SVB
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Regulation
US authorities preparing ‘material action’ to curb SVB contagion
United States authorities are working on “material action” over the weekend in an attempt to limit the ripple effect across…
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XRP
Brad Garlinghouse Encourages Ripple Community Following SVB Collapse
In the wake of the Silicon Valley Bank collapse, Ripple CEO Brad Garlinghouse has assured investors that the company is…
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Regulation
UK regulators moving ‘at pace’ to deliver plan for tech firms hurt by SVB collapse
A plan to rescue startups and tech companies affected by the Silicon Valley Bank collapse is underway in the United…
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Altcoins
Circle Reserves worth $3.3B at SVB to be ‘fully available’ soon
$3.3B in USDC reserve deposits held at the failed SVB will be fully recovered when banks reopen in the U.S…
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Regulation
US Treasury Secretary Yellen working on SVB collapse, not a bailout: Report
United States Treasury Secretary Janet Yellen is reportedly working with regulators to address Silicon Valley Bank collapse and protect investors,…
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Biden vows to hold accountable those responsible for SVB, Signature collapse
The president of the United States, Joe Biden, has vowed to hold those responsible for the failure of Silicon Valley…
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Regulation
Sen. Warren calls out ‘sham audits’ while SVB threatens crypto bankruptcy
United States Senators Elizabeth Warren and Ron Wyden asked the Public Company Accounting Oversight Board (PCAOB) to hold auditors accountable…
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Crypto whales suffer huge losses due to USDC depeg, SVB collapse
In response to the extraordinary depegging event of the USD Coin (USDC) stablecoin caused by the collapse of its counterparty…
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USDC slowly repegs on unconfirmed reports of SVB resolution
According to a post on Mar. 11 by Bob Elliot, chief investment officer of Unlimited Funds, relief efforts may already…
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Failed tech bank SVB held over $5B for prominent crypto VCs: Report
According to a report that began circulating on March 11 in the aftermath of the collapse of Silicon Valley Bank…
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