Silicon Valley Bank

President Biden Calls for Stronger Bank Regulations in Wake of SVB, Signature Bank Collapses
The government on Sunday evening stepped in to guarantee no losses will be borne by the lenders' depositors.

BlockFi Has Cash Access for Staff, Vendors Despite SVB Collapse: Attorney
The company had millions deposited with Silicon Valley Bank but regulators intervened Sunday evening to safeguard all customer monies.

Bitcoin Miner Marathon Says It Still Has Access to $142M at Signature Bank
Marathon terminated a credit facility with Silvergate last week.

USDC Stablecoin Regains Dollar Peg After Silicon Valley Bank-Induced Chaos
The stablecoin fell below $1 in value on Friday after it emerged that some portion of issuer Circle’s funds were at the failed Silicon Valley Bank.

Crypto Banking Crisis Concerns Loom
Host Joel Flynn weighs in on what could happen next after Silicon Valley Bank and Signature Bank's respective collapses. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

First Mover Americas: Bitcoin Gains as FDIC Steps In for Silicon Valley Bank
The latest price moves in crypto markets in context for March 13, 2023.

Silicon Valley Bank Customers Can Fully Access Funds After FDIC Creates New Bridge Bank
Loans and other services will resume on normal schedule Monday following a switch to a new bridge bank, the regulator said

HSBC Subsidiary to Acquire Silicon Valley Bank's UK Unit for 1 British Pound
Depositors will be protected, the U.K. government said, as it seeks to limit wider economic fallout from the bank's collapse.

Binance Will Convert $1B Worth of BUSD Stablecoin to Bitcoin, Ether, BNB and Other Tokens
Binance tapped into its Industry Recovery Initiative funds to cover the move.

Circle Scrambles to Right USDC After Signature Bank Failure
Circle Internet Financial is racing to find new banking partners for its USDC stablecoin.

