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According to a lawyer representing the bankrupt crypto lender BlockFi Inc.,the company is in a stable financial position with access to ample cash reserves, despite having over $200 million in exposure to Silicon…
With hours to go before the trading day begins in Asia, top U.S. regulators have mulled guaranteeing all deposits at Silicon Valley Bank to prevent broader panic in the global financial sector, the Washington…
Top Stories This Week Silicon Valley Bank shut down by California regulator, holding over $5 billion for prominent crypto VCs Silicon Valley Bank (SVB) was shut down by Californiaâs financial watchdog on March…
USDC stablecoin issuer Circle has claimed that it will âcover any shortfallâ caused as a result of the $3.3 billion in its funds held by the collapsed Silicon Valley Bank. In a blog…