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Silvergate and SVB bite the dust: Law Decoded, March 6–13.

Elizabeth Warren and Sherrod Brown didn’t miss a chance to attack the crypto industry after bank failures.

US regulators shut down Signature Bank despite 'no insolvency': Report

"Regulators wanted to send a very strong anti-crypto message,” said former House of Representatives member and Signature Bank board member Barney Frank.

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

The class action suit was filed against Silicon Valley Bank, chief executive officer Greg Becker, and chief financial officer Daniel Beck.

State caps or federal regulation: What's next for political crypto donations

The industry isn’t having the best of its moments now, but the topic of campaign donations in crypto remains a relatively safe space for innovation.

Crypto industry may escape lasting damage from Silvergate liquidation

Some foresee benefits if the U.S. finally gets sensible crypto regulation post-Silvergate, and traditional banks “may become warmer to establishing [crypto] relationships.”

Silicon Valley Bank collapse: How SVB stock price performed in 5 years

Silicon Valley Bank was rated as one of the top banks in America for five years running prior to its closure by U.S. regulators in March 2023.

All rise for the robot judge: AI and blockchain could transform the courtroom

Do the developers of legal bots have sufficient knowledge and experience of the law? Is the data used to “train” their algorithms timely? Will critical evidence be filtered out?

Coinbase CEO ponders banking features after Silicon Valley Bank crisis

Coinbase CEO Brian Armstrong says the exchange has previously considered adding features to become a neo-bank of sorts.

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

Banking giant HSBC announced that its U.K. arm is acquiring Silicon Valley Bank UK Limited (SVB UK) for one pound ($1.21).

Binance US, Alameda, Voyager Digital and SEC — the ongoing court saga

Court cases involving the U.S. SEC and some major crypto industry enterprises - Voyager Digital, Alameda Research and Biance - have continued to progress throughout 2023.

Biden vows to hold those responsible for SVB, Signature collapse

US President Joe Biden on Twitter said he is "firmly committed" to holding those responsible for the Silicon Valley Bank and Signature Bank collapse "fully accountable."

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

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

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

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

U.S. Treasury Janet Yellen working on SVB collapse, not at bailout: Report

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.

Bill Ackman warns US gov't: Fix mistake in ‘48 hours’ or face ‘destruction’

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

Silicon Valley Bank's UK branch shut down by Bank of England

Several U.K. venture capital firms have shown support for SVB UK stating it is a “trusted” partner and plays a "pivotal" role in supporting startups.

Silicon Valley Bank down, USDC depegged, FTX billed $34M in Jan.: Hodler’s Digest, March 5-11

Bank run on Silicon Valley Bank, USDC depegged from U.S. dollar and FTX’s bankruptcy expenses hit $34 million in January.

Sen. Warren calls out 'sham audits' while SVB threatens crypto bankruptcy

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

USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank

At the time of writing, USDC lost 3% of its value as it traded at $0.969, and a Circle executive envisions broader implications for business, banking and entrepreneurs without a Federal rescue plan.

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