2023-3-13 21:15 |
United States Treasury Secretary Janet Yellen assured Silicon Valley Bank (SVB) depositors that policies were being discussed to recover lost funds
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U.S. Treasury Secretary Janet Yellen said the authorities plan to protect depositors of Silicon Valley Bank. The post Yellen Says SVB to Get Government Help, but Bailout off the Table appeared first on BeInCrypto.
2023-3-13 21:24 | |
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Should we point fingers at Silicon Valley Bank, the Federal Reserve, the banking system, crypto or the depositors themselves?
2023-3-11 02:06 | |
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Social media footage shows crowds of angry people in Zhengzhou, the largest city in Henan province, protesting the freezing of accounts by some rural banks. The post The case for Bitcoin strengthens as Chinese bank depositors riot over frozen accounts appeared first on CryptoSlate.
2022-7-12 15:30 | |
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Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money.
2019-8-22 16:15 | |
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The Ontario Superior Court of Justice has recently moved to take custody of a large sum of assets from a crypto exchange currently frozen in accounts at the Canadian Imperial Bank of Commerce (CIBC).
2018-11-15 22:14 | |
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SkyBridge Capital, led by Anthony Scaramucci, is among the frontrunners bidding for Silicon Valley Bank’s VC arm, with a sale foreseen in the coming weeks. SVB Financial Group, once the umbrella organization for Silicon Valley Bank, is reportedly nearing the…
Consistent with the volatile nature of the cryptocurrency market, the Bitcoin (BTC) price has been experiencing a string of fluctuations in the past few weeks. Despite the renewed optimism, thanks to Grayscale’s recent victory against the United States Securities and Exchange Commission (SEC), the price of the premier cryptocurrency has failed to stay above the […]
Tether’s reported new partnership with Britannia Bank makes it the third Bahamas-based bank to join forces with the stablecoin issuer.
Crypto-related firms, Circle and Sequoia, were among the top five depositors at the failed Silicon Valley Bank. The post Silicon Valley Bank Crisis: Feds Backstop Saves Circle and Sequoia $4B appeared first on BeInCrypto.
A recent report by Bloomberg states that Circle, the issuer of the USDC stablecoin, emerged as a primary recipient of support from the government-backed rescue of Silicon Valley Bank (SVB).
The FDIC guarantee included over $3.3 billion the USDC stablecoin issuer held at the lender.
Goldman Sachs is currently under investigation by federal regulators for its involvement in the acquisition of Silicon Valley Bank’s securities portfolio while simultaneously providing advisory services to the struggling lender regarding capital raising, prior to its subsequent collapse this year.