Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve…
After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of…
Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow
The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late…
US Treasury Secretary Rules Out Government Bailout of Silicon Valley…
U.S. Treasury Secretary Janet Yellen has ruled out a government bailout of the collapsed Silicon Valley Bank (SVB),…
USDC Dominated Trading Volume on Decentralized Exchanges Amidst…
On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions.…
Extreme Market Turbulence: Critics Call Warren’s Silvergate Take…
It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its…
Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to…
On Saturday, March 11, 2023, Circle Financial updated the public about its stablecoin, USDC, and noted that the…
Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US…
After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the…
‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks…
Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit…
Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral…
On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC…
USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other…
On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1…