Tag: Silicon
Denver-Boulder aims to be Silicon Valley of the future
An Atom Computing employee engaged in work on a computer screen.CNBCThis story is part of CNBC's quarterly Cities of Success series, which explores ci [...]
Silicon Valley Giant Y Combinator Now Looks to Invest in Stablecoin Finance
YC said that although $136 billion worth of stablecoins have been issued to date, the opportunity in the sector is “much more immense still.” Despite [...]
Scaramucci leads bidding for Silicon Valley Bank VC arm: Report
SVB Financial Group, the former parent company of Silicon Valley Bank is getting closer to a deal that will see the institution sell its venture capit [...]
A Who’s Who of Silicon Valley Will Convene With Lawmakers on A.I.
Ever since ChatGPT exploded in popularity last year, Silicon Valley’s titans have been embroiled in a race to be at the forefront of artificial intell [...]
Circle and Sequoia were among top depositors at Silicon Valley Bank: Report
Stablecoin issuer Circle and venture capital firm Sequoia Capital were reportedly among the top 10 depositors at the collapsed crypto-friendly Silicon [...]
Fed, SEC investigate Goldman Sachs over Silicon Valley Bank’s securities portfolio: Report
Goldman Sachs is currently facing scrutiny from the Federal Reserve and Securities and Exchange Commission (SEC) regarding its involvement in the purc [...]
Regulators Rebut Claims by Silicon Valley Bank’s Ex-C.E.O.
When asked in a Senate hearing this week who was to blame for the demise of Silicon Valley Bank, the lender’s former chief executive, Greg Becker, had [...]
Silicon Valley-based tech accelerator expands its digital asset vertical to France
Plug and Play Tech Center, an accelerator based in California’s Silicon Valley, will expand its crypto and digital assets vertical to France, the comp [...]
How Silicon Valley Bank’s Failure Could Have Spread Far and Wide
WASHINGTON — The federal government’s rescue of two failed banks last month has drawn criticism from some lawmakers and investors, who accuse the Bide [...]
Sen. Warren, Rep. AOC Ask Circle, BlockFi Why They Banked at Silicon Valley Bank
They have also been asked to provide information about the alleged “coddling” of any of their executives or board members by SVB, including details ab [...]
USDC Boasted Transparency. It Didn’t Help When Silicon Valley Bank Got Into Trouble
On a long enough timeline, another significant stablecoin test, like the one that faced USDC, is inevitable. The reasons for the next one will be diff [...]
Top Fed Officials Criticize Silicon Valley Bank Executives at Senate Hearing
Officials blamed executives at Silicon Valley Bank for its failure on March 10, while adding that Federal Reserve oversight is in for a revamp.
www.n [...]
Silicon Valley Bank’s Risks Went Deep. Congress Wants to Know Why.
Lapses at the bank will be a focus as a top Federal Reserve official testifies to House and Senate committees this week.
www.nytimes.com [...]
Fed Vice Chair Calls Silicon Valley Bank a ‘Textbook Case of Mismanagement’
The Federal Reserve’s top bank cop blamed Silicon Valley Bank’s leaders, while previewing the cental bank’s review of its faulty oversight.
www.nytim [...]
First Citizens Scooping Up Big Chunks of Silicon Valley Bank
The Federal Deposit Insurance Corp. announced late Sunday that First Citizens Bank will acquire the deposits, loans and branches of failed Silicon Val [...]