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Kamala Harris Pledges to Support Digital Assets — ‘We Will Cut Needless Bureaucracy’

[Sep 23 4:12 PM] Vice President Kamala Harris has pledged to support innovative technologies like artificial intelligence and digital assets while ensuring consumer and investor protection. Her remarks, highlighting AI and cryptocurrency as key aspects of her…

Billionaire Mark Cuban Connects Silicon Valley’s Trump Support to Bitcoin

[Jul 17 1:17 PM] On Wednesday, billionaire investor Mark Cuban shared on X about Silicon Valley’s growing backing for former President Trump, labeling it a “bitcoin play.” He argued that reduced tax rates and tariffs are likely to boost bitcoin…

Argentina’s Milei meets top tech CEOs to boost business relations

[May 29 3:57 PM] Libertarian Argentina has “enormous possibilities” under his leadership, Milei tells Sam Altman.

Y Combinator, Startup Incubator Behind Airbnb, Coinbase, and Stripe, Looks to Invest in Stablecoin Finance

[Feb 19 2:52 AM] Y Combinator (YC), the Silicon Valley incubator, has listed stablecoin finance as a category in its new and updated list of areas it would like to deploy funds in.

OpenAI and Microsoft partner with Humane on wearable AI pin

[Nov 10, 2023 3:22 AM] AI startup Humane launched the wearable virtual assistant AI Pin that is embedded with technology from OpenAI and cloud computing services from Microsoft.

Crypto Hubs 2023: Where to Live Freely and Work Smart

[Jun 27, 2023 5:57 AM] With shifting regulatory regimes worldwide, crypto is on the move to find the best locales to put down roots, get licensed, register or just be. Crypto Hubs 2023, our ranking of the top 15 global crypto hubs, is a good place to start.

Silicon Valley: The Mecca for Venture Capital May Be Cooling on Crypto

[Jun 27, 2023 5:31 AM] The storied birthplace of the U.S. tech industry is dripping with talent and money. But crypto founders who live in the No. 8 spot on CoinDesk’s Crypto Hubs 2023 list say that Web3 is losing ground to artificial intelligence in the race to capture…

Circle and Sequoia were among top depositors at Silicon Valley Bank: Report

[Jun 23, 2023 9:45 AM] According to a Bloomberg report, other major depositors included Silicon Valley Bank, SVB Financial Group, biotechnology research company Altos Labs, and China-based firm Kanzhun.

Biden to discuss dangers of AI in San Francisco meeting with experts

[Jun 20, 2023 1:30 PM] The U.S. president will meet with AI experts to discuss safety, policy and opportunities while he’s in San Francisco.

GAO cites exposure to digital assets in exploring collapse of Signature Bank

[May 11, 2023 11:20 AM] Michael Clements said the GAO had reviewed “large deposits from the digital asset space” in considering whether crypto had contributed to Signature’s failure.

Coinbase Might Soon Offer Banking-Like Services, Claims Ripple Board Member

[May 7, 2023 12:40 AM] The second-largest crypto exchange, Coinbase, is still progressing despite the US Securities and Exchange Commission’s enforcement action against it.  As such, a Ripple board member and an angel investor at PartyDAO, Asheesh Birla, predict it…

Africa: The next hub for Bitcoin, crypto adoption and venture capital?

[Mar 29, 2023 6:05 AM] Cointelegraph’s Elisha Owusu Akyaw shares how cryptocurrency is changing the financial landscape in Africa — and the opportunities and challenges that come with it.

In the aftermath of banks’ horrorshow: Law Decoded, March 13–20.

[Mar 20, 2023 2:30 PM] A week after the twinning collapse of Silicon Valley Bank (SVB) and Signature Bank, and the trouble at Credit Suisse, the dust is slowly settling down.

Rattled crypto industry could emerge stronger after USDC depeg

[Mar 20, 2023 7:41 AM] Did the depegging reveal stablecoins’ limitations, or was it a learning moment?

More 186 US banks well-positioned for collapse, SVB analysis reveals

[Mar 17, 2023 11:33 PM] Rising interest rates, which brought down the U.S. banking system’s market value of assets by $2 trillion, combined with a large share of uninsured deposits at some U.S. banks, threatens their stability.

Congress announces March 29 hearing into failures of SVB and Signature Bank

[Mar 17, 2023 3:59 PM] According to the House Financial Services Committee, it expects to hold multiple hearings on “getting to the bottom” of the banks’ failures.

This Crisis Will Define the Future of Money

[Mar 17, 2023 12:11 PM] The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly…

SVB Collapse Tanked NFT Trading Volumes, DappRadar Report Suggests

[Mar 16, 2023 12:28 PM] The day after Silicon Valley Bank collapsed, the number of active NFT traders dropped to its lowest point since November 2021.

Credit Suisse Shares Drop Nearly 25%, Is Bitcoin Gearing For Another Rally?

[Mar 15, 2023 2:00 PM] As the global bank crisis spreads, Credit Suisse Group AG, a Switzerland-based global investment bank and financial services firm, seems to have been caught in the contagion, which could lead to more gains for Bitcoin and the crypto market. The…

Silicon Valley Bank was the tip of a banking iceberg

[Mar 14, 2023 10:27 AM] Bank forecasting needs to become more than a “check-the-box” motion for regulatory compliance. It needs to be treated as a strategic decision-making tool.

Shareholders file lawsuit against Silicon Valley Bank, alleging fraud: Report

[Mar 13, 2023 12:29 PM] The class-action suit was filed against Silicon Valley Bank, CEO Greg Becker and chief financial officer Daniel Beck.

Binance CEO announces recovery funds conversion from BUSD to 'native crypto'

[Mar 13, 2023 2:50 AM] Binance CEO says with recent “changes” in stablecoins and banks, the company’s recovery fund will be converted from BUSD to “native cryptos" such as BTC.

Breaking: Silicon Valley Bank UK arm acquired by HSBC for one pound

[Mar 13, 2023 1:43 AM] Banking giant HSBC announced that its U.K. arm is acquiring Silicon Valley Bank UK Limited (SVB UK) for one pound ($1.21).

Ripple CEO assures ‘strong financial position’ despite SVB collapse

[Mar 12, 2023 5:42 PM] In a short tweet thread with no specifics, Garlinghouse said the SVB situation would not disrupt daily operations.

Silicon Valley Bank collapse: Everything that’s happened until now

[Mar 12, 2023 3:14 PM] Events surrounding Silicon Valley Bank are moving fast. Here is a breakdown of the major developments over the course of three days.

Bank of London bids to acquire Silicon Valley Bank's UK arm

[Mar 12, 2023 1:38 PM] The global clearing bank is leading a consortium of private equity firms seeking to purchase SVB's British arm.

U.S. authorities preparing 'material action' to curb SVB contagion

[Mar 12, 2023 12:12 PM] The White House assessed the impact of Silicon Valley Bank's failure over the weekend with a keen attention to venture capital firms and regional banks.

FDIC bidding for Silicon Valley Bank is in progress: Report

[Mar 12, 2023 10:56 AM] The FDIC has reportedly started an auction process on late Saturday for Silicon Valley Bank. Bids are open for just a few hours.

UK regulators moving “at pace” to deliver a plan for tech firms hurt by SVB collapse

[Mar 12, 2023 9:38 AM] An emergency plan to rescue startups and tech companies affected by the Silicon Valley Bank collapse is underway in the United Kingdom.

Over 100 VCs, investors voice solidarity with Silicon Valley Bank

[Mar 12, 2023 2:32 AM] 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.