FDIC Creates Bridge Banks for Failed Silicon Valley Bank and Signature Bank Clients to Access Funds

The U.S. Federal Deposit Insurance Corporation (FDIC) has announced that clients of Silicon Valley Bank (SVB) and Signature Bank (SBNY) can access their funds during normal banking hours on Monday, March 13, 2023. The FDIC stated that both banks’ deposits were made whole under the “systemic risk exception” approved by the U.S. Federal Reserve and […]

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Binance to Offer $500 Million Worth of Loans to Crypto Mining Industry

Binance to Offer $500 Million Worth of Loans to Crypto Mining IndustryCryptocurrency exchange Binance has set out to support crypto miners through a lending program established by its mining pool. Presenting the initiative this week, the coin trading platform also unveiled that Binance Pool intends to launch cloud mining products. Leading Exchange Binance Looking to Help Bitcoin Miners in Difficult Times for Crypto Business Binance, the […]

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The Global Economy Comes Before Savers: ECB President Christine Lagarde Defends Negative Interest Rates

The Economy Comes Before Savers: ECB President Christine Lagarde Defends Negative Interest RatesThe European Central Bank President Christine Lagarde is keeping the central bank’s monetary easing policies unchanged according to her statements from a press conference last Thursday. Moreover, the central bank’s Twitter account recently shared a video of Lagarde defending negative interest rates, as the bank’s President stresses that they “support companies and people in the […]

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As US Expands Subprime Mortgage Program, Is a New Crisis Looming?

US Expands Subprime Mortgage Program, Is a New Crisis Looming?The Federal Housing Administration, a division of the U.S. Department of Housing and Urban Development, has recently adopted new guidelines widening the scope of condo purchases eligible for lower down payment loans insured by the government. While that could lead to more members of certain social groups buying a first home, critics fear a new […]

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PR: LendaBit.com Launches Excellent P2P Service for Unverified Borrowers

LendaBit.com Launches Excellent P2P Service for Unverified BorrowersLendaBit.com, one of the fastest-growing P2P lending platforms, is pleased to announce the launch of a new special service campaign aimed at further loan liberalization for unverified platform users. From now on, all registered platform users are able to take crypto loans up to 300 USDT on a daily basis, where the borrowing fee accounts for 1% – no verification required!

The post PR: LendaBit.com Launches Excellent P2P Service for Unverified Borrowers appeared first on Bitcoin News.

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