Silicon Valley Bank
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No Capital Exposure for Sky Mavis, Axis Infinity, and Ronin Network
On March 11, Aleksander, co-founder and CEO of Axis Infinity and Sky Mavis, clarified that Sky Mavis, Axis Infinity and Ronin Network had no capital exposure i…
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PROOF assures investors over diversification of assets
On March 11, PROOF, the parent company of Moonbirds, the NFT project, issued a statement about Silicon Valley Bank. PROOF confirmed that it held cash in Silico…
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Fat Penguin Pudgy Penguins’ Founder Speaks up about Silicon Valley Bank Collapse
According to reports, Luca Netz, founder of the NFT project \”Fat Penguin\” Pudgy Penguins, said on social media that the collapse of the Silicon Valley bank had…
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Blur Offers Safety Tips amid Uncertain Market Conditions
According to reports, according to Pacman, the founder of Blur, who clarified on social media that Blur\’s core contributors did not contact Silicon Valley Bank…
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Cryptocurrency Companies Look for Stable Bank Partnerships Following Silicon Valley Bank Collapse
It is reported that after the collapse of the Silicon Valley Bank, the stable currency issuers such as Circle, Paxos and Tether all said that they would establ…
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Moody’s Downgrades the Creditworthiness of Silicon Valley Bank
It is reported that Moody\’s lowered the rating of Silicon Valley Bank Financial Group and its banking subsidiary, Silicon Valley Bank, and said that it would w…
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Circle’s Stable Currency USDC Continues to Operate Normally as Silicon Valley Bank Undergoes Transition
It is reported that Circle, the issuer of stable currency, wrote on social media that Silicon Valley Bank is one of the six banking partners of Circle and is r…
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Silicon Valley Bank: Deposits Not Fully Insured
On March 10, according to Max Reyes, a reporter, a document recently submitted by Silicon Valley Bank to the regulatory authority showed that more than 93% of …
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Silicon Valley Bank’s Outflow Rate of Savings Funds Exceeds Asset Selling
According to CNBC, the outflow rate of savings funds of Silicon Valley Bank (SIVB. O) exceeded the process of raising funds by selling assets.
The outf…
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Silicon Valley Bank’s Fundraising Attempt Fails, Self-Sale Under Negotiation
It is reported that the attempt of Silicon Valley Bank (SIVB. O) to raise funds has failed, and the negotiation of self-sale is under way. The trading of Silic…
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Silicon Valley Bank Trading Suspension and Pre-Market Decline
It was reported that the trading of Silicon Valley Bank (SIVB. O) was temporarily suspended, and the pre-market decline narrowed to 40%.
The trading of…
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Silicon Valley Bank’s plummeting stock prices
It is reported that according to market data, Silicon Valley Bank (SIVB. O) fell nearly 70% before the market, and its opening share price hit a new low since …
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Silicon Valley Bank’s Unusual Funding Strategy
According to reports, John Cronin, an analyst at Goodbody, a stock broker, said, \”Silicon Valley Bank is a unique example because it relies heavily on commerci…
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Downturn in Silicon Valley Bank Caused by Negative Reviews by Business Incubators
It is reported that the US stock market of Bank of Silicon Valley fell by more than 20%. Previously, Y Combinator, a famous American business incubator, report…
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Venture capital institutions in the encryption field urges portfolio companies to withdraw capital from Silicon Valley Bank
It is reported that the venture capital institutions in the encryption field such as Mechanism Capital, Eden Block, Pantera Capital are urging their portfolio …