News

No Bailout For Silicon Valley Bank, US Treasury Secretary Now Promises Assistance

US Treasury Secretary Janet Yellen has confirmed that the government will not bail out Silicon Valley Bank, following its sudden…

2 years ago

UK Tech Industry In Turmoil As Silicon Valley Bank UK Collapses, Emergency Cash Lifeline

The collapse of Silicon Valley Bank UK (SVB UK) and its parent company has sent shockwaves throughout the UK tech…

2 years ago

IOSG Ventures Affirms No Exposures To SVB, Silvergate, And USDC Exchanges last 7 Day

IOSG Ventures, a venture capital firm that invests in blockchain projects, has come forward to reassure the community that it…

2 years ago

Revolt of 100+ VCs: Major Investors Reject Silicon Valley Bank!

Silicon Valley Bank (SVB), a well-known banking institution that has been operating for 40 years, is winding down its operations.…

2 years ago

Binance Exchange Boosts Liquidity With New USDC Trading Pairs

In a press release, the exchange stated that it has added Binance Coin (BNB)/USD Coin (USDC), Bitcoin (BTC)/USD Coin (USDC),…

2 years ago

First Republic Bank Is Said To Be On The Verge Of Bankruptcy

The employees of First Republic Bank are preparing themselves for the worst as the bank is on the verge of…

2 years ago

Shibarium To Launch PUPPYNET, A Low-Cost Platform For DApps

Shibarium, a decentralized layer 2 blockchain, has launched an early beta test of its network called PUPPYNET. The network aims…

2 years ago

Huobi To Launch USDC/USDT Perpetual Futures Amid SVB Collapse

Huobi, a leading cryptocurrency exchange, announces the launch of USDC/USDT perpetual futures, offering users the ability to trade with high…

2 years ago

Changpeng Zhao: Banks Represent A Risk To Fiat-backed Stablecoins

Binance's CEO Changpeng Zhao has some doubts about stablecoins backed by fiat money.

2 years ago

USDC Backed To $0.99 As Traders Gain Profits Amid Silicon Valley Bank Concerns

As USDC remains a popular digital dollar, investors may be wondering whether it will survive after the recent collapse of…

2 years ago

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