Rikeza Blog

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.

The FDIC has reportedly started an auction process on late Saturday for Silicon Valley Bank. Bids are open for just a few hours.

Blockchain technology transforms digital ownership with secure and transparent ownership tracking. Explore how it establishes proof of digital ownership.

The White House assessed the impact of Silicon Valley Bank’s failure over the weekend with keen attention to venture capital firms and regional banks.

The global clearing bank is leading a consortium of private equity firms seeking to purchase SVB’s British arm.

Events surrounding Silicon Valley Bank are moving fast. Here is a breakdown of the major developments over the course of three days.

The New-York-based bank, which is also known to serve a number of crypto firms, was shut down by state regulators, according to a Federal Reserve announcement.

The Federal Reserve established a funding program for banks, making $25 billion available to eligible firms in a bid to avoid further banking liquidity issues.

In a short tweet thread with no specifics, Garlinghouse said the SVB situation would not disrupt daily operations.

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