Helene Braun

Helene is a U.S. markets reporter at CoinDesk, covering the US economy, the Fed, and bitcoin. She is a recent graduate of New York University's business and economic reporting program.

Recent

Technology

Analysis

Rapid Bank Runs Reveal Deposits Are Now Magic Internet Money, Too

Federal Reserve Chair Jerome Powell says the speed of the Silicon Valley Bank run was “very different from what we’ve seen in the past.” It’s hard not to draw comparisons to the rapid withdrawals in crypto in 2022.

By Helene Braun Bradley Keoun

Mar 22, 2023 at 10:15 p.m. UTC

Mar 22, 2023

AnalysisbankingFederal ReserveUSBitcoin

Finance

Silvergate

Kraken to Suspend ACH Deposits and Withdrawals Following Silvergate Shutdown

The exchange says no other services will be affected by this change.

By Helene Braun

Mar 22, 2023 at 9:11 p.m. UTC

Mar 22, 2023

SilvergateKraken

Finance

Crypto exchange

Crypto Exchange OKCoin Suspends Trading of Miami and NYC CityCoins

The exchange said “unexpectedly low liquidity” poses risks to users, which the platform tries to avoid.

By Helene Braun

Mar 21, 2023 at 8:15 p.m. UTC

Mar 21, 2023

Crypto ExchangeCityCoinsMiamiCoinNYCcoinOKCoin

Finance

Coinbase

Coinbase Is Weighing Setting Up Non-U.S. Trading Platform: Bloomberg

The search comes as the U.S. accelerates actions against the crypto sector in the wake of FTX’s collapse and the shutdown of three crypto-friendly banks.

By Helene Braun

Mar 17, 2023 at 4:28 p.m. UTC

Mar 17, 2023

CoinbaseJurisdictionUS

Policy

Silvergate

Silvergate Wasn't Cut Off From Loans, Lender Says

Silvergate Bank said previously it had to accelerate the sale of securities to be able to repay advances from the Federal Home Bank of San Francisco.

By Helene Braun

Mar 15, 2023 at 4:57 p.m. UTC

Mar 15, 2023

SilvergateSilvergate BankMarketsBanking

Markets

Asia pacific

First Mover Asia: Bitcoin’s Store of Value Narrative Is on Full Display; Crypto Prices Stay Green

ALSO: CoinDesk's Helene Braun writes that the current banking crisis won't doom banks that serve the digital asset industry.

By Sam Reynolds Helene Braun

Mar 14, 2023 at 1:54 a.m. UTC

Mar 14, 2023

Asia PacificBitcoinEtherAltcoinsFirst Mover Asia

Finance

Analysis

Banking Crisis Won’t Kill Crypto Banking Despite Short-Term Pain

From alternative banks to on-chain banking, crypto banking still has plenty of options, experts say.

By Helene Braun

Mar 13, 2023 at 11:09 p.m. UTC

Mar 13, 2023

AnalysisSilvergate BankSignature BankSilicon valley bankbankingUSCircle

Technology

Silvergate

How Silvergate’s Crypto Collapse Differed From Silicon Valley Bank’s: No Bailout

A deep dive into regulatory filings shows how Silvergate Bank's collapse was, in a strange way, the ideal scenario for a failing institution. Sure, shareholders got wiped out, but depositors are made whole and the Federal Deposit Insurance Corp. isn't putting in a dime.

By Bradley Keoun Helene Braun

Mar 10, 2023 at 10:08 p.m. UTC

Mar 10, 2023

SilvergateSilvergate BankSilicon valley bankFDICbanking