Silicon Valley banks
-
Bigg Digital Assets confirms no exposure to risk in SilverGate and Silicon Valley banks
According to reports, Bigg Digital Assets, a Canadian cryptocurrency company, said that it was confirmed that there was no risk exposure in SilverGate and Sili…
-
Resilient Banking System and Confidence in Bank Regulators
According to reports, US Treasury Secretary Yellen said that the banking system remained resilient; The regulators have been convened to discuss the issue of S…
-
Silicon Valley Banks: Potential Interest Rate Risk
On March 11, the bank team of Guoxin Securities Economics Research Institute believed that the problem of Silicon Valley banks this time was that they absorbed…
-
USDC in Panicked State, but Not Headed Towards Zero
On March 11, DeFi researcher Ignas said in a message that USDC seemed to be in a state of panic but would not return to zero as UST did. Circle had clarified t…
-
US Congress Discusses Failure of Silicon Valley Banks with Federal Reserve and FDIC
It is reported that the members of the United States Congress met with the Federal Reserve and the Federal Deposit Insurance Corporation to discuss the failure…
-
Growing Dependence on Silicon Valley Banks in the Crypto Industry
It is reported that up to now, including Circle, the issuer of the stable currency USDC, BlockFi, the encryption lending institution, LayerZero Labs, the devel…
-
NFT projects have limited exposure to Silicon Valley banks, stability not threatened
On March 11, Twitter user anymose.eth said that many NFT projects such as Yuga Labs and Azuki had a small amount of exposure to Silicon Valley banks, but their…
-
Circle’s USDC Reserves and Silicon Valley Banks
According to reports, Circle said on Twitter that about US $40 billion of USDC reserves had US $3.3 billion kept in Silicon Valley banks.
Circle: $3.3 …
-
LayerZero Labs’ Financial Safety Assured Despite Minimal Exposure to Silicon Valley Banks
According to the report, Bryan Pellegrino, CEO and co-founder of LayerZero Labs, a full-chain interoperability agreement development company, confirmed on soci…
-
Bybit CEO assures clients of unaffected services
On March 11, Ben Zhou, co-founder and CEO of Bybit, tweeted that Bybit and its client funds had no exposure to Silvergate and Silicon Valley banks. Please rest…
-
Silicon Valley Banks Not a Systemic Risk, Says Lawrence Summers
On March 11, Lawrence Summers, the former US Treasury Secretary, said in an interview with Bloomberg that he believed that the thunderstorm of Silicon Valley b…
-
The Contagion Risk of Silicon Valley Banks
It is reported that the White House economic adviser: the Treasury Department is monitoring the possible contagion risk of Silicon Valley banks.
White …
