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The Nigerian central bank recently said it had issued operational guidelines for open banking in Nigeria which are expected to enhance effic...
Billionaire Bill Ackman said that SVB’s senior management made a “basic mistake” and should be fired.
Use of cryptocurrencies is increasing in Russia, the head of the country’s financial watchdog has informed President Putin. The ag...
Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of stablecoi...
Billionaire Bill Ackman has warned of “vast and profound” consequences of the U.S. government letting Silicon Valley Bank (SVB) fa...
A petition urging regulators to step in claims that nearly 40,000 of all depositors at Silicon Valley Bank are small businesses.
Several U.K. venture capital firms have supported SVB UK, stating it is a “trusted” partner and plays a “pivotal” role in supporti...
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that another bank is set to crash following th...
Several USDC holders have fled to other stablecoins amid fears surrounding its solvency.
On Saturday, March 11, 2023, Circle Financial updated the public about its stablecoin, USDC, and noted that the stablecoin’s liqui...
Bank run on Silicon Valley Bank, USDC depegged from U.S. dollar and FTX’s bankruptcy expenses hit $34 million in January.
After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the company’s U.K.-based arm....
Circle stated it would use corporate resources and "external capital if necessary" to ensure that USDC is redeemable for the US Do...
According to Circle, USDC liquidity operations will “resume as normal when banks open on Monday morning in the United States,“ ena...
Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corpor...
The trading freeze follows an analysis from DeFi’s risk manager firm Gauntlet Network considering different scenarios for the USD...
It’s been revealed the fact that the US Dept just appealed the court of decision that approved a massive amount of money. Check ou...
According to insiders, 50% of uninsured deposits will be paid out by next week.
On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident t...