Ada Cardano finally gets fiat-backed stablecoin USDM after huge delays Mehen Finance planned to launch USDM in early 2023 but saw delays after crypto-friendly banks shuttered in 2023 and its ... By VirtualCoinCapMarch 18, 2024
Cynthia Lummis Senators slam bank execs for blaming collapses on crypto, pocketing millions May 17, 2023
Coinbase CEO ponders banking features after Silicon Valley Bank crisis Coinbase CEO Brian Armstrong says the exchange has previously considered adding features to become a neobank. By VirtualCoinCapMarch 13, 2023 Brian Armstrong
USDC bounces back toward $1 peg after Fed announcement Positive developments concerning Circle's $3.3 billion worth of reserves held at Silicon Valley Bank and its new ... By VirtualCoinCapMarch 13, 2023 BNY Mellon
Biden vows to hold accountable those responsible for SVB, Signature collapse United States President Joe Biden said on Twitter that he is “firmly committed” to holding those responsible ... By VirtualCoinCapMarch 13, 2023 De-Peg
‘Nobody left to bank crypto companies’ — Crypto Twitter reacts Prominent members of the crypto community have expressed uncertainty after the loss of crypto friendly banks. By VirtualCoinCapMarch 13, 2023 crypto banks
US Fed announces $25B in funding to backstop banks The Federal Reserve established a funding program for banks, making $25 billion available to eligible firms in ... By VirtualCoinCapMarch 12, 2023 Banks
Silicon Valley Bank’s UK branch shut down by Bank of England Several U.K. venture capital firms have supported SVB UK, stating it is a “trusted” partner and plays ... By VirtualCoinCapMarch 12, 2023 Andreessen Horowitz
Bill 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 should be fired. By VirtualCoinCapMarch 12, 2023 Bill Ackman
Failed tech bank SVB held over $5B for prominent crypto VCs: Report It is unclear how much assets custodied on behalf of crypto VCs are stuck in Silicon Valley ... By VirtualCoinCapMarch 11, 2023 Cryptocurrencies
Filing shows BlockFi has uninsured $227M in Silicon Valley Bank fund BlockFi’s capital allocated to the money market mutual fund is not FDIC insured; however, the fund doesn’t ... By VirtualCoinCapMarch 11, 2023 BlockFi
Breaking: Circle discloses $3.3B tied up at Silicon Valley Bank Circle joined other customers and depositors in calling for the continuity of SVB in the U.S. economy. By VirtualCoinCapMarch 11, 2023 Circle
Bitcoin battles $20K as trader calls bank chaos ‘2008 all over again’ BTC price targets extend to $18,000 with Bitcoin bulls increasingly failing to preserve $20,000 as support amid ... By VirtualCoinCapMarch 10, 2023 Bitcoin
US Fed to create new crypto team amid concerns about unregulated stablecoins The Fed’s vice chair for supervision said that the central bank does not want to curb innovation ... By VirtualCoinCapMarch 10, 2023 Caitlin Long
US bank woes? Silicon Valley Bank stocks plunge 1 day after Silvergate downfall Concerns have been raised around the financial health of the tech-focused bank, which services the likes of ... By VirtualCoinCapMarch 9, 2023 bank
Mastercard releases New Job Listings for upcoming Crypto Wallet Projects September 30, 20192964 views