SVB’s failure on March 10 caused shock waves throughout the banking sector Washington: The US Federal…
Tag: Silicon valley bank
USDC Issuer Circle Says Executive’s Twitter Giveaway Offer Was Scam
Stablecoin USDC’s issuer Circle said its chief strategy officer’s Twitter account was hacked on Wednesday, after…
TCS, Infosys Have Highest Exposure to US Regional Banks, Says JP Morgan
Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional…
Indian Startups Have Deposits Worth $1 Billion in SVB, Says IT Minister
Indian startups had deposits worth about $1 billion (roughly Rs. 8,250 crore) with embattled Silicon Valley…
Ex-CEO Of Silicon Valley Bank Spotted In Hawaii Where He Owns $3.1 Million Luxury Home
Greg Becker, CEO of the crisis-hit Silicon Valley Bank. Silicon Valley Bank, which catered to the…
USDC Investors Pulled $3 Billion From Stablecoin in Three Days: Circle
Crypto investors pulled around $3 billion (roughly Rs. 24,840 crore) overall from the stablecoin USDC in…
‘We’re Unrelated’: India’s SVC Bank Clears Confusion With Collapsed SVB
India’s 116-year-old SVC bank was compelled to issue an official clarification regarding the status of its…
Anchorage Digital Cuts 20 Percent Staff Amid Crypto Bank Shutdowns
Anchorage Digital has decided to trim its staff, adding another incident to the streak of fateful…
Silicon Valley Banks Collapse: How US Bank Regulators Missed Red Flags
President Joe Biden promised a “full accounting of what happened”. (Representational) New York: With hindsight, there…