US Fed announces $25B in funding to backstop banks
The Federal Reserve established a funding program for banks, making $25 billion available
Read MoreBinance Trains Ukraine’s Cyberpolice and Security Service
Crypto exchange Binance has organized training courses for representatives of law
Read MoreReport: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow
The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for
Read MoreFDIC bidding for Silicon Valley Bank is in progress: Report
The FDIC reportedly started an auction process late on March 11 for Silicon Valley Bank.
Read MoreUS Treasury Secretary Rules Out Government Bailout of Silicon Valley Bank
U.S. Treasury Secretary Janet Yellen has ruled out a government bailout of the collapsed
Read MoreUK regulators moving ‘at pace’ to deliver plan for tech firms hurt by SVB collapse
An emergency plan to rescue startups and tech companies affected by the Silicon Valley
Read MoreUS Treasury Secretary Yellen working on SVB collapse, not a bailout: Report
Janet Yellen said in an interview on March 12 that U.S. regulators are working to address
Read MoreSouth African Rand Plunges to New 2023 Low Versus the US Dollar
Just a few weeks after tapping its best exchange rate versus the greenback in 2023, the
Read MoreBill Ackman warns US gov’t: Fix mistake in ‘48 hours’ or face ‘destruction’
Billionaire Bill Ackman said that SVB’s senior management made a “basic mistake” and
Read MoreDo Kwon had the right idea, banks are risk to fiat-backed stablecoins — CZ
Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed
Read More