Finance

FDIC Planning to Try Auctioning Silicon Valley Bank Again: WSJ

The designation of SVB’s failure as a potential systemic threat gives… More…

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DeFi Privacy Bridge Aztec Connect Sunsets After Less Than a Year

The backing Aztec Network is open sourcing the bridge and moving on… More…

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Ripple Had ‘Some Exposure’ to Silicon Valley Bank, Says CEO

Ripple, best known for its connection to XRP, kept some capital at… More…

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Bitcoin Rises on Report Government Weighing Plan to Protect All Silicon Valley Bank Depositors

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Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking

After the failure of Silicon Valley Bank (SVB), a great deal of Americans… More…

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Circle to ‘Cover Any Shortfall’ in USDC Reserves, Sparking Stablecoin Rally

The company plans to use corporate resources to fill the gap, including… More…

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USDC Issuer Circle Says it ‘Awaits Clarity’ From FDIC on Silicon Valley Bank Collapse

In its first statement following the collapse of Silicon Valley Bank,… More…

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Crypto VC Firm Pantera Used Silicon Valley Bank as a Custodian

A regulatory filing shows the shuttered bank as one of three custodians… More…

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DeFi Protocol Curve’s $500M Stablecoin Pool Hammered as Traders Flee USDC

Curve’s 3pool is supposed to have equal parts USDC, DAI and USDT. The… More…

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Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain

According to the Central Bank of Brazil, the digital real pilot project… More…

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