US authorities preparing ‘material action’ to curb SVB contagion
The White House assessed the impact of Silicon Valley Bank’s failure over the weekend with keen attention to venture capital...
Day: March 13, 2023
US Treasury Secretary Yellen working on SVB collapse, not a bailout: Report
Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse,...
‘Nobody left to bank crypto companies’ — Crypto Twitter reacts
Prominent members of the crypto community have expressed uncertainty after the loss of crypto friendly banks. Crypto companies could find...
Biden vows to hold those responsible for SVB, Signature collapse
US President Joe Biden on Twitter said he is "firmly committed" to holding those responsible for the Silicon Valley Bank...
OpenSea patches vulnerability that potentially exposed users’ identities
Cybersecurity firm Imperva found a vulnerability that could be used to leak user information such as email addresses and phone...
USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement
The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023,...
NY Regulators Seize Control of Signature Bank, Depositors Assured by Federal Bailout
On Sunday, the New York Department of Financial Services, or DFS, announced that it had taken possession of Signature Bank....
Binance Trains Ukraine’s Cyberpolice and Security Service
Crypto exchange Binance has organized training courses for representatives of law enforcement authorities in Ukraine. The leading coin trading platform...
