El Salvador aims to become LATAM’s crypto Silicon Valley, but these aspirations hinge on better relations with US banks.
Silicon Valley News
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Tether’s market cap surges post-SVB collapse, driven by liquidity and accessibility, says ITB’s Vincent Maliepaard.
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AI startup Humane launched the wearable virtual assistant AI Pin that is embedded with technology from OpenAI and cloud computing services from Microsoft.
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The $85 billion venture capital firm launched the Sequoia Crypto Fund in February 2022.
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According to a Bloomberg report, other major depositors included Silicon Valley Bank, SVB Financial Group, biotechnology research company Altos Labs and China-based firm Kanzhun.
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The U.S. president will meet with AI experts to discuss safety, policy and opportunities while he’s in San Francisco.
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Michael Clements said the GAO had reviewed “large deposits from the digital asset space” in considering whether crypto had contributed to Signature’s failure.
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The CEO of Gemini says things would’ve been handled differently if First Republic was a "crypto" bank.
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Circle and BlockFi executives were questioned after the lawmakers accused Silicon Valley Bank of “coddling” and giving “white glove” treatment to its largest depositors.
5186 - Newsletter
Cointelegraph explored the United Arab Emirates to see how NFTs are used in the region.
2858 - Newsletter
A week after the twinning collapse of Silicon Valley Bank (SVB) and Signature Bank, and the trouble at Credit Suisse, the dust is slowly settling down.
2796 - Follow up
Did the depegging reveal stablecoins’ limitations, or was it a learning moment?
10346 - Follow up
Silicon Valley Bank’s collapse leaves many questioning the role of regulators, instilling fears of another 2008-like financial crisis.
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Rising interest rates, which brought down the U.S. banking system’s asset market value by $2 trillion, combined with a large share of uninsured deposits at some U.S. banks, threaten banks’ stability.
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According to the House Financial Services Committee, it expects to hold multiple hearings on “getting to the bottom” of the banks’ failures.
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