SVB
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Coinbase’s $3 Billion Credit Line to Circle After SVB’s Bankruptcy
It is reported that Coinbase provided Circle with an immediate credit line of approximately $3 billion after SVB\’s bankruptcy to ensure the full liquidity of US
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The US Banking System as a Modern Caste System
According to reports, Professor Gemini and co founder Tyler Winklevoss wrote on social media that the US banking system is a modern caste system, and only those
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Cross-Border Payment Platform Chipper Cash Explores Sale or New Investment Options
It is reported that the source revealed that the African cross-border payment platform Chipper Cash, supported by the Silicon Valley Bank (SVB) and the Cryptocu
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Circle assures customers of 100% safety of deposits and USDC reserves
On March 13, Jeremy Allaire, co-founder and CEO of Circle, tweeted that Circle\’s deposit in SVB was 100% safe and would open tomorrow. USDC reserves are also 10
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The looming threat of unrealized losses and bank failure in the US
According to the report, according to Martin Glenberg, chairman of the Federal Deposit Insurance Corporation (FDIC), the unrealized losses of Bank of America ex
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SVB Moffettnathanson to Continue with Normal Operation
It is reported that SVB Moffettnathanson, a securities division of Silicon Valley Bank (SVB), is expected to continue its normal operation.
The departments unde -
IOSG Ventures Denies Recent USDC Transactions and Exposure to SVB and Silvergate
According to reports, IOSG Ventures issued a statement that it had never conducted any USDC transactions in the past 7 days, and its exposure to SVB and Silverg
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USDC transfers its $3.3 billion cash reserves to other banking partners
On March 12, Jeremy, the founder of Circle, tweeted that USDC\’s $3.3 billion cash reserves remained in SVB. As of Thursday, we have started to transfer these fu
