JUST IN: Silicon Valley Bank $SIVB Chief Administrative Officer served as Lehman Brother’s CFO prior to joining the bank.

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JUST IN: 🇬🇧 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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JUST IN: Circle $USDC says it will cover any missing liquidity in Silicon Valley Bank using corporate funds.

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JUST IN: Silicon Valley Bank $SIVB CEO delivers message to employees.

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JUST IN: 🇺🇸 Federal Reserve considering creating a fund to backstop deposits if more banks fail.

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JUST IN: Binance to add Bitcoin, Ethereum, & BNB trading pairs tied to $USDC.

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JUST IN: FDIC says it will pay uninsured depositors at Silicon Valley Bank $SIVB a percentage of their deposits as an "advance dividend."

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JUST IN: 🇺🇸 US Treasury Secretary rules out a bailout for Silicon Valley Bank $SIVB.

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JUST IN: 🇬🇧 Over 200 UK firms won't be able to pay staff due to Silicon Valley Bank $SIVB collapse, BBC reports.

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JUST IN: 🇺🇸 US government to make material announcement on Silicon Valley Bank to prevent further fallout.

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JUST IN: FDIC auction for Silicon Valley Bank underway, final bids due Sunday, Bloomberg reports.

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JUST IN: 🇺🇸 US banks have over $620 billion in unrealized losses, FDIC says.

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JUST IN: 🇺🇸 US officials consider bailing out all Silicon Valley Bank deposits, WAPO reports.

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JUST IN: 🇬🇧 Bank of London officially submits bid for Silicon Valley Bank UK.

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JUST IN: Silicon Valley Bank $SIVB deactivated its Twitter account.

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JUST IN: Silicon Valley Bank $SIVB website is offline.

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JUST IN: Ripple CEO confirms the company had an undisclosed amount of cash in Silicon Valley Bank $SIVB.

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BREAKING: 🇺🇸 US says all Silicon Valley Bank $SIVB depositors will have access to their money on Monday.

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