2023-04-08
Wall Street Journal
1 related
Sources: Binance.US has struggled to find a bank for its customers' cash after the failure of Signature Bank and is using at least one middleman to store funds
As a stopgap, the exchange is using at least one middleman to store user funds on its behalf — The U.S. affiliate …
2023-03-01
Bloomberg
2 related
Email: FTX's derivatives exchange LedgerX tells clients to send domestic wire transfers to Signature Bank instead of Silvergate Bank going forward
2023-02-07
CoinDesk
14 related
Binance plans to “temporarily” suspend US dollar bank transfers on February 8 and says that 0.01% of its monthly active users rely on USD bank transfers
not so good dealing with real money https://twitter.com/... Rock / @dataarocks : Binance got ditched by Signature Bank and they can't use Silvergate directly. Paxos operated partially through Silverga...
2023-01-23
Bloomberg
21 related
Binance says Signature Bank will only handle transactions of over $100,000, starting on February 1, as the US bank decreases its exposure to crypto markets
Binance, the world's largest cryptocurrency exchange, said Signature Bank will only handle user transactions of more than $100,000 …
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