Two of the biggest banks to cryptocurrency companies are rushing to stem customer withdrawals by borrowing billions from a system originally designed to support mortgage lending
Crypto imploded in 2022 as investors lost faith in digital assets and the industry was plagued with crisis. Unlike other collapses, this one has largely avoided rippling into other markets. WSJ explains how crypto became so interconnected.
Signature Bank tapped its local home-loan bank for nearly $10 billion in the fourth quarter, among the largest such borrowings by any bank since early 2020, according to securities filings. Silvergate Capital Corp. , a competing lender that shifted its
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