Valley
-
Regulation
FDIC bidding for Silicon Valley Bank is in progress: Report
The United States Federal Deposit Insurance Corporation (FIDC) started an auction process the night of March 11 for Silicon Valley…
Read More » -
Regulation
Silicon Valley Bank’s UK branch shut down by Bank of England
The Bank of England (BoE) has halted the operations of Silicon Valley Bank’s United Kingdom branch (SVB U.K.), stating that…
Read More » -
DeFi
Silicon Valley Bank collapse: Everything that’s happened until now
The sudden collapse of Silicon Valley Bank (SBV) has quickly unfolded over the course of three days, depegging stablecoins, leading…
Read More » -
Regulation
USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank
Almost immediately after USD Coin (USDC) issuer Circle revealed it could not withdraw $3.3 billion of its $40 billion reserves…
Read More » -
Bitcoin
Silicon Valley Bank: Bitcoin investors in panic as market goes sideways
BTC has logged negative funding rates for the first time this year. On-chain data shows increased selling as many exit…
Read More » -
Regulation
Breaking: Circle discloses $3.3B tied up at Silicon Valley Bank
On March 10, Blockchain payment tech company and USD Coin (USDC) issuers Circle confirmed that wires initiated on Thursday to…
Read More » -
Bitcoin
Bitcoin: Fall of Silicon Valley Bank might be a silver lining for BTC, here’s why
USDC has seen increased swaps as more Bitcoin leaves exchanges. BTC volume reaches almost a three-month high as transactions go…
Read More »