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Nalezeno "Silicon Valley Bank": 158

U.S. Lawmakers Met With Fed, FDIC to Discuss Collapse of Silicon Valley Bank: Source

11.3.2023
Rep. Maxine Waters convened meetings with federal bank regulators in the wake of the bank's collapse

USDC Stablecoin and Crypto Market Go Haywire After Silicon Valley Bank Collapses

11.3.2023
USDC's normally stable price sank to $0.89 from $1 while Ethereum gas fees soared hours after the crypto-tied bank failed

Circle discloses $3.3B tied up at Silicon Valley Bank

11.3.2023
Circle joined other customers and depositors in calling for the continuity of SVB in the US economy

Circle Confirms $3.3B of USDC's Cash Reserves Stuck at Failed Silicon Valley Bank

11.3.2023
Silicon Valley Bank, one of the reserve banking partner for Circle's USDC stablecoin, was shut down by regulators on Friday

Filing shows BlockFi has uninsured $227M in Silicon Valley Bank MMMF

11.3.2023
BlockFi’s capital allocated to the money market mutual fund is not FDIC insured, however the fund doesn’t appear to be managed by Silicon Valley Bank

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

11.3.2023
In its first statement following the collapse of Silicon Valley Bank, Circle declined to state how much cash it has tied up at the bank

“Oversold” Bitcoin Bounces From 200DMA & Realized Price – Where Next for BTC as Bank Crisis/Fed Tightening Jitters Rock Sentiment?

11.3.2023
After falling another 1% on Friday to take its week-to-date losses above 10%, Bitcoin (BTC) is now oversold, according to the widely followed 14-Day Relative Strength Index (RSI) indicator. BTC/USD was last changing hands in the $20,100s, having dipped as low as the $19,500s earlier in the session...

Who Failed Silicon Valley Bank Depositors?

11.3.2023
Should we point fingers at Silicon Valley Bank, the Federal Reserve, the banking system, crypto or the depositors themselves?

Crypto VC Firm Pantera Used Silicon Valley Bank as a Custodian

10.3.2023
A regulatory filing shows the shuttered bank as one of three custodians for Pantera’s funds

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

10.3.2023
Curve's 3pool is supposed to have equal parts USDC, DAI and USDT. The trio are becoming imbalanced amid fallout from Silicon Valley Bank's collapse

How Silvergate’s Crypto Collapse Differed From Silicon Valley Bank’s: No Bailout

10.3.2023
For all the angst this week about how troubles in the crypto industry are fueling a banking crisis, the reality, so far, is actually something else: Of the two banks that went under, the one squarely focused on crypto – Silvergate Capital – escaped the black mark of a federal bailout

Crypto Wallets Withdraw $902M USDC From Centralized Exchanges in Past 24 Hours Amid SVB, Silvergate Shutdowns

10.3.2023
$11.4 billion of USDC reserves are held in the form of cash at Reserve Banks, which include the two members of the Federal Reserve System

Scrutiny Falls on $43B USDC Stablecoin’s Cash Reserves at Failed Silicon Valley Bank

10.3.2023
Circle’s USDC, the second largest stablecoin with $43 billion market capitalization, held an undisclosed part of its $9.8 billion cash reserves at failed Silicon Valley Bank

How US Judges Might Save Crypto from the SEC

10.3.2023
Separation-of-powers offers hope to the crypto industry, which is under attack from unchecked executive power. Two separate courtrooms in which judges, guided by an impartial legal framework, eschewed that popularist mode of judgment and instead considered the SEC’s claims against the facts...

Silicon Valley Bank Shuttered by State Regulators

10.3.2023
Silicon Valley Bank was shuttered by the California Department of Financial Protection and Innovation on Friday, marking the second bank to shut down within days. The startup-focused bank counted a number of major crypto venture capital firms as clients