BREAKING: πΊπΈ Silicon Valley Bank $SIVB shut down by California regulators.
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JUST IN: πΊπΈ Silicon Valley Bank $SIVB is the largest bank failure since the Great Recession.
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JUST IN: Silicon Valley Bank CEO sold $3.57 million worth of $SIVB stock in the past two weeks.
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JUST IN: Circle $USDC holds an undisclosed amount of cash in Silicon Valley Bank $SIVB.
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JUST IN: Nearly 50% of all venture capital-backed startups in the US had exposure to Silicon Valley Bank $SIVB.
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JUST IN: Binance temporarily suspends auto-conversion of $USDC to $BUSD, citing market conditions and high inflows.
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JUST IN: President and CEO of collapsed Silicon Valley Bank Greg Becker was a Class A director at the San Francisco Federal Reserve, Reuters reports.
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JUST IN: Elon Musk says he's "open to the idea" of Twitter buying Silicon Valley Bank and making it a digital bank.
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BREAKING: Circle confirms $3.3 billion of the ~$40 billion $USDC reserves are in collapsed Silicon Valley Bank.
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JUST IN: Silicon Valley Bank $SIVB Chief Administrative Officer served as Lehman Brotherβs CFO prior to joining the bank.
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JUST IN: π¬π§ Bank of England to place Silicon Valley Bank UK into insolvency procedure.
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JUST IN: Shiba Inu $SHIB launches decentralized blockchain beta called Shibarium.
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JUST IN: Binance CEO says it "feels like there is a coordinated effort to shutdown crypto friendly banks."
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