Circle Stays Bullish Despite SVB Collapse And Liquidity Challenges
USDC issuer Circle remains optimistic about its future despite recent liquidity challenges triggered by the collapse of Silicon Valley Bank (SVB). The company swiftly transferred...
186 US Banks Face Similar Risks As Collapsed Silicon Valley Bank
A recent study conducted by economists has identified 186 banks in the United States that may be at risk of collapse due to issues similar...
U.S. Regulator Seeks Bids For SVB, Signature Bank By Friday
Regulators at the U.S. Federal Deposit Insurance Corp (FDIC) have requested that banks interested in acquiring failed lenders Silicon Valley Bank (SVB) and Signature Bank...
US Regulator Sets Friday Bid Deadline For SVB, Signature Bank
Regulators at the US Federal Deposit Insurance Corp (FDIC) have requested banks to submit bids for the failed lenders, Silicon Valley Bank and Signature Bank,...
TRON Founder Comments On Silicon Valley Bank And Silvergate Debacle
On March 12, Justin Sun, the founding member of the TRON ecosystem and the global advisor at Huobi, took to Twitter to raise concerns over...
Circle (USDC) Announces External Capital To Cover Silicon Valley Bank Shortfall
Silicon Valley Bank’s shutdown and the revelation of Circle’s $3.3 billion cash reserves in the bank have raised concerns in the cryptocurrency market. The event...
MakerDAO Releases Emergency Proposal to Minimize USDC Exposure
MakerDAO, a worldwide decentralized reserve bank, has recently introduced an emergency proposal. This proposal intends to decrease the platform’s exposure to likely impaired stablecoins like...
Regulatory Concerns Over BlockFi’s $227 Milliom Investment In SVB
Cryptocurrency lending platform, BlockFi, has been warned by the bankruptcy trustee that $227m of funds held in Silicon Valley Bank (SVB) may go against bankruptcy...
Elon Musk Eyes Silicon Valley Bank Acquisition
Elon Musk has responded to Razer CEO Min-Liang Tan on Twitter, stating that he is open to buying Silicon Valley Bank (SVB) and turning it...