‘Chasing yield’ was an inside joke at SVB—until it led to the bank’s collapse
SVB’s parent company, including two who worked at the bank during the time of its collapse. In the center is Michael ...
CoinDesk1d
Sen. Gillibrand Warns Against a ‘Watered-Down’ Stablecoin Bill
U.S. Senator Kirsten Gillibrand (D-N.Y.), one of the leading Democrats supporting crypto legislation, warned the industry ...
BGR2y
Traders blame SVB collapse on Silicon Valley ‘greed and avarice’
The collapse of Silicon Valley Bank over the weekend ... hikes since the 1980s — which was one of the factors that led to SVB’s insolvency. People line up outside of a Silicon Valley Bank ...
Cryptopolitan on MSN1d
Circle’s USDC doubles market cap in one year reaching a new all-time high above $60 billion
Circle USDC has reached $60 billion in market cap, marking a new high for the stablecoin as it continues its resurgence.
Business Insider2y
A bipartisan pair of lawmakers just launched an effort to crack down on the Fed following Silicon Valley Bank's collapse
Following Silicon Valley Bank's collapse, neither major political party ... Fed's Board of Governors to ensure accountability following SVB and crypto-friendly Signature Bank's collapse.
Business Insider2y
Panic and recrimination: Inside Silicon Valley's first real financial crisis
Tan added that SVB's collapse was "an *extinction level event* for startups and will set startups and innovation back by 10 years or more." Related stories On March 11, Y Combinator launched a ...
TheStreet.com2y
Why Silicon Valley Bank's Collapse Is Spooking Wall Street
We're not seeing a great deal of cash flow as a result in terms of profitability into SVB. Now, at the same time, SVB, like a lot of other banks in the United states, held a great number of U.S ...
Mercury scores $300 million Series C
Mercury, a provider of banking services for enterepreneurs and the tech industry, has secured $300 million in Series C ...
inc422y
A Weekend Of Terror: How Indian Startup Founders Endured The SVB Collapse
As many as 1,000 Indian startups were on the brink of shutting down if the SVB collapse wasn’t handled promptly, sources say Several Y Combinator-backed startup founders constituted a WhatsApp ...
U.S. News & World Report2y
What Investors Should Know About Silicon Valley Bank's Failure
How SVB failed. Implications and questions ... across 34 countries and the Zacks Rank Trading Tool. Signature's collapse follows the announcement last week from crypto-focused lender Silvergate ...
TMCnet1d
Mercury Announces $300 Million Series C Round at $3.5 Billion Valuation
Mercury, the fintech ambitious companies use for banking*, credit cards, and software to power all their financial workflows, today announced a $300 million Series C investment round from existing and ...
Reuters2y
US regulators race to stem SVB collapse panic: reports
The tariff actions, which could upend nearly $2.2 trillion in two-way annual U.S. trade, went live hours after Trump declared that all three countries had failed to do enough to stem the flow of ...