Silicon Valley Bank, one of the reserve banking partner for Circle’s USDC stablecoin, was shut down by regulators on Friday.
Source
Circle Confirms $3.3B of USDC's Cash Reserves Stuck at Failed Silicon Valley Bank
Related posts
-
Central Bank of Bolivia Unbans Bitcoin From the Nation’s Financial Ecosystem
The Central Bank of Bolivia has lifted a blanket ban on using bitcoin and other cryptocurrencies... -
Interpol Disrupts Scam Networks: 6,745 Bank Accounts Frozen, $2M Crypto Seized, 3,950 Arrested
Interpol’s Operation First Light, a global initiative involving 61... -
Cardano Blockchain Unfazed By Failed DDoS Attack Targeting Staked ADA
Fluid Token chief technology officer @ElRaulito_cnft said on X that the attack began block 10,487,530, each...
