Bank of London bids to acquire Silicon Valley Bank’s UK arm
The global clearing bank is leading a consortium of private equity firms seeking to purchase SVB’s British arm.
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U.S. Treasury Janet Yellen working on SVB collapse, not at bailout: Report
Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse, but not considering a major
U.S. Treasury Janet Yellen working on SVB collapse, not at bailout: Report Read More »
UK regulators moving “at pace” to deliver plan for tech firms hurt by SVB collapse
An emergency plan to rescue startups and tech companies affected by the Silicon Valley Bank collapse is underway in the United Kingdom.
UK regulators moving “at pace” to deliver plan for tech firms hurt by SVB collapse Read More »
Watch these 5 cryptocurrencies for a potential price rebound next week
Bitcoin is trying to sustain above $20,000 and if it succeeds, ETH, MATIC, TON, and OKB may witness a strong recovery.
Watch these 5 cryptocurrencies for a potential price rebound next week Read More »
FDIC bidding for Silicon Valley Bank is in progress: Report
The FDIC has reportedly started an auction process on late Saturday for Silicon Valley Bank. Bids are open for just a few hours.
FDIC bidding for Silicon Valley Bank is in progress: Report Read More »
South Korea launches ‘Metaverse Fund’ to expedite domestic initiatives
With the help of the Metaverse Fund, South Korea will support the mergers and acquisitions of various firms from the metaverse ecosystem.
South Korea launches ‘Metaverse Fund’ to expedite domestic initiatives Read More »
Do Kwon had the right idea, banks are risk to fiat-backed stablecoins: CZ
Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of stablecoins.
Do Kwon had the right idea, banks are risk to fiat-backed stablecoins: CZ Read More »
Bill Ackman warns US gov’t: Fix mistake in ‘48 hours’ or face ‘destruction’
Billionaire Bill Ackman said that SVB’s senior management made a “basic mistake” but should be fired.
Bill Ackman warns US gov’t: Fix mistake in ‘48 hours’ or face ‘destruction’ Read More »
Over 100 VCs, investors voice solidarity with Silicon Valley Bank
Approximately 125 VCs and investors signed a statement supporting Silicon Valley Bank as a way to limit the fallout of the bank’s collapse and subsequent
Over 100 VCs, investors voice solidarity with Silicon Valley Bank Read More »