Silicon Valley Bank
Banking Crisis in U.S. Likely to Push Crypto Firms Offshore
Switzerland, Lichtenstein and island jurisdictions are among the potential benefactors of the trend.
Asset Managers Blackstone, Apollo Eyeing SVB Assets: Bloomberg
Silicon Valley Bank collapsed last week following a $42 billion bank run after it announced plans to sell $2.24 billion in new shares.
Santander, HSBC, Deutsche Bank, Others Still Willing to Serve Crypto Clients After Banking Failures, DCG Says
Major banks are still willing to work with crypto firms, though they may restrict services, according to messages from DCG viewed by CoinDesk.
Banking Crisis Won’t Kill Crypto Banking Despite Short-Term Pain
From alternative banks to on-chain banking, crypto banking still has plenty of options, experts say.
Bitcoin Surges as Bank Client Rescue Eases Contagion Fears, Fuels Hopes for Fed Dovishness; Binance's $1B Conversion Helps, Too
Investment banking giant Goldman Sachs analysts have predicted the U.S. central bank will not raise interest rates at its next FOMC meeting on March 22, according to a report.
Bitcoin Was Built for This Moment
Amid a U.S. banking crisis, value is flowing into bitcoin. Is this the beginning of the “Great Reset?” investor and author Tatiana Koffman asks.
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.
U.S. Fed’s Supervision Chief Investigating What Happened With Silicon Valley Bank
The Federal Reserve’s vice chairman for supervision, Michael Barr, is digging into the bank failure, the U.S. central bank announced.
Silicon Valley Bank and Signature Bank Reignite ‘Moral Hazard’ Dilemma Bitcoin Was Designed to End
A debate from the 2008 financial crisis resurfaces as the FDIC intervenes to help two troubled institutions with crypto connections.
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.
