Silicon Valley Bank

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle (CoinDesk)
Circle Was Top Depositor Aided by SVB Government Rescue: Bloomberg
The FDIC guarantee included over $3.3 billion the USDC stablecoin issuer held at the lender.
Jeremy Allaire, Co-Founder, Chairman and CEO, Circle (CoinDesk)

FDIC Chairman Martin Gruenberg (Alex Wong/Getty Images)
Signature Bank Failed Because of Mismanagement, Contagion, FDIC Report Says
The Federal Deposit Insurance Corp. said Signature’s exposure to crypto industry deposits was also a contributing factor.
FDIC Chairman Martin Gruenberg (Alex Wong/Getty Images)

Circle, BlockFi Are Questioned by Lawmakers About Why They Banked at SVB
Circle, BlockFi Are Questioned by Lawmakers About Why They Banked at SVB
Sen. Elizabeth Warren (D-Mass.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) want to know why crypto companies, including bankrupt crypto lender BlockFi and stablecoin issuer Ci...
Circle, BlockFi Are Questioned by Lawmakers About Why They Banked at SVB

Sen. Warren, Rep. Ocasio-Cortez Ask Circle, BlockFi Why They Banked at SVB
Sen. Warren, Rep. Ocasio-Cortez Ask Circle, BlockFi Why They Banked at SVB
Sen. Elizabeth Warren (D-Mass.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) want to know why crypto companies, including bankrupt crypto lender BlockFi and stablecoin issuer Ci...
Sen. Warren, Rep. Ocasio-Cortez Ask Circle, BlockFi Why They Banked at SVB

Casa CEO on the Rise of Self-Custody in Wake of Recent Banking Jitters
Casa CEO on the Rise of Self-Custody in Wake of Recent Banking Jitters
Casa CEO Nick Neuman tells "First Mover" that the company has seen "the biggest customer volumes" for its self-custody product in the past month. He attributes this surge in i...
Casa CEO on the Rise of Self-Custody in Wake of Recent Banking Jitters

Sen. Elizabeth Warren (left) and Rep. Alexandria Ocasio-Cortez (Anna Moneymaker/Getty Images, modified by CoinDesk)
Sen. Warren, Rep. AOC Ask Circle, BlockFi Why They Banked at SVB
The lawmakers are asking 14 firms about SVB’s “white glove” treatment of some of its largest depositors.
Sen. Elizabeth Warren (left) and Rep. Alexandria Ocasio-Cortez (Anna Moneymaker/Getty Images, modified by CoinDesk)

USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High
USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High
Circle's USDC stablecoin saw net outflows surpassing $10 billion since March 10 after the regulators shut down the firm's banking partner Silicon Valley Bank. Many of the inve...
USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High

(Nikhilesh De/CoinDesk)
That Binance Suit Sure Seems Bigger Than Just a CFTC Case
The implications of the CFTC’s lawsuit against Binance extend well beyond any civil action.
(Nikhilesh De/CoinDesk)

Nellie Liang (Win McNamee/Getty Images)
Top U.S. Treasury Official Says Crypto Had No ‘Direct Role’ In Bank Failures
Treasury Under Secretary Nellie Liang told House lawmakers the crypto industry wasn’t a central factor in the wipeouts of Silicon Valley Bank and Signature Bank.
Nellie Liang (Win McNamee/Getty Images)

Rep. McHenry Questions Regulators on SVB Collapse
Rep. McHenry Questions Regulators on SVB Collapse
U.S. Rep. Patrick McHenry (R-N.C.) questions U.S. Treasury Undersecretary For Domestic Finance Nellie Liang, Federal Reserve Vice Chair for Supervision Michael Barr, and Feder...
Rep. McHenry Questions Regulators on SVB Collapse