Bitcoin News

Silicon Valley Bank Failure Highlights Small Banks’ Vulnerability; Bitcoin Soars Past $22.5K

After a tense Thursday and Friday, crypto investors were reassured by Federal regulators’ decision to fully restore Silicon Valley Bank (SIVB) deposits and.

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Blockchain News

Crypto Has Just Been Reminded About the Importance of Banks

Crypto has just been reminded about the importance of banks. Although most people had a terrible year in 2020, the tech industry had.

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Crypto News

100% Of USDC Reserves Are Safe As U.S. Gov’t Bails Out Silicon Valley Bank

Financial markets have been tumultuous. In particular, for USDC stablecoin and Silicon Valley Bank and its stakeholders, since the lender went from robust.

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Crypto News

Crypto Market Rallies on FDIC Banking Intervention, USDC Regains Dollar Peg

All cryptocurrencies’ market capitalization has surpassed $1 trillion once again. The damaged crypto market turned green after a joint statement from the Federal.

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Crypto News

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

The crisis surrounding cryptocurrencies kicked into high gear early on Saturday morning after the collapse of Silicon Valley Bank (SVB), which caused some.

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Blockchain News

Silicon Valley Bank Collapse Hammers Dogecoin Price Down 11% – More Pain For DOGE?

Once Silicon Valley Bank collapsed on Friday morning due to a bank run and capital problem, Dogecoin (DOGE) fell in value in the.

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Crypto News

Stablecoin Issuers Seek to Diversify Banking Partners in the Wake of Silicon Valley Bank’s Meltdown

Today’s bankruptcy of California’s Silicon Valley Bank removes one lending partner from the cryptocurrency industry, increasing pressure on stablecoin producer Circle to expand.

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Crypto News

Crypto VC Firm Pantera Used Silicon Valley Bank as a Custodian

According to a regulatory document that was published this month, crypto-focused venture capital and investing behemoth Pantera Capital formerly owned assets with a.

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Bitcoin News

USDC Tumbles to $0.93 as Circle Reveals $3.3 Billion Held at SVB, Tether and Binance Not Exposed

Market players are concerned about Silicon Valley Bank‘s (SVB) contagion after Friday’s second-largest bank collapse (SVB). Venture capitalists and crypto executives discussed the.

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Crypto News

Sen. Warren calls out ‘sham audits’ while SVB threatens crypto bankruptcy

Elizabeth Warren and Ron Wyden, both of the United States Senate, have submitted a request to the Public Company Accounting Oversight Board (PCAOB).

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