Breaking: Signature Bank closed by New York banking authorities
The New-York-based bank, which is also known to serve a number of crypto firms, was shut down by state regulators,...
Day: March 12, 2023
Aave freezes stablecoin trading on v3 Avalanche as activity surges on CEXs
The trading freeze follows an analysis from DeFi’s risk manager firm Gauntlet Network considering different scenarios for the USD Coin...
Binance Trains Ukraine’s Cyberpolice and Security Service
Crypto exchange Binance has organized training courses for representatives of law enforcement authorities in Ukraine. The leading coin trading platform...
Silicon Valley Bank collapse: Everything that’s happened until now
Events surrounding Silicon Valley Bank are moving fast. Here is a breakdown of the major developments over the course of...
USDC slowly repegs on unconfirmed reports of SVB resolution
According to insiders, 50% of uninsured deposits will be paid out by next week. According to a post on March...
Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking
After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of...
Bank of London bids to acquire Silicon Valley Bank’s UK arm
The global clearing bank is leading a consortium of private equity firms seeking to purchase SVB's British arm. Global clearing...
U.S. authorities preparing ‘material action’ to curb SVB contagion
The White House assessed the impact of Silicon Valley Bank's failure over the weekend with a keen attention to venture...
Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow
The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according...
How blockchain technology revolutionizes digital ownership?
Blockchain technology transforms digital ownership with secure and transparent ownership tracking. Explore how it establishes proof of digital ownership. What...
FDIC bidding for Silicon Valley Bank is in progress: Report
The FDIC has reportedly started an auction process on late Saturday for Silicon Valley Bank. Bids are open for just...
Watch these 5 cryptocurrencies for a potential price rebound next week
Bitcoin is trying to sustain above $20,000 and if it succeeds, ETH, MATIC, TON, and OKB may witness a strong...
US Treasury Secretary Rules Out Government Bailout of Silicon Valley Bank
U.S. Treasury Secretary Janet Yellen has ruled out a government bailout of the collapsed Silicon Valley Bank (SVB), which was...
UK regulators moving “at pace” to deliver a plan for tech firms hurt by SVB collapse
An emergency plan to rescue startups and tech companies affected by the Silicon Valley Bank collapse is underway in the...
U.S. Treasury Janet Yellen working on SVB collapse, not at bailout: Report
Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse,...
