JUST IN: Circle $USDC says it will cover any missing liquidity in Silicon Valley Bank using corporate funds.
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JUST IN: πΊπΈ Federal Reserve considering creating a fund to backstop deposits if more banks fail.
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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: πΊπΈ US Treasury Secretary rules out a bailout for Silicon Valley Bank $SIVB.
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JUST IN: π¬π§ 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: πΊπΈ 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: πΊπΈ US banks have over $620 billion in unrealized losses, FDIC says.
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JUST IN: πΊπΈ US officials consider bailing out all Silicon Valley Bank deposits, WAPO reports.
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JUST IN: π¬π§ Bank of London officially submits bid for Silicon Valley Bank UK.
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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: πΊπΈ US says all Silicon Valley Bank $SIVB depositors will have access to their money on Monday.
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JUST IN: πΊπΈ US says Signature bank closed today by state authority.
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JUST IN: Coinbase $COIN says it holds $240 million in now-collapsed Signature bank.
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