silicon valley bank

New Bank Run Already Underway at Second Regional Bank After SVB Collapse, Says Investor David Sacks

Former PayPal executive, tech investor and entrepreneur David Sacks… More…

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Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to ‘Stand Behind USDC and Cover Any Shortfall’

On Saturday, March 11, 2023, Circle Financial updated the public … More…

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Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company

After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday,… More…

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$22 Trillion in US Banking System Backed by Just $225 Billion at FDIC: Bitcoin Proponent Gabor Gurbacs

A strategy advisor at Vaneck/MVIS is highlighting the disparity … More…

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‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion

Silicon Valley Bank (SVB) has become the center of attention after… More…

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Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident

On March 11, 2023, the decentralized finance project Makerdao issued… More…

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Failed tech bank SVB held over $5B for prominent crypto VCs: Report

It is unclear how much assets custodied on behalf of crypto VCs are … More…

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Circle reveals $3.3 billion in USDC reserves remain at insolvent Silicon Valley Bank

Concerns are rising within the cryptocurrency industry following… More…

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DOGE value plummets amidst Silicon Valley Bank collapse and market uncertainty

The recent collapse of Silicon Valley Bank (SVB), a crypto-friendly… 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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