SVB

First Citizens To Buy Silicon Valley Bank In $72 Billion Asset Deal

First Citizens BancShares agreed to buy Silicon Valley Bank, the largest US lender to fail in more than a decade,…

2 years ago

Banking Crisis: US Banks Borrow $475B While Small Banks Lose Over $500B

Small banks have lost over $500B in two weeks while US banks borrowed $475B. Read about the alarming numbers of…

2 years ago

Will The Crypto Market Be Better After The Fed’s Rate Raise?

Despite mounting regulatory restrictions, the crypto market has managed to remain profitable despite the current banking crisis.

2 years ago

Will The Fed Be Cautious With A Crisis Market At Its Next Meeting?

Investors questioned this week whether the Fed would hike rates by 25 basis points as it did in February or…

2 years ago

Congress To Investigate SVB And Signature Bank For Crypto Failures

The United States House Financial Services Commission has announced a hearing to investigate the collapse of SVB and Signature Bank,…

2 years ago

Silicon Valley Bank Files For Chapter 11 Bankruptcy Amidst Banking Turmoil

According to Reuters, Silicon Valley Bank filed for Chapter 11 bankruptcy protection to seek buyers for its assets. The decision…

2 years ago

Bitcoin Opportunity Fund Sets Out To Raise $100 Million Fund

The Bitcoin Opportunity Fund has announced the creation of a $100 million fund.

2 years ago

Users Switch To DEX And USDC Purchases On DEX Rise After SVB’s Fall

With the fall of Silicon Valley Bank (SVB), the market saw the movement of funds from centralized exchanges (CEX) to…

2 years ago

SVB And Signature Bank Buyers Must Abandon Cryptocurrency Services

The FDIC has set the bid deadline for SVB and Signature Bank to be March 17. Buyers will have to…

2 years ago

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