Deposits

Regional bank stocks, as monitored through the SPDR S&P Regional Banking ETF (NYSE:KRE), continue to trade about 13% lower than they were prior to the collapse of Silicon Valley Bank in March 2023, indicating that investor sentiment has yet to fully regain trust in the industry following last...

Crypto exchange Binance (CRYPTO: BUSD) plans to leave Russia and now wants to halt local currency deposits in the coming week, effective Nov. 15, 2023, as stated on its blog. The exchange also advised users to withdraw the Russian currency from the platform, as it was expected to terminate...

Recent data reveals a substantial exodus of deposits from U.S. banks, increasing apprehensions about the robustness of the nation's financial institutions. What Happened: According to Federal Reserve Economic Data, there was a staggering $100 billion reduction in deposits within U.S....

CoinEx has initiated its withdrawals and deposits service after it suffered a $27 million hack earlier this month. The company expects the wallet service to be reconstructed and deployed on Sep. 21 as disclosed in a company blog post. Know more about hacks and security measures adopted. Meet and...

Recent numbers from the Federal Reserve Economic Data reveal that a staggering $78 billion exited American bank accounts from July 5 to the 12. What Happened: According to the data, after a relatively stable two-week period, an exodus of deposits took place as big...

For the first time in about a month, deposits at U.S. commercial banks reportedly rose near the end of March, indicating signs of stability after the collapse of two large banks rattled the banking system and sent deposits flying to money market funds.Deposits at all commercial banks increased to $...

Leading cryptocurrency exchange Binance has temporarily halted deposits and withdrawals on its platform due to issues impacting its spot trading. The exchange's CEO, Changpeng Zhao, revealed in a tweet on Friday that a bug had been detected in the matching engine of a trailing stop order....

Cryptocurrency exchange Kraken on Wednesday announced that it will stop offering trading services through its subsidiary, Payward Asia, in Japan on January 31, 2023, and deregister from the Financial Services Agency of the Asian nation. This marks Kraken's second exit from the...