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Tag: Startups

Coinbase, Paxos Disclose Exposure to Failed Signature Bank

Signature Bank emerged late Sunday as the latest institution to collapse amid a series of bank failures, and multiple crypto companies took to Twitter...

Startups, VCs will get money back from SVB. Now what?

Question Time for startups and venture-capital firms who banked with Silicon Valley Bank: it’s Monday and the feds say you can withdraw your deposits...

What Is Ethereum? Blockchain’s Future of Finance Explained

Ethereum (ETH) is the second largest crypto by market capitalization, second only to Bitcoin (BTC). While Bitcoin is undeniably revolutionary, Ethereum has reimagined the...

Stablecoin Issuers Seek to Diversify Banking Partners in the Wake of Silicon Valley Bank’s Meltdown

Today’s bankruptcy of California’s Silicon Valley Bank removes one lending partner from the cryptocurrency industry, increasing pressure on stablecoin producer Circle...

Circle’s USDC Reserve Exposure and Potential Risks

Circle is one of the largest issuers of stablecoins, with USDC being the second-largest stablecoin in circulation. As of January 31, 2022, the circulating...

South Dakota Governor Vetoes Bill Excluding Cryptocurrencies from State’s Definition of Money

South Dakota Governor Kristi Noem has vetoed House Bill 1193, which aimed to amend the state's Uniform Commercial Code (UCC) to specifically exclude cryptocurrencies...

Silicon Valley Bank’s UK branch shut down by Bank of England

The Bank of England (BoE) has halted the operations of Silicon Valley Bank’s U.K. branch (SVB UK), stating that it has a “limited presence”...

Fintech and Euro Forecast for 2023: How Will They Impact the Global Economy?

Introduction: The world of finance is in a constant state of flux, and fintech is a major driving force behind this change. Fintech companies...

Circle to ‘Cover Any Shortfall’ in USDC Reserves, Sparking Stablecoin Rally

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and...

Sen. Warren calls out ‘sham audits’ while SVB threatens crypto bankruptcy

Elizabeth Warren and Ron Wyden, both of the United States Senate, have submitted a request to the Public Company Accounting Oversight...

Silvergate: A postmortem

IntroductionSilvergate bank announced it would begin winding down operations and undergo voluntary liquidation.On March 8, the bank said it was exploring how it could...

Quantum Computing Weekend Update March 6-11

Quantum Computing Weekend Update March 6-11: Quantum Computing Weekend Update February 20-25: Enjoy the best articles from InsideQuantumTechnology.com from this week...

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