Silicon Valley Bank


Finance

Crypto Is the Solution to Bank Runs, Not the Cause

Self-custody, transparency and immediate settlement are just a few ways that crypto could prevent loss of funds.

(Mitshu/Getty Images)

Juridique

SVB Financial’s First Bankruptcy Hearing ‘Wasn’t Really So Routine,’ Says Legal Expert

The former Silicon Valley Bank holding company needs access to the bank's FDIC-controlled funds to pay creditors and support two other operations, says Kleinberg, Kaplan partner Dov Kleiner.

Dov Kleiner, partner at Kleinberg, Kaplan, Wolff & Cohen, P.C. (kkwc.com)

Marchés

Bitcoin Emerges as Safe Haven as Traditional Finance Faces Turmoil

Conflicting data creates the question of how the Fed will react to both rising inflation and failing banks - and whether bitcoin will be a lifeboat.

(Rob Pumphrey/Unsplash)

Vidéos

SVB Financial Group Bankruptcy Hearing: Key Takeaways

SVB Financial Group, the former parent company of Silicon Valley Bank and the Federal Deposit Insurance Corporation (FDIC), appears to be at odds over $2 billion in cash. Kleinberg, Kaplan, Wolff and Cohen, P.C. Partner Dov Kleiner breaks down the key takeaways from the bankruptcy hearing and what is likely to happen next.

Recent Videos

Vidéos

Fight Brewing Between Silicon Valley Bank's Former Parent Company and FDIC

A legal fight is ramping up between the FDIC and the former parent company of Silicon Valley Bank. SVB Financial said the banking regulator took "improper actions" and can't access its money held at its former unit. Dov Kleiner, partner at Kleinberg, Kaplan, Wolff & Cohen, P.C., discusses the key takeaways from the bankruptcy hearing. Plus, reactions to Bloomberg reporting Silicon Valley Bank loans to insiders tripled to $219 million before being overtaken by regulators. 

Recent Videos

Vidéos

The Future of Bitcoin Amid U.S. Banking Sector Concerns

The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has left many regional banks reeling. Angel investor and MythOfMoney.com author Tatiana Koffman joins “All About Bitcoin” to discuss her last opinion piece on CoinDesk, titled "Bitcoin Was Built for This Moment."

Recent Videos

Vidéos

Bitcoin Breaks Above $28K as UBS Agrees to Buy Credit Suisse

Bitcoin (BTC) is climbing above $28,000 for the first time since last June, as some traders see the cryptocurrency as a hedge against the traditional banking system, which has had its share of troubles over the past few weeks, including the collapse of Silicon Valley Bank and regulators' takeover of Signature Bank. "First Mover" hosts Christine Lee and Lawrence Lewitinn discuss.

CoinDesk placeholder image

Juridique

No Crypto Banking Port Has Really Opened Up in This U.S. Storm

As Silvergate, Signature and Silicon Valley banks imploded, crypto customers grabbed assets and ran, but those hoping to land at major U.S. banks have been mostly disappointed.

(John Wilkinson/Getty Images)

Marchés

Bitcoin, Ether Swing From Cold to Hot in Event-Filled Week

The two largest cryptocurrencies have risen 31% and 26%, respectively, even as bank failures, inflation concerns and ETH selling pressure have roiled traditional asset markets.

Lit Protocol has raised $13 million in a Series A round. (Pixabay)

Vidéos

Bitcoin Flirts With $27K Following Silicon Valley Bank's Failure

Silicon Valley Bank (SVB) failed on March 10, and the price of bitcoin (BTC) has been rallying since then. The narratives around bank failures, stablecoins and interest rate hikes seem strong enough to propel the price of the largest cryptocurrency by market capitalization. CoinDesk Senior Research Analyst George Kaloudis breaks down bitcoin's latest price moves and more in "The Chart of The Day."

Recent Videos