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Mantapex
Krypto-News & Marktsentiment
Neutral
Crypto Briefing

US government moves $103M in crypto, including 833 BTC and 40,285 BNB

BTCBNB
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Winklevoss-Backed Zcash ETF Aims for Nasdaq with Direct ZEC Holdings
Positiv
The Currency Analytics

Winklevoss-Backed Zcash ETF Aims for Nasdaq with Direct ZEC Holdings

ZEC
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Conduit Files Lawsuit Against Tether for Unlawfully Frozen USDT
Negativ
The Currency Analytics

Conduit Files Lawsuit Against Tether for Unlawfully Frozen USDT

USDT
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Dogecoin Holds Below $0.10 as Resistance Caps Recovery
Neutral
TokenPost

Dogecoin Holds Below $0.10 as Resistance Caps Recovery

DOGE
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Startale Bond Puts a Yen Stablecoin to Work in Corporate Finance
Positiv
Bitcoin News

Startale Bond Puts a Yen Stablecoin to Work in Corporate Finance

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Dogecoin price prediction: Golden cross returns, but can DOGE clear $0.10?
Positiv
AMBCrypto

Dogecoin price prediction: Golden cross returns, but can DOGE clear $0.10?

DOGECROSS
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Elon Musk Grok AI Predicts Bitcoin Could Hit $1M by 2027
Positiv
Cryptonews

Elon Musk Grok AI Predicts Bitcoin Could Hit $1M by 2027

BTC
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Strategy Bought 334 BTC in Latest Weekly Purchase
Positiv
TokenPost

Strategy Bought 334 BTC in Latest Weekly Purchase

BTC
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Erebor, the crypto-focused national bank backed by Palmer Luckey, has raised more than $7 billion in deposits and attracted over 500 customers since its opening, according to the Financial Times on October 6.  This returns technology and cryptocurrency deposits to a specialized bank just three years after Silvergate's demise. The main question now is whether Erebor will be able to steer clear of a similar disaster, with depositors racing to withdraw their cash.  So far, Erebor is taking a cautious approach. It is keeping much of that money liquid instead of lending it aggressively.  The cash-heavy balance sheet that sets it apart  Erebor's Q2 2026 filings show just how unusual that model is. According to Bank Data Insights, the bank held $4.06 billion in deposits. It also had $4.17 billion in cash and interbank balances. Gross loans stood at just $77.8 million.  The recently reported deposit amount of $7 billion indicates how rapidly Erebor might be expanding. But the overall approach to business remains unchanged. Money is being taken in much quicker than it is lent out.  The reason for such caution can be partly explained by the requirements set by the OCC. Approval by OCC obliges Erebor to have a very liquid balance sheet and keep its Tier 1 leverage ratio no lower than 12% during the first three years of its existence. In the second quarter of this year, the ratio was indicated as 38.81%.  Profitability is the trade-off. Erebor reported a $16.3 million loss. Return on assets was negative 1.03%, while its net interest margin was 0.71%.  Erebor Bank holds $4.17B in cash as deposits top $7B  Currently, it appears that the behavior of Erebor suggests it is acting less like a traditional lending institution and more like a bank that is operating with an objective of being able to make funds available quickly.  What sank Silvergate three years ago  This presents a sharp contrast to Silvergate’s case.  According to the Federal Reserve's inspector general, before its liquidation in 2023, Silvergate had reached assets worth over $16 billion. The bank was highly reliant on crypto customers. It also grew rapidly, was poorly governed, and depended largely on uninsured, non-interest-bearing deposits.  When confidence broke, deposits disappeared quickly. Silvergate lost 68% of its deposits in the fourth quarter of 2022. It then had to sell securities at heavy losses to meet withdrawals.  Erebor is trying to avoid that trap by keeping much more of its balance sheet immediately available.  A bridge to always-on dollar settlement  Erebor's ambitions go beyond conventional banking. Its regulatory framework allows limited crypto holdings for network transaction fees. Its wider strategy also includes blockchain-based settlement and round-the-clock payments.  That could put Erebor between regulated deposits, stablecoins and 24/7 digital markets.  The BIS estimates stablecoin market capitalization reached about $320 billion by May 2026. It also warns that wider adoption could affect bank funding, liquidity and demand for dollar assets.  Why Asia makes the stakes global  The opportunity is increasingly international. The OECD found that blockchain-based crypto transactions in Asia grew 69% year over year through June 2025. That was the fastest growth of any region.  Erebor has built a much thicker liquidity cushion than Silvergate had. But the core risk has not disappeared. Tech and crypto deposits can move fast.  The real test will come when they do.  TLDR  Erebor, Palmer Luckey's crypto-focused national bank, has gathered more than $7 billion in deposits and 500-plus customers since launch while lending only about $78 million and parking most of its money in cash. That matters because it rebuilds the depositor concentration that sank Silvergate in 2023, but under OCC liquidity and capital conditions meant to prevent a repeat. The open question is whether those safeguards fix the model or just buy time.
Neutral
Cryptopolitan

Erebor, the crypto-focused national bank backed by Palmer Luckey, has raised more than $7 billion in deposits and attracted over 500 customers since its opening, according to the Financial Times on October 6. This returns technology and cryptocurrency deposits to a specialized bank just three years after Silvergate's demise. The main question now is whether Erebor will be able to steer clear of a similar disaster, with depositors racing to withdraw their cash. So far, Erebor is taking a cautious approach. It is keeping much of that money liquid instead of lending it aggressively. The cash-heavy balance sheet that sets it apart Erebor's Q2 2026 filings show just how unusual that model is. According to Bank Data Insights, the bank held $4.06 billion in deposits. It also had $4.17 billion in cash and interbank balances. Gross loans stood at just $77.8 million. The recently reported deposit amount of $7 billion indicates how rapidly Erebor might be expanding. But the overall approach to business remains unchanged. Money is being taken in much quicker than it is lent out. The reason for such caution can be partly explained by the requirements set by the OCC. Approval by OCC obliges Erebor to have a very liquid balance sheet and keep its Tier 1 leverage ratio no lower than 12% during the first three years of its existence. In the second quarter of this year, the ratio was indicated as 38.81%. Profitability is the trade-off. Erebor reported a $16.3 million loss. Return on assets was negative 1.03%, while its net interest margin was 0.71%. Erebor Bank holds $4.17B in cash as deposits top $7B Currently, it appears that the behavior of Erebor suggests it is acting less like a traditional lending institution and more like a bank that is operating with an objective of being able to make funds available quickly. What sank Silvergate three years ago This presents a sharp contrast to Silvergate’s case. According to the Federal Reserve's inspector general, before its liquidation in 2023, Silvergate had reached assets worth over $16 billion. The bank was highly reliant on crypto customers. It also grew rapidly, was poorly governed, and depended largely on uninsured, non-interest-bearing deposits. When confidence broke, deposits disappeared quickly. Silvergate lost 68% of its deposits in the fourth quarter of 2022. It then had to sell securities at heavy losses to meet withdrawals. Erebor is trying to avoid that trap by keeping much more of its balance sheet immediately available. A bridge to always-on dollar settlement Erebor's ambitions go beyond conventional banking. Its regulatory framework allows limited crypto holdings for network transaction fees. Its wider strategy also includes blockchain-based settlement and round-the-clock payments. That could put Erebor between regulated deposits, stablecoins and 24/7 digital markets. The BIS estimates stablecoin market capitalization reached about $320 billion by May 2026. It also warns that wider adoption could affect bank funding, liquidity and demand for dollar assets. Why Asia makes the stakes global The opportunity is increasingly international. The OECD found that blockchain-based crypto transactions in Asia grew 69% year over year through June 2025. That was the fastest growth of any region. Erebor has built a much thicker liquidity cushion than Silvergate had. But the core risk has not disappeared. Tech and crypto deposits can move fast. The real test will come when they do. TLDR Erebor, Palmer Luckey's crypto-focused national bank, has gathered more than $7 billion in deposits and 500-plus customers since launch while lending only about $78 million and parking most of its money in cash. That matters because it rebuilds the depositor concentration that sank Silvergate in 2023, but under OCC liquidity and capital conditions meant to prevent a repeat. The open question is whether those safeguards fix the model or just buy time.

BASEDEPT
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Black Hills commits $1.8 billion to power Google’s Cheyenne data center
Positiv
Crypto Briefing

Black Hills commits $1.8 billion to power Google’s Cheyenne data center

Lesen
U.S. Spot Solana ETFs Record $3.7 Million in Net Outflows
Negativ
TokenPost

U.S. Spot Solana ETFs Record $3.7 Million in Net Outflows

SOL
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CertiK to audit Sui's live bid to break its own 6-million TPS record
Positiv
Cryptopolitan

CertiK to audit Sui's live bid to break its own 6-million TPS record

Lesen
Quantum-proof network Quantus debuts its QTC token on Near – Details
Positiv
AMBCrypto

Quantum-proof network Quantus debuts its QTC token on Near – Details

Lesen
Tim Cook's 2023 Apple award pays out at 171% after a 76th-percentile return
Neutral
Cryptopolitan

Tim Cook's 2023 Apple award pays out at 171% after a 76th-percentile return

Lesen
MagicBlock Launches Validator v1.0 on Solana After 18 Months of Work
Positiv
TokenPost

MagicBlock Launches Validator v1.0 on Solana After 18 Months of Work

SOL
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Pump.fun’s SOL Sales Reach 5.3479 Million Tokens, Worth $861 Million
Positiv
TokenPost

Pump.fun’s SOL Sales Reach 5.3479 Million Tokens, Worth $861 Million

SOLPUMP
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ANVL Rises 83% as Market Capitalization Reaches $109.4 Million
Positiv
TokenPost

ANVL Rises 83% as Market Capitalization Reaches $109.4 Million

Lesen
UK names 6 banks to lead DIGIT as tokenized Treasuries boom
Positiv
Cryptopolitan

UK names 6 banks to lead DIGIT as tokenized Treasuries boom

Lesen
Euro Gains Ground Against US Dollar Following Le Pen's Budget Announcement
Neutral
The Currency Analytics

Euro Gains Ground Against US Dollar Following Le Pen's Budget Announcement

Lesen
Euro Strengthens as Traders React to Le Pen's Unveiled Fiscal Strategy
Neutral
The Currency Analytics

Euro Strengthens as Traders React to Le Pen's Unveiled Fiscal Strategy

Lesen
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