Search for "SVB"

#Bitcoin exchange deposits hit a three-year low, while exchange withdrawals are starting to outpace deposits for the first time since SVB collapse. 

Yesterday, saw the third largest outflow of the year in #Bitcoin, $280m or roughly 10k #BTC. The three largest outflows have all occurred after the #SVB collapse. 

First Citizens Bank to buy SVB's deposits, loans from FDIC  https://foxdeo.com/RiBe.tnk

The @FDICgov has finalized a deal worth $55.5 billion with @firstcitizens for Silicon Valley Bank's deposits and loans. All SVB branches will re-brand as of Monday. @thesamreynolds reports  https://foxdeo.com/JiBe.tnk

The Federal Deposit Insurance Corp. says it has agreed on the sale of troubled Silicon Valley Bank to North Carolina-based First-Citizens Bank & Trust Co. The sale involves the sale of all deposits and loans of SVB to First-Citizens.  https://foxdeo.com/8iBe.tnk