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OKX-Affiliated OKCoin Pauses USD On-Ramp Due to Signature Bank’s Collapse
13.3.2023
OkCoin CEO Hong Fang tweeted that customer deposits are safe and USD withdrawals are not affected
Smart Money Staying Put as USDC Remains Off-Peg
13.3.2023
Data from Nansen shows that the total amount held by smart money wallets, and active addresses, are at multi-month lows
HSBC Subsidiary to Acquire Silicon Valley Bank's U.K. Unit for 1 Pound
13.3.2023
The bank said the deal is a move to strengthen it's regional presence
TrueUSD Says ‘Small Number’ of Users Impacted by Signature Bank Closure
13.3.2023
Stablecoin issuer says USD funds held at Signature bank now fully backstopped by Fed
TrueUSD Says ‘Small Number’ of Users Impacted by Signature Bank Closure
13.3.2023
Stablecoin issuer says USD funds held at Signature bank now fully backstopped by Fed
Ripple Had ‘Some Exposure’ to Silicon Valley Bank, Says CEO
12.3.2023
Ripple, best known for its connection to XRP, kept some capital at the failed Silicon Valley Bank
Bitcoin Rises on Report Government Weighing Plan to Protect All Silicon Valley Bank Depositors
12.3.2023
Yellen Says No to SVB Bailout, but Says Government Is Working to Help Depositors
12.3.2023
Yellen sought to ease concerns that the bank’s collapse could lead to a domino effect
Circle to ‘Cover Any Shortfall’ in USDC Reserves, Sparking Stablecoin Rally
11.3.2023
The company plans to use corporate resources to fill the gap, including external capital
Coinbase Pauses Conversions Between USDC and U.S. Dollars as Banking Crisis Roils Crypto
11.3.2023
Circle's USDC stablecoin was hit by the shutdown of Silicon Valley Bank, one of its key banking partners
Circle Confirms $3.3B of USDC's Cash Reserves Stuck at Failed Silicon Valley Bank
11.3.2023
Silicon Valley Bank, one of the reserve banking partner for Circle's USDC stablecoin, was shut down by regulators on Friday
USDC Issuer Circle Says it 'Awaits Clarity' From FDIC on Silicon Valley Bank Collapse
11.3.2023
In its first statement following the collapse of Silicon Valley Bank, Circle declined to state how much cash it has tied up at the bank
Crypto VC Firm Pantera Used Silicon Valley Bank as a Custodian
10.3.2023
A regulatory filing shows the shuttered bank as one of three custodians for Pantera’s funds
DeFi Protocol Curve’s $500M Stablecoin Pool Hammered as Traders Flee USDC
10.3.2023
Curve's 3pool is supposed to have equal parts USDC, DAI and USDT. The trio are becoming imbalanced amid fallout from Silicon Valley Bank's collapse
Crypto Wallets Withdraw $902M USDC From Centralized Exchanges in Past 24 Hours Amid SVB, Silvergate Shutdowns
10.3.2023
$11.4 billion of USDC reserves are held in the form of cash at Reserve Banks, which include the two members of the Federal Reserve System
DeFi Stablecoin Exchange mStable Expects 4 Buyout Bids: Source
10.3.2023
Troubled DeFi stablecoin exchange mStable has been searching for a buyer after its founder announced he would leave at the end of March
Bitcoin Bounces as U.S. Adds 311K Jobs in February, Beating Expectations
10.3.2023
The unemployment rate fell/rose/held steady to 3.X%
Cathie Wood's ARK Purchases Over 350K Coinbase Shares in Biggest Buy of 2023
10.3.2023
ARK now owns 9.9 million COIN shares, worth $575 million which is around 3.8% of Coinbase's market cap
Replacing Silvergate’s Network Is a Challenge for Crypto Industry: JPMorgan
10.3.2023
Some of the services provided by Silvergate will migrate to other banks such as Signature Bank, Provident Bancorp, Metropolitan Commercial Bank and Customers Bancorp, the report said
DeFi Protocol Tender.fi Hacker Returns $1.6M Following Chainlink Oracle Glitch
10.3.2023
A white hat hacker that targeted DeFi protocol Tender.fi has returned $1.6 million that was stolen on Tuesday, receiving a 62.15 ether ($85,000) bug bounty instead