Bankruptcy
Coinbase drops support for Signature’s still-active Signet payment network
The Signet payment network remains operational despite Signature's failure.
Mike Dalton 2 min read 
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Mike Dalton 2 min read 
Bankruptcy
UBS completes Credit Suisse deal for $3.2B following offer from Justin Sun
Swiss President Alain Berset announced the outcome of the deal.
Bankruptcy
Silicon Valley Bank parent firm files for bankruptcy protection
Though Silicon Valley Bank has failed, SVB Securities and Capital still operate.
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Featured
Bankruptcy judge rejects U.S. government’s request to delay Voyager-Binance.US deal
Voyager clients have been unable to access their cryptocurrency since the July 2022 bankruptcy declaration.
Analysis
Reuters report that any bank bidding for Signature “must give up all crypto business”
The FDIC has handed over auction of the bank to Piper Sandler, who will conduct a second auction on March 17.
Featured
FTX identify over $3B transfer to SBF, others
FTX's former CEO Sam Bankman_Fried received $2.2 billion in payments and loan from the bankrupt firm, according to a press statement.
Banking
Anchorage Digital lays off 20% of staff as other crypto-friendly banks shutdown
The federally charted bank is cutting staff due to regulatory uncertainties, according to a Bloomberg report.
Bankruptcy
NY regulators say Signature Bank closure unrelated to cryptocurrency
The New York State Department of Financial Services said that its closure of Signature Bank was unrelated to the bank's crypto ties.
Regulation
SEC, DOJ investigating Silicon Valley Bank: WSJ
Two U.S. regulators have begun an early investigation into the failed Silicon Valley Bank, according to the WSJ.