Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
chrisgd
on March 12, 2023
|
parent
|
context
|
favorite
| on:
Joint statement by the Department of the Treasury,...
Crypto focused bank and pretty small, even in consideration of historical bank runs
umanwizard
on March 13, 2023
[–]
Signature had 100Bn in assets and is the third-largest bank to have failed in US history (after WaMu and SVB).
AviationAtom
on March 13, 2023
|
parent
|
next
[–]
I was just surprised crypto hasn't caused more carnage in the banks. SBF had more or less made that small bank his and was pumping massive amounts through it. I feel like that couldn't have been the only bank tied up with crypto.
chrisgd
on March 13, 2023
|
parent
|
prev
[–]
Apologies. Thought it was something else. Much bigger than I thought.
umanwizard
on March 13, 2023
|
root
|
parent
[–]
I suspect you’re confusing it with Silvergate, another crypto-focused bank that is in the process of going out of business.
Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: