New paper from #Yale and the #FederalReserve blames the 2023 banking crisis on (you guessed it) #crypto and Nerd Reich #VCs.

> "A clearer commonality between the six banks [that failed], the paper argues, is their exposure to risky depositor bases that other banks shied away from: #crypto firms and [tech] venture capitalists."

* American Banker: https://www.americanbanker.com/news/new-paper-hangs-march-2023-failures-on-business-model-risks
* Paper: https://www.chicagofed.org/publications/working-papers/2025/2025-04

#SiliconValleyCalif #SVB #SBNY #SignatureBank #FirstRepublic #a16z #Broligarchs #NerdReich #uspol #banking #finreg #Silvergate

Crypto and VC firms led to SVB's failure, researchers say

New research on the failures of Silicon Valley Bank and other regional banks in 2023 points to cyclicality of venture capital and the volatility of crypto as bigger factors than uninsured deposits or unrealized losses.

American Banker

@GottaLaff the crypto bros are big mad about the collapse of #Silvergate and Signature banks (AKA "the big crypto banks"). the conspiracy theory they have about the #FDIC is called "Operation Chokepoint 2.0" if you want to look into it.

(the reality is that Silvergate and Signature banks were massive money laundering hubs, moving literally trillions of dollars a year in untracked funds outside of all money laundering regulations. they were both intimately connected to #FTX)

cc @KimPerales ICYMI

i published this 4 months before Signature Bank collapsed: https://cryptadamus.substack.com/p/signature-bank-ftx-and-trueusd-a

#SBNY #SI #SignatureBank #Crypto #OperationChokepoint #OperationChokepoint2

Signature Bank, FTX, Binance, and TrueUSD: A Tale of Questionable Judgement

If something is not "not illegal" then what is it?

The Cryptocalypse Chronicles

🚨Ω🚨
#CustomersBank AKA #CUBI is on a mission to relive the Savings & Loan crisis of the 1980s... They're trying to keep their deposit base high enough to stay solvent by hiking the interest rates they pay but that means ballooning costs.

Worth noting that #CUBI is one of the last #crypto friendly banks in the United States... basically a mini-me of #SignatureBank / #SBNY. Will meet the same fate.

(h/t this guy https://twitter.com/RhoRider/status/1644410263083401216)

Rho Rider on Twitter

“🚩🚩wow, $CUBI just hiked their “MaxMyInterest” yield AGAIN yesterday! Theyre bleeding deposits & desperate To stay alive they MUST keep the best rate among banks partnered with this sketch fintech to get the new deposit flow…it is a death spiral of rising interest expense”

Twitter
Wall Street Breakfast: What Moved Markets

Listen on the go! A daily podcast of Wall Street Breakfast will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify.

Seeking Alpha

🚨Ω🚨
#TheCryptocalpyseChronicles: How Everyone Is Getting The Story Of Silicon Valley and Signature Bank Completely Wrong

(And other incomprehensible things, like #Coinbase's banking partnerships)

Ω👇Ω
https://cryptadamus.substack.com/p/how-everyone-got-the-story-of-silicon
#SVB #SIVB #SiliconValleyBank #SignatureBank #SBNY #SI #SilvergateBank #Coinbase #COIN #cryptocurrency #crypto #SigNET #Bank #banking #banks

How Everyone Is Getting The Story Of Silicon Valley Bank and Signature Bank Completely Wrong

And other incomprehensible things, like Coinbase's banking partner.

The Cryptocalypse Chronicles
Wall Street Breakfast: What Moved Markets

Listen on the go! A daily podcast of Wall Street Breakfast will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify.

Seeking Alpha
Signature Bank CEO in 2018: “In five years a number of banks will not be around because of blockchain technology.” Turns out he was right, just not for the reasons he thought. #crypto #sbny #silvergate #banking
Labeling the relief as relief for depositors is a step in the right direction. Bail out the victims, not the failures. #SVB #SBNY
Wall Street Breakfast: What Moved Markets

Listen on the go! A daily podcast of Wall Street Breakfast will be available this morning. on Seeking Alpha, iTunes, Stitcher and Spotify.

Seeking Alpha

🚨📜🚨 #TheCryptocalpyseChronicles presents:

Are Crypto.com and Binance's European Assets Frozen In Banking Space-Time?

Are customers ever going to see that money again or is all that money about to be ejected from the airlock of the Starship International Banking System into the frozen silence of the interplanetary void?

A timeline of recent disastrous events in the history of the money that belongs to customers of #Binance and #Cryptocom but that is probably already seized by the government and/or stolen by #Putin to aid Russian money laundering.

Retoot for great justice!

Ω👇Ω
https://cryptadamus.substack.com/p/are-cryptocom-and-binances-european

#CRO #Cronos #BUSD #Banking #bank #cryptocurrency #crypto #BNB #BNBChain #FTX #SBNY #SI #FTXScam #SBF #CZ @davidgerard @ncweaver @JorgeStolfi @molly0xfff @CryptoCriticPod @BennettTomlin @mikeburgersburg @poppyalexander @matt_levine @intel_jakal @coloradotravis @Frances_Coppola

Are Crypto.com and Binance's European Assets Frozen In Lithuanian Banking Space-Time?

And is all that money about to be ejected from the airlock of the Starship TradFi into the frozen silence of the interplanetary void?

The Cryptocalypse Chronicles