Risk exposure

According to reports, the Federal Deposit Insurance Corporation (FDIC) investigation into the collapse of Signature Bank found that its cryptocurrency deposits were at risk. Prior

According to news, the A-share market closed at 3385.61 points, with the Shanghai Composite Index rising 1.42%, the Shenzhen Composite Index closing at 11855.48 points, with a clos

According to reports, Cobo co founder and CEO Shenyu tweeted that as Shanghai\’s upgrade approaches, institutions, especially those providing centralized staging, need to review the

It is reported that the former Assistant Secretary of the Treasury of the Federal Reserve said that the Federal Reserve would have to stop its high interest rate policy because it was destroying the balance sheet of the financial sector. The US banking system is not safe because the risk exposure of its five largest banks is twice the global GDP. Due to the global interconnection, the US banking crisis will spread abroad. Former US Treasury official: The Federal Reserve will have to stop its high interest rate policy Analysis based on this information:KEYWORDS: Federal Reserve, Interest rate policy, Balance sheet, Risk exposure, Global GDP, Interconnection, Banking crisis, Collapse A former Assistant Secretary of the Treasury of the Federal Reserve recently sounded the alarm on the US banking system, warning that its high interest rate policy may be causing irreparable damage to its balance sheet. The issue with high interest rates lies in its impact on banks’ risk exposure. The…

According to reports, Yearn Finance tweeted that although there was no direct risk exposure to Euler, some vaults were indirectly exposed to hacker attacks. Yearn Finance: The indirect loss of US $1.38 million due to Euler’s theft will be fully borne with Treasury funds Analysis based on this information:Yearn Finance, the decentralized finance (DeFi) protocol, has made a tweet regarding the indirect exposure of some of its vaults to hacker attacks. While there is no direct risk exposure to Euler, it is apparent that some of Yearn Finance’s vaults are indirectly exposed to hacker attacks. This message signals an alarm to investors and users of Yearn Finance, particularly those who have assets deposited in affected vaults. The tweet is a clear indication of the potential vulnerabilities that exist in the DeFi space despite blockchain technology’s secure nature. Although blockchain technology is designed to be immutable and tamper-proof, the use of smart contracts in DeFi protocols creates new opportunities for hackers…

It is reported that Valor, the trading product provider of the crypto trading platform, confirmed today that the company and all its operating subsidiaries had no risk exposure with Silvergate Bank, Signature Bank and Silicon Valley Bank. The company also confirmed that SEBA Bank AG, one of its strategic investors, had no risk exposure with Silvergate Bank, Silicon Valley Bank and USDC. （prnewswire） Valor: No risk exposure with Silvergate Bank, Signature Bank and Silicon Valley Bank Analysis based on this information:The recent statement made by Valor, the trading product provider of the crypto trading platform, confirmed that the company and its operating subsidiaries do not have any risk exposure with major banks including Silvergate Bank, Signature Bank, and Silicon Valley Bank. In addition, Valor also confirmed that SEBA Bank AG, one of its strategic investors, also had no risk exposure with Silvergate Bank, Silicon Valley Bank, and USDC. This announcement is of great significance to Valor, as it assures the…

It is reported that the bank incident in Silicon Valley continues to ferment. A spokesman of the Hong Kong Monetary Authority said that the HKMA has been closely following the development of SVB. According to the HKMA, the risk exposure of Hong Kong banks to SVB is very small and does not pose a risk to the stability of the Hong Kong banking system. The spokesman of the HKMA reiterated that Silicon ValleyBank did not operate banking business in Hong Kong and only had a local representative office. It is not an authorized institution and therefore cannot operate banking or deposit taking business in Hong Kong. Hong Kong Monetary Authority: Hong Kong banks have little exposure to SVB Analysis based on this information:In recent news, the Silicon Valley Bank (SVB) has been causing a stir within the industry, leading to the Hong Kong Monetary Authority (HKMA) to issue a statement addressing concerns over the bank’s potential risks. The HKMA spokesperson…

On March 13, Kris Marszalek, CEO of Crypto.com, tweeted: “The company’s risk exposure to Signature Bank is zero, and we are restoring all USDC services.” Crypto.com CEO: The company has no risk exposure to Signature and is restoring all USDC services Analysis based on this information:Recently, Kris Marszalek, CEO of Crypto.com, made an announcement through his Twitter account regarding the company’s risk exposure to Signature Bank. Marszalek stated that Crypto.com currently has zero risk exposure to the bank, and they will be restoring all USDC services. This tweet was a reassurance to Crypto.com’s users who may have been worried about the recent controversies involving Signature Bank. Signature Bank is a New York-based financial institution that specializes in offering various banking services, including digital asset custody. Recently, the bank faced some controversy when it was revealed that they had provided financial services to several companies affiliated with Donald Trump. This news raised some concerns about the bank’s reputation and stability. Crypto.com…

According to reports, the CEO of Tether, the stable currency issuer, said that it had no risk exposure in Silicon Valley banks.

Tether CEO: No risk exp…

It is reported that Preferred Bank said that the company has no risk exposure in the field of venture capital and cryptocurrency.

Balfour Beatty Bank: …

According to reports, Bigg Digital Assets, a Canadian cryptocurrency company, said that it was confirmed that there was no risk exposure in SilverGate and Sili…

According to reports, Binance, the cryptocurrency exchange, said that it had no risk exposure to SVB Bank and the funds were safe.

Binance: There is no…

It is reported that Kraken CEO, the cryptocurrency trading platform, has no risk exposure to Silicon Valley banks.

Kraken CEO: Kraken has no risk expos…

According to reports, Alchemy Pay, a cryptopayment service provider, tweeted that it had no risk exposure to Silicon Valley Bank and Silvergate, and no funds w…