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FDIC pins Signature Bank’s failure on poor governance and illiquidity

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FDIC blamed SBNY’s board of directors and management for pursuing “unrestrained growth” using uninsured deposits without implementing liquidity risk management strategies.

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Crypto PACs escalate spending against Sherrod Brown in Ohio Senate race

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At least two industry-aligned PACs have poured more than $52 million into opposing Sherrod Brown’s return to the Senate.

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Coin Market

Stablecoin remittances cost 84% less than traditional transfers, report finds

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Borderless.xyz data shows major savings on cross-border business payments, with stablecoin transfers also settling faster than traditional international bank wires.

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Bitcoin price steadies around $82K after Fed’s Warsh avoids rate-hike hints

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Bitcoin held above $80,000 as South Korean tech stocks recovered from a sell-off and traders lowered their expectations for a Federal Reserve interest-rate hike.

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