SVB News

Circle’s Asia-Pacific vice president said the company currently holds 80% of its reserves but would ultimately like to keep all cash with the Fed in light of the recent banking crisis.

The deal was announced on March 26 by the Federal Deposit Insurance Corporation.

Signature Bank is the best place for crypto banking, even if it goes bankrupt, Woorton co-founder Zahreddine Touag believes.

The American venture capital investor Tim Draper took the stage at Paris Blockchain Week 2023 to talk about decentralization and the future of money.

While the existence of “Operation Choke Point 2.0” has not been confirmed, Mick Mulvaney spoke of “rumors” of its existence and the potential side effects of such a policy.

The U.S. Treasury Secretary Janet Yellen said the federal government would intervene if necessary to protect other small lenders.

Did the depegging reveal stablecoins’ limitations, or was it a learning moment?

Silicon Valley Bank’s collapse leaves many questioning the role of regulators, instilling fears of another 2008-like financial crisis.

Insider sources reportedly described the bonus pool as “modest,” adding that the stock held by senior execs had been “rendered worthless” following Silicon Valley Bank UK arm’s “near-collapse.”

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.

Turmoil in traditional finance spilled over into Bitcoin and crypto markets, forcing federal regulators to step in.

Cointelegraph breaks down the main events that led to the collapse of Silvergate, SVB and Signature Bank and explains what this all could mean for crypto.

SVB Financial Group, the former umbrella entity of Silicon Valley Bank, has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York to “preserve value.”

The latest episode of Decentralize with Cointelegraph unpacks whether U.S. regulators are targeting the crypto ecosystem through the closure of SVB and Signature Bank.

Just 11,440 NFT traders were active on March 11, which was the lowest figure recorded since November 2021.