Silicon Valley Bank
Trade Volumes on the Decentralized Exchange (DEX)…
Trade Volumes on the Decentralized Exchange (DEX) Increased by About 250% During the stablecoin crisis earlier this week, when the value of USDC, the second-largest stablecoin by market capitalization, fell to a low of $0.87 before recovering, decentralized exchanges (DEXs) saw an enormous increase in trading volume.
Three Venture Capital’s $5 billion in SVB
Three Venture Capital’s $5 billion in SVB Three venture capitals comprising Paradigm, Pantera Capital, and Andreessen Horowitz (a16z) allegedly have more than $5 billion in Silicon Valley Bank (SBV).
Circle Announces Enterprise Sourcing Strategy for USDC
Circle, one of the companies behind USDC, announced the strategies they are planning for the…
Recent New Events in USDC-2023
The crisis in the United States banking system has had a profound impact on stablecoins…
How Has the Bitcoin Price Been Affected…
There was a fast recovery in Bitcoin price with the statement that depositors will be…
Why is Crypto Going Up?
There has been a mixed bag of events in the cryptocurrency community recently, including the…
Signature Bank Shut Down by State Regulators
Signature Bank, a New York-based financial institution, has been shut down by the United States…
Pantera Capital Affected by Silicon Valley Bank…
Pantera Capital, a crypto-focused investment firm, reportedly has assets in the recently bankrupt Silicon Valley…
Elon Musk May Buy Silicon Valley Bank
World-renowned businessperson Elon Musk said on Twitter that he is open to the idea of…