Story Published at: March 10, 2023 at 10:44PM
SVB CEO Greg Becker cashed out $2M just before the collapse
Expect mass layoffs later today, Monday at latest
Story Published at: March 10, 2023 at 10:26PM
SF payroll firm Rippling unable to pay out after Silicon Valley Bank collapse
Story Published at: March 10, 2023 at 10:58PM
Roku says 26% of its cash reserves are stuck in Silicon Valley Bank
Story Published at: March 10, 2023 at 10:49PM
Who Failed Silicon Valley Bank Depositors?
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Should we point fingers at Silicon Valley Bank, the Federal Reserve, the banking system, crypto or the depositors themselves?Publish at: March 10, 2023 at 11:06PM
Crypto VC Firm Pantera Used Silicon Valley Bank as a Custodian
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data A regulatory filing shows the shuttered bank as one of three custodians for Pantera’s funds.Publish at: March 10, 2023 at 10:59PM
DeFi Protocol Curve’s $500M Stablecoin Pool Hammered as Traders Flee USDC
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Curve’s 3pool is supposed to have equal parts USDC, DAI and USDT. The trio are becoming imbalanced amid fallout from Silicon Valley Bank’s collapse.Publish at: March 10, 2023 at 10:51PM
$Roku filed a Form 8-K revealing that $487M stuck at SVB (25% of cash)
Story Published at: March 10, 2023 at 10:47PM
Facebook Parent Plans New Job Cuts That Could Match Last Year’s Tally
Story Published at: March 10, 2023 at 10:31PM
99.88% of money laundering transactions had been done with fiat. Yet various governments claimed that crypto is the currency for criminals.
via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/11o32z1/9988_of_money_laundering_transactions_had_been/ Money laundering is nothing new in history. It is the process of converting money from illegal activities into legitimate sources. Source: biv.com In a press conference at the White House, Treasury Secretary Steven Mnuchin claimed: “Cryptocurrencies such as Bitcoin have been exploited to support billions of dollars of illicit activity like cybercrime, tax […]