House official Carole House to chair the newly-formed tech advisory group with members that include executives from Circle, TRM Labs and Fireblocks. House joins "First Mover" to discuss her outlook for the group's approach to crypto regulation and reaction to SEC Chairman Gary Gensler suggesting again that proof-of-stake tokens are securities.

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Custodia Bank’s Caitlin Long on State of U.S. Crypto Regulation Amid Banking Turmoil

New York Community Bank has agreed to buy a major chunk of failed Signature Bank, according to the FDIC. Custodia Bank founder and CEO Caitlin Long discusses what to make of the lingering U.S. banking jitters and the potential impact on crypto regulation in the country. Plus, her reaction to UBS purchasing rival Credit Suisse.

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Lightning Labs’ Taro Project Faces Pause as Judge Issues Temporary Injunction for Trademark Infringement

Blockchain software development firm Tari Labs sued Bitcoin infrastructure firm Lightning Labs in December for trademark infringement over the use of the name “Taro.” CoinDesk's Editor at Large, Christie Harkin, discusses the latest developments.

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Breaking Down Bitcoin’s Performance Amid Banking Turmoil

CoinDesk Crypto Markets Analyst Glenn Williams Jr. joins "All About Bitcoin" to break down bitcoin's strong performance amid contagion jitters around the banking industry. Plus, insights on how the crypto market is impacted by macroeconomic data, including U.S. inflation data and weekly jobless claims.

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Bitcoin Flirts With $27K Following Silicon Valley Bank's Failure

Silicon Valley Bank (SVB) failed on March 10, and the price of bitcoin (BTC) has been rallying since then. The narratives around bank failures, stablecoins and interest rate hikes seem strong enough to propel the price of the largest cryptocurrency by market capitalization. CoinDesk Senior Research Analyst George Kaloudis breaks down bitcoin's latest price moves and more in "The Chart of The Day."

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