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The FDIC reportedly started an auction process late on March 11 for Silicon Valley Bank. Bids were to be open for just a few hours.

Bitcoin is trying to sustain above $20,000 and if it succeeds, ETH, MATIC, TON and OKB may witness a strong recovery.

An emergency plan to rescue startups and tech companies affected by the Silicon Valley Bank collapse is underway in the United Kingdom.

Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse, but not considering a major bailout.

Discover the causes and mechanisms behind stablecoin depegs.

With the help of the Metaverse Fund, South Korea will support the mergers and acquisitions of various firms from the metaverse ecosystem.

Approximately 125 VCs and investors signed a statement supporting Silicon Valley Bank to limit the fallout of the bank’s collapse and the subsequent impact on tech companies.

Billionaire Bill Ackman said that SVB’s senior management made a “basic mistake” and should be fired.

Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of stablecoins.

A petition urging regulators to step in claims that nearly 40,000 of all depositors at Silicon Valley Bank are small businesses.

However, several UK venture capital firms have come out in support of the shuttered firm, stating it plays a "pivotal" role in supporting startups.

Several USDC holders have fled to other stablecoins amid fears surrounding its solvency.

According to Circle, USDC liquidity operations will “resume as normal when banks open on Monday morning in the United States,“ enabling USDC redemption at 1:1 with the U.S. dollar.

The trading freeze follows an analysis from DeFi’s risk manager firm Gauntlet Network considering different scenarios for the USD Coin price.

According to insiders, 50% of uninsured deposits will be paid out by next week.

Cosmos governance has approved the v9-Lambda upgrade, including interchain security and possibly kicking off a “virtuous real yield cycle.”

The DeFi protocol experienced record-breaking daily trading volume after the USDC depeg as crypto whales fight for assets.

It is unclear how much assets custodied on behalf of crypto VCs are stuck in Silicon Valley Bank.

Explore decentralized web hosting and how it distributes data securely across a network of nodes.

The depegging of the USDC stablecoin has affected other stablecoins, wreaking havoc on crypto projects and stakeholders in a massive chain reaction.

The Silicon Valley Bank collapse on March 10 has sparked fear, uncertainty and doubt across the crypto community.

The DAI stablecoin supported the price of GHST for over two years.

Token incentive models may become obsolete as layer-2 networks focus on ease of functionality and low fees, but how will this impact decentralization?

“Proposal(s) implementing the above changes are expected to be posted in the next ~12 hours or less,” says MakerDAO.

Bitcoin recovers from the USDC’s depeg from the U.S. dollar.

Ethical hacking is the practice of identifying and testing vulnerabilities in a system to improve its security and prevent unauthorized access.

Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the U.S. dollar.

While the crypto market responded with a massive sell-off, not all USDC investors were lucky enough to walk away with their funds amid the uncertainty.

Contrasting Warren’s statements against crypto auditors, numerous members highlighted the ongoing collapse of Silicon Valley Bank (SVB), a Federal Deposit Insurance Corporation-insured bank.

Despite the SEC looking to crack down on supposed unregistered securities offerings via staking rewards programs, Coinbase has outlined that its services will continue.