HSBC buys UK arm of Silicon Valley Bank for £1
HSBC bought the UK arm of collapsed US bank Silicon Valley Bank (SVB) for £1. SVB collapsed last week, sending shock waves across the banking and finance industry as well…
Circle says $3.3B of USDC reserves stuck at Silicon Valley Bank
Circle said it failed to remove $3.3 billion from Silicon Valley Bank. SVB is under FDIC receivership following its collapse. USDC depegged following the news, falling 8% to hit lows…
MakerDAO announces $100M DAI loan participation with US-based Huntingdon Valley Bank
The $100 million DAI loan is the first collaboration between MakerDAO and a US… The post MakerDAO announces $100M DAI loan participation with US-based Huntingdon Valley Bank appeared first on…