Breaking: Silicon Valley Bank UK arm acquired by HSBC for one pound
Banking giant HSBC announced that its U.K. arm is acquiring Silicon Valley Bank UK Limited (SVB UK) for one pound...
Tag: 13. März 2023
Binance.US, Alameda, Voyager Digital and the SEC — the ongoing court saga
Court cases involving the SEC and some major crypto industry enterprises — Voyager Digital, Alameda Research and Binance.US — have...
Nissan files 4 new web3 trademarks, trials sales in the metaverse
Nissan has recently filed four new Web3 trademarks for its Infiniti, Nismo and Nissan brands. Japanese automotive brand Nissan has...
Bitcoin Price Prediction for Today, March 13: BTC Price Rebounds as It Advances to the High $22.4K
Bitcoin Overcomes Current Obstacle as It Advances to the High $22.4K – March 13, 2023 Bitcoin is currently trading back...
Coinbase, Celsius and Paxos disclose funds in Signature Bank
The crypto-friendly Signature Bank was a key partner for many crypto firms, some which have been voluntarily disclosing their exposure...
‘Nobody left to bank crypto companies’ — Crypto Twitter reacts
Prominent members of the crypto community have expressed uncertainty after the loss of crypto friendly banks. Crypto companies could find...
Biden vows to hold those responsible for SVB, Signature collapse
US President Joe Biden on Twitter said he is "firmly committed" to holding those responsible for the Silicon Valley Bank...
OpenSea patches vulnerability that potentially exposed users’ identities
Cybersecurity firm Imperva found a vulnerability that could be used to leak user information such as email addresses and phone...
USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement
The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023,...
NY Regulators Seize Control of Signature Bank, Depositors Assured by Federal Bailout
On Sunday, the New York Department of Financial Services, or DFS, announced that it had taken possession of Signature Bank....
USDC bounces back toward $1 peg after Fed announcement
Positive developments concerning Circle's $3.3 billion worth of reserves held at Silicon Valley Bank and its new banking partners have...
Ripple CEO assures ‘strong financial position’ despite SVB collapse
In a short tweet thread with no specifics, Garlinghouse said the SVB situation would not disrupt daily operations. Ripple CEO...
US Fed announces $25B in funding to backstop banks
The Federal Reserve established a funding program for banks, making $25 billion available to eligible firms in a bid to...
Breaking: Signature Bank closed by New York banking authorities
The New-York-based bank, which is also known to serve a number of crypto firms, was shut down by state regulators,...
Silicon Valley Bank collapse: Everything that’s happened until now
Events surrounding Silicon Valley Bank are moving fast. Here is a breakdown of the major developments over the course of...
