Silicon Valley Bank


Finance

Izzy Englander's Millennium, Paul Singer’s Elliott Among Bitcoin ETF Holders

Apollo Management was also a buyer in the spot bitcoin ETF space in the first quarter.

Paul Singer, founder, president, and co-CEO of Elliott Managemen. (Thos Robinson/Getty Images for New York Times)

Policy

Circle Was Top Depositor Aided by SVB Government Rescue: Bloomberg

The FDIC guarantee included over $3.3 billion the USDC stablecoin issuer held at the lender.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle (CoinDesk)

Policy

Signature Bank Failed Because of Mismanagement, Contagion, FDIC Report Says

The Federal Deposit Insurance Corp. said Signature’s exposure to crypto industry deposits was also a contributing factor.

FDIC Chairman Martin Gruenberg (Alex Wong/Getty Images)

Videos

Circle, BlockFi Are Questioned by Lawmakers About Why They Banked at SVB

Sen. Elizabeth Warren (D-Mass.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) want to know why crypto companies, including bankrupt crypto lender BlockFi and stablecoin issuer Circle, banked at now-collapsed Silicon Valley Bank. Blockchain Association director of government relations Ron Hammond discusses the difference between Coinbase, Binance and Circle's engagements with lawmakers in DC. "The issue that we have in DC is that no matter the approach you take, it seems like you're still going to be at the end of a Wells notice of enforcement action," Hammond said.

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Videos

Sen. Warren, Rep. Ocasio-Cortez Ask Circle, BlockFi Why They Banked at SVB

Sen. Elizabeth Warren (D-Mass.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) want to know why crypto companies, including bankrupt crypto lender BlockFi and stablecoin issuer Circle, banked at now-collapsed Silicon Valley Bank. "The Hash" panel discusses the potential outcomes.

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Videos

Casa CEO on the Rise of Self-Custody in Wake of Recent Banking Jitters

Casa CEO Nick Neuman tells "First Mover" that the company has seen "the biggest customer volumes" for its self-custody product in the past month. He attributes this surge in interest partly to the collapse of legacy banks like Silicon Valley Bank in March.

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Policy

Sen. Warren, Rep. AOC Ask Circle, BlockFi Why They Banked at SVB

The lawmakers are asking 14 firms about SVB’s “white glove” treatment of some of its largest depositors.

Sen. Elizabeth Warren (left) and Rep. Alexandria Ocasio-Cortez (Anna Moneymaker/Getty Images, modified by CoinDesk)

Videos

USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High

Circle's USDC stablecoin saw net outflows surpassing $10 billion since March 10 after the regulators shut down the firm's banking partner Silicon Valley Bank. Many of the investors who fled USDC switched to Tether's USDT stablecoin, driving the token to reach its largest market share in 22 months. "The Hash" panel weighs in on these developments.

Recent Videos

Policy

That Binance Suit Sure Seems Bigger Than Just a CFTC Case

The implications of the CFTC’s lawsuit against Binance extend well beyond any civil action.

(Nikhilesh De/CoinDesk)

Policy

Top U.S. Treasury Official Says Crypto Had No ‘Direct Role’ In Bank Failures

Treasury Under Secretary Nellie Liang told House lawmakers the crypto industry wasn’t a central factor in the wipeouts of Silicon Valley Bank and Signature Bank.

Nellie Liang (Win McNamee/Getty Images)