US cryptocurrency agency Circle has $3.3 billion of its $40 billion of USD Coin reserves…
Tag: silicon valley bank
Silicon Valley Bank collapse sets off blame game in tech industry
For as soon as, the disaster did not appear to revolve round a cryptocurrency firm….
Stablecoin USDC breaks dollar peg after revealing $3.3 billion Silicon Valley Bank exposure
Stablecoin USD Coin (USDC) misplaced its greenback peg and slumped to an all-time low on…
Roku says $487 million held in deposits with Silicon Valley Bank
Streaming units maker Roku Inc mentioned on Friday it had about $487 million, or 26%…
Peter Thiel’s Founders Fund withdrew millions from Silicon Valley Bank
Peter Thiel’s Founders Fund had no cash with Silicon Valley Bank as of Thursday morning…
SVB shutdown sends shockwaves through Silicon Valley as CEOs race to make payroll
The sudden collapse of Silicon Valley Bank on Friday despatched shockwaves by means of the…
How Silicon Valley Bank served the tech industry and beyond
What was Silicon Valley Bank to the world of startups and enterprise capital? Practically every…
SVB fully exited Paytm by selling stake to private investors, clarifies Vijay Shekhar Sharma
Silicon Valley Bank, whose operations have been abruptly closed as a consequence of monetary irregularities,…
Silicon Valley Bank collapse: extinction level event for startups, says YC president Garry Tan
Garry Tan, president at Silicon Valley-based Y Combinator, stated the collapse of Silicon Valley Bank…
Top VCs in a huddle to discuss Silicon Valley Bank collapse, vow to be ‘supportive’
In the aftermath of the Silicon Valley Bank (SVB) collapse, prime enterprise capitalists mentioned that…