Real-world assets tokenization lacks infrastructure, not just regulation
The next generation of securities and asset tokenization has been held back by a lack of infrastructure and…
US authorities preparing ‘material action’ to curb SVB contagion
The White House assessed the impact of Silicon Valley Bank’s failure over the weekend with keen attention to…
FDIC bidding for Silicon Valley Bank is in progress: Report
The FDIC reportedly started an auction process late on March 11 for Silicon Valley Bank. Bids were to…
UK regulators moving ‘at pace’ to deliver plan for tech firms hurt by SVB collapse
An emergency plan to rescue startups and tech companies affected by the Silicon Valley Bank collapse is underway…
US Treasury Secretary Yellen working on SVB collapse, not a bailout: Report
Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley…
Curve Finance trading volume reaches $7B historic high after USDC depeg
Stablecoin swapping pool Curve Finance experienced the highest daily trading volume in its history, exceeding $7 billion in…
Aave freezes stablecoin trading on v3 Avalanche as activity surges on CEXs
Lending protocol Aave has frozen stablecoin trading and set the loan-to-value (LTV) ratio to zero in response to…
Silicon Valley Bank failure could trigger run on US regional banks
Federal Reserve and Federal Deposit Insurance Corporation (FDIC) decisions concerning the future of Silicon Valley Bank (SVB) may…
Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds
USD Coin (USDC) issuer Circle plans to use “corporate resources” to cover the shortfall on its reserves following…
Gemini’s banking relationship with JPMorgan ‘remains intact’
Crypto exchange Gemini took to Twitter on March 8 to deny rumors about its banking relationship with United…