Coinbase Offered Circle $3.3 Billion to Restore USDC Peg After SVB Collapse, Says Report

Coinbase reportedly agreed to offer Circle a $3.3 billion credit line to shore up USDC liquidity after SVB collapse. The post Coinbase Offered Circle $3.3 Billion to Restore USDC Peg After SVB Collapse, Says Report appeared first on BeInCrypto. дальше »

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SVB Collapse Paralyses NFT Market

NFT traders are reeling from the SVB crash, which hit the industry hard. There’s nothing like an unexpected catastrophe to kill the buzz. Indeed, following the FTX black swan event, we’ve been dealing with another cataclysmic episode thanks to Silicon Valley Bank (SVB). дальше »

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Exploring MakerDAO's plans for DAI as stablecoins face FUD

MakerDAO's DAI was safely collateralized, but interest in it was declining at press time. Active development offers hope for MakerDAO's future. Following the collapse of SVB and the stablecoThe post Exploring MakerDAO's plans for DAI as stablecoins face FUD appeared first on AMBCrypto. дальше »

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SVB’s UK arm issues 15M pounds in bonuses after symbolic bailout: Report

Insider sources reportedly described the bonus pool as “modest,” adding that the stock held by senior execs had been “rendered worthless” following Silicon Valley Bank UK arm’s “near-collapse.” дальше »

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MakerDAO suffers a fall in annualized fee income, thanks to SVB

MakerDAO's annualized fee income has been decreasing since SVIB's collapse. Waning buying pressure puts MKR's price at risk of further decline. The annualized fee income of leading decentralThe post MakerDAO suffers a fall in annualized fee income, thanks to SVB appeared first on AMBCrypto. дальше »

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SVB Analysis Shows More Than 186 US Banks Might Still Collapse

The banks that collapsed recently faced diverse challenges that affected their operations. For instance, Silvergate faced multiple regulatory actions due to its dealings with the bankrupt FTX exchange, its founder Sam Bankman-Fried and its sister company Alameda Research. дальше »

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SVB Financial Group подала заявление о банкротстве

SVB Financial Group, бывшая материнская структура Silicon Valley Bank (SVB), подала заявление в суд Южного округа Нью-Йорка в соответствии со статьей 11 Кодекса о банкротстве США. Компания надеется на реоарганизацию. дальше »

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Bitcoin Hurtles Back Above $26,000 As SVB Financial Group Files For Bankruptcy

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Former Belgian Finance Minister calls for a crypto ban, thanks to SVB

Overtveldt, a member of the European Parliament and former Belgian finance minister, has called for a cryptocurrency prohibition. Van Overtveldt made the statements as the European Parliament pThe post Former Belgian Finance Minister calls for a crypto ban, thanks to SVB appeared first on AMBCrypto. дальше »

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SVB Financial Group Files for Bankruptcy – the Largest Bank Failure Since 2008

SVB Financial Group has filed for Chapter 11 Protection due to the impact of Silicon Valley Bank's collapse. The post SVB Financial Group Files for Bankruptcy – the Largest Bank Failure Since 2008 appeared first on BeInCrypto. дальше »

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SVB Financial files for Chapter 11 Bankruptcy as Bitcoin, cryptos see green

SVB Financial has decided to move for chapter 11 filing before a Southern New York district court The group reported a liquidity of around $2.2 billion in the filing On one hand, Bitcoin (BTThe post SVB Financial files for Chapter 11 Bankruptcy as Bitcoin, cryptos see green appeared first on AMBCrypto. дальше »

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NFT trading plummets following SVB crisis: Report

NFT trading volumes took a massive hit following the collapse of SVB last week, as per a recent DappRadar report. There were only 11,440 active NFT traders on the day after the FDIC took controThe post NFT trading plummets following SVB crisis: Report appeared first on AMBCrypto. дальше »

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SVB saga saw NFT sales drop to November 2022 low

According to a recent report by DappRadar, the recent US banks' saga saw NFT sales drop by close to 50%. However Despite the drop the BAYC showed dominance as others plunged. дальше »

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SVB collapse soars crypto apps downloads 

Reports indicate that the number of people downloading crypto applications has increased massively following the dawn of problems in the US banking system. Based on recent reports, the number of downloads for crypto apps has been surging over the past… дальше »

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SVB collapse chilled NFT trading volumes: DappRadar

Just 11,440 NFT traders were active on March 11, which was the lowest figure recorded since November 2021.

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SVB Collapse Tanked NFT Trading Volumes, DappRadar Report Suggests

The day after Silicon Valley Bank collapsed, the number of active NFT traders dropped to its lowest point since November 2021. дальше »

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SVB parent company reportedly considering bankruptcy

SVB Financial Group, the parent company of troubled U.S. lender Silicon Valley Bank (SVB), is looking for ways to sell off its assets and is considering entering bankruptcy protection. дальше »

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Decentralize and the week’s Breaking News: SVB, USDC and BTC to $26K

Breaking news and insightful views: Decentralize with Cointelegraph drops a new style of podcast curated for you by the Cointelegraph news team. дальше »

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Акционеры Silicon Valley подали коллективный иск к администрации банка за мошенничество

Глава Silicon Valley Bank (SVB) Грег Беккер и финансовый директор Дэниел Бек стали фигурантами коллективного иска акционеров банка по подозрению в злоупотреблении служебным положением. дальше »

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How The USDC Depeg Will Impact DeFi, Expert Explains

Following the closure of Silicon Valley Bank (SVB), the value of the world’s fifth-largest cryptocurrency, USD Coin (USDC), plummeted to an all-time low on Saturday. The U. S. -based company behind the coin, Circle, revealed that $3. дальше »

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Justin Sun traded USDC fear after SVB collapse

At the height of USD Coin (USDC) panic — when news broke that much of its backing was stuck in recently-collapsed Silicon Valley Bank — Tron (TRX) founder Justin Sun traded millions of USDC. дальше »

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Как трейдеры использовали ситуацию с коллапсами банков в свою пользу?

Еще три недели назад, в последнюю неделю февраля, автор популярной экономической рассылки The Diff с 48 тыс. подписчиков Бирн Хобарт выступил с предупреждением — он описал вероятный сценарий краха банка Silicon Valley Bank (SVB). дальше »

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Don’t Get Your Hopes Up: SVB's Demise Won't Bring Interest Rates Down

The Federal Reserve’s new Bank Term Funding Program is a backstop for banks – but also a license to let interest rates rip. дальше »

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Robinhood Users Unable to Realize Bets Profits against SVB and Signature Bank

Coinspeaker Robinhood Users Unable to Realize Bets Profits against SVB and Signature Bank Robinhood users have taken to Twitter to express their displeasure as they are unable to revel in the SVB and Signature Bank failure. дальше »

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SVB and FTX-backed Chipper Cash contemplates sale or new investor

Chipper Cash, an African fintech company backed by Silicon Valley Bank and the defunct crypto exchange FTX, is reportedly considering various strategic moves, including a potential sale or attracting new investors. дальше »

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MEV Rewards on Ethereum Reach All-Time High During SVB Bank Run and USDC Depeg

Profits made from MEV were more than twice as high as the last peak during the FTX implosion. дальше »

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Circle CEO: $3.3 Billion stuck at SVB may be recoverable

Circle CEO Jeremy Allaire confirmed that the firm has accessed the funds stuck at Silicon Valley Bank Allaire believes the $3. 3 billion stuck in SVB will be fully recovered Jeremy Allaire, tThe post Circle CEO: $3. дальше »

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Hedge fund legend Ken Griffin knocks US SVB depositor save

Hedge fund billionaire Ken Griffin was critical of how the U.S. government saved the depositors at Silicon Valley Bank (SVB), and thinks that is is a lesson in the moral hazard that exists in today's global marketplace. дальше »

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Ex-Ripple Advisor Appointed by Fed to Watch Over Failed Silicon Valley Bank (SVB)

Michael Barr will lead supervision of collapsed Silicon Valley Bank (SVB) on Fed's side дальше »

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Crypto market bounces back as data indicates possible bull run

The crypto market just pulled off a miraculous recovery to $1 trillion in the face of a major crisis. The Silicon Valley Bank (SVB) meltdown was contained thanks to some swift action from US financial regulators. Bitcoin (BTC) led the… дальше »

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Ripple, Cardano execs double down on their criticism of U.S banking system

Ripple's Brad Garlinghouse recently pointed out United States' broken financial system in light of Silvergate, SVB episodes Cardano's Charles Hoskinson also criticized the government's positionThe post Ripple, Cardano execs double down on their criticism of U.S banking system appeared first on AMBCrypto. дальше »

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Asset Managers Blackstone, Apollo Eyeing SVB Assets: Bloomberg

SVB collapsed last week following a $42 billion bank run after it announced plans to sell $2.24 billion in new shares. дальше »

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Want to get in on Bitcoin [BTC]? Here's the long and short of it all

Bitcoin now seeing renewed interest, however, new investors could lose out Inscriptions have also contributed to the hike in interest in BTC Because of the Silvergate and SVB (Silicon ValleyThe post Want to get in on Bitcoin [BTC]? Here's the long and short of it all appeared first on AMBCrypto. дальше »

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FDIC plans second SVB auction after first failed attempt 

The US Federal Deposit Insurance Corporation (FDIC) is looking to make another attempt at auctioning assets of collapsed Silicon Valley Bank (SVB) after failing to find a buyer the first time.  According to the Wall Street Journal, the FDIC informed… дальше »

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What next after SVB collapse? 30% chance of interest rate cuts by the summer

That escalated quickly.   Silicon Valley Bank (Nasdaq: SIVB) is no more, the biggest banking casualty since Lehman Brothers shocked the world in 2008. In came the US administration, pulling out emergency stops to stave off the crisis – in the short term, at least. дальше »

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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. дальше »

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Ripple’s Top Lawyer Heaps Praise on Lawmaker Over SVB Bailout

Stuart Alderoty, Ripple's general counsel, has taken to Twitter to praise California congressman, Ro Khanna, for his efforts in protecting depositors at Silicon Valley Bank (SVB) following its sudden collapse дальше »

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USDC, SVB saga fuels massive profits for Ethereum [ETH] as Shanghai looms

Ethereum's profits rise as trading activity increases due to USDC and SVB saga Short sellers face the heat as their positions get liquidated The aftermath of the collapse of SVB and SignaturThe post USDC, SVB saga fuels massive profits for Ethereum [ETH] as Shanghai looms appeared first on AMBCrypto. дальше »

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Burning USDC and Minting DAI Prove to Be Popular On-Chain Activities Amid SVB Collapse

Circle’s USDC stablecoin had nearly $3 billion in net redemptions since Friday, while the total supply of DAI increased by 1.2 billion tokens over the same time period. дальше »

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BTC, ETH backtrack losses- Is crypto rout from U.S. bank collapses truly over

U. S. regulators offer a bailout to customers affected by SVB and Signature bank collapses. Will there be alternatives to these crypto-friendly banks and their payment systems to provide liquidiThe post BTC, ETH backtrack losses- Is crypto rout from U. дальше »

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Crypto volatility back to FTX levels, with $791 million of liquidations in 4 days as SVB collapse rocks market

Key Takeaways Crypto volatility is back up to levels last seen when FTX collapsed in November $791 million of liquidations rocked investors between Thursday and Sunday $383 million of longs were liquidated on Thursday and Friday, the largest 48-hour number of the year News that deposits will be made whole at SVB propelled the market […] The post Crypto volatility back to FTX levels, with $791 million of liquidations in 4 days as SVB collapse rocks market appeared first on CoinJournal. дальше »

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Silicon Valley Bank's Parent Looking at Strategic Alternatives

The SVB Financial Group appointed a restructuring committee for its venture capital and investment banking arm. дальше »

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President Biden assures taxpayers SVB and Signature Bank losses contained

President Biden has assured the Senate Banking Committee that taxpayers will not bear the brunt of any potential losses incurred by SVB Financial Group and Signature Bank. дальше »

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MKR sees green as regulators move to restore deposits at failed SVB

Following the announcements to make Silicon Valley Bank (SVB) depositors whole, MKR's price rallied by double digits. Due to DAI depeg, MakerDAO's fee income slipped by 10% over the weekend. дальше »

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Panic Mustn’t Be Allowed to Spread After SVB Collapse: EU Lawmaker

Germany’s Markus Ferber said there needs to be a review of interest rate and sovereign bond exposures. дальше »

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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. дальше »

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Cardano Founder Hits Back at Crypto Critics After Bank Failures

SVB is most recent bank to go under over past few days дальше »

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Silicon Valley Bank collapsed. Here are the companies affected

Silicon Valley Bank (SVB) took center stage as reports revealed that the bank had shut down, sparking widespread panic. The crypto scene took a hit as well, compounding the already existing fear among investors. But what happened, and how is… дальше »

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Крах Silicon Valley Bank: Всё, что произошло до сих пор

События вокруг Silicon Valley Bank развиваются стремительно. Ниже приводится обзор основных событий за последнюю неделю. Внезапный крах Silicon Valley Bank (SVB) быстро развивался в течение последней недели, обесценивая стабильные монеты, заставляя регуляторов в США и Великобритании готовить планы действий в чрезвычайных ситуациях и вызывая опасения среди малого бизнеса, венчурных капиталистов и других вкладчиков, чьи средства […] Материал Крах Silicon Valley Bank: Всё, что произошло до сих пор появился сначала на WHATTONEWS – Новости криптовалют. дальше »

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Ripple CEO admits company held ‘some’ cash in Silicon Vally Bank

Ripple’s Brad Garlinghouse has revealed that the project had some exposure to the embattled Silicon Valley Bank (SVB), but the company expects no disruption to its daily operations. Ripple, the issuer of the XRP, has hinted that it held some… дальше »

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