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Justice Department Investigating TerraUSD Stablecoin Collapse: Reports
The investigations follow the filing of the SEC’s civil fraud lawsuit against Terraform Labs and Do Kwon last month.
It’s Not Just Fraud That Chilled Crypto Regulation
While it’s easy to blame the recent shift in the regulatory mood regarding crypto markets on certain bad actors, the real roots lie beyond the crypto ecosystem, says Noelle Acheson.
FDIC Planning to Try Auctioning Silicon Valley Bank Again: WSJ
The designation of SVB’s failure as a potential systemic threat gives the FDIC more options to sell the bank.
U.S. Fed’s Supervision Chief Investigating What Happened With Silicon Valley Bank
The Federal Reserve’s vice chairman for supervision, Michael Barr, is digging into the bank failure, the U.S. central bank announced.
Silicon Valley Bank's Parent Looking at Strategic Alternatives
SVB Financial Group appointed a restructuring committee for its venture capital and investment banking arm.
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.
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.
Circle Scrambles to Right USDC After Signature Bank Failure
Circle Internet Financial is racing to find new banking partners for its USDC stablecoin.
Silicon Valley Bank Depositors Will Have Access to 'All' Funds Monday, Say Federal Regulators
“Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system,” a joint statement read.
Bitcoin Rises on Report Government Weighing Plan to Protect All Silicon Valley Bank Depositors
The price of the largest cryptocurrency briefly rose back above $21,500 before giving back some gains.
