Circle taps Cross River as banking partner, expands ties with BNY
Circle announced a new banking partner after Silicon Valley Bank’s failure and is expanding ties with BNY Mellon.
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Breaking: Silicon Valley Bank UK arm acquired by HSBC for one pound
Banking giant HSBC announced that its U.K. arm is acquiring Silicon Valley Bank UK Limited (SVB UK) for one pound ($1.21).
Circle CEO ‘able to access’ $3.3B of USDC’s reserves at Silicon Valley Bank
Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing market share to its competitor…
Collapse of Silvergate and Silicon Valley Bank represent a challenge for crypto
The fire lit by Silvergate Bank and Silicon Valley Bank will make it harder for crypto to find financial partners.
FDIC to attempt another auction of Silicon Valley Bank: Report
Regulators are planning another auction for Silicon Valley Bank after the previous attempt to find a new owner failed.
Shareholders file lawsuit against Silicon Valley Bank, alleging fraud: Report
The class-action suit was filed against Silicon Valley Bank, CEO Greg Becker and chief financial officer Daniel Beck.
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