Cryptocurrency Market

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  • 24h Vol: $54,570,981,800.68
  • BTC Dominance: 56.58%

Venture Capitalists

report:-silicon-valley-bank-under-fdic-auction-as-calls-for-bailout-grow

Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow

The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to reports. Final bids are due by Sunday afternoon. Unnamed sources indicate that the FDIC is seeking to close the deal promptly after California regulators closed the bank and placed it into FDIC receivership on […]

Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow Read More »

‘fiat-is-fragile’-—-silicon-valley-bank’s-collapse-sparks-finger-pointing-and-concerns-of-contagion

‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion

Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts have been pointed to. Some believe venture capitalists caused a bank run, while others

‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion Read More »