- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Silicon Valley Bank
Scrutiny Falls on $43B USDC Stablecoin’s Cash Reserves at Failed Silicon Valley Bank
Circle’s USDC, the second-largest stablecoin, with $43 billion market capitalization, held an undisclosed part of its $9.8 billion cash reserves at failed Silicon Valley Bank.
Silicon Valley Bank Closed by State Regulators
Silicon Valley Bank was shuttered by the California Department of Financial Protection and Innovation on Friday, marking the second bank to shut down within days. The bank’s closure follows fast on the heels of competitor Silvergate’s voluntary liquidation earlier this week. "The Hash" panel discusses what this means for the crypto sector, as CoinDesk research shows that Blockchain Capital, Castle Island Ventures, Dragonfly and Pantera all had relationships with the bank.
How U.S. Judges Might Save Crypto From the SEC
Separation-of-powers offers hope to an industry under attack from unchecked executive power, says Michael Casey, CoinDesk's chief content officer.
Silicon Valley Bank Shuttered by State Regulators
The startup-focused bank had a number of crypto clients.
Silicon Valley Bank Financial in Discussions To Sell Itself: CNBC
Risk aversion is in full swing, thanks to a crisis at Silicon Valley Bank (SIVB), a pivotal lender to tech startups. This comes as CNBC reports that SVB Financial, the parent company of Silicon Valley Bank, is in discussions to sell itself. Penn State Dickinson Law Professor Tonya Evans shares her analysis.
Bitcoin Touches Lowest Level Since Mid-January; Silicon Valley Bank Concerns
Bitcoin (BTC) briefly fell below the $20,000 level on Thursday and returned to levels not since seen this January as crypto-friendly Silvergate Bank's fallout shook investors. This comes as Silicon Valley Bank sold off a $21 billion bond portfolio for a considerable loss to shore up liquidity, sending shockwaves across financial markets. "First Mover" hosts Christine Lee and Lawrence Lewitinn weigh in.
Bitcoin Bounces Modestly as U.S. Adds 311K Jobs in February
Bitcoin (BTC) is attempting to bounce back from its lowest level since mid-January, as the Bureau of Labor Statistics reported 311,000 jobs added in February. Bitwise Crypto Analyst Ryan Rasmussen discusses his crypto price outlook amid hawkish sentiment from the Federal Reserve. Plus, reactions to the recent news around Silvergate and Silicon Valley Bank that have rocked the crypto market.
Coinbase Gave Silicon Valley Bank Stock Warrants for Access to USD Payments
The warrant, revealed in Coinbase's new prospectus, dates back to 2014, when banking was even harder for crypto firms to come by than today.
Silicon Valley Bank: UK Should Regulate Digital Currency Firms
The UK government should regulate activity in the cryptocurrency space and help to create global legislation, according to Silicon Valley Bank.
