silicon valley bank
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Tech News
USDC Issuer Circle Says Executive’s Twitter Giveaway Offer Was Scam, Account Was Hacked
Stablecoin USDC’s issuer Circle said its chief strategy officer’s Twitter account was hacked on Wednesday, after the account posted a…
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TCS, Infosys Have Highest Exposure to US Regional Banks, Says JP Morgan After SVB Collapse
Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United…
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Tech News
Indian Startups Have Deposits of About $1 Billion in Silicon Valley Bank: MoS IT Rajeev Chandrasekhar
Indian startups had deposits worth about $1 billion (roughly Rs. 8,250 crore) with embattled Silicon Valley Bank and the country’s…
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Tech News
USDC Investors Pulled $3 Billion From Stablecoin in Three Days, Circle Says
Crypto investors pulled around $3 billion (roughly Rs. 24,840 crore) overall from the stablecoin USDC in three days, the company…
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India’s SVC Bank Clarifies Its Business is Safe as Some Confuse it With Collapsed SVB
India’s 116-year-old SVC bank was compelled to issue an official clarification regarding the status of its business after confused customers…
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Crypto Bank Anchorage Digital Lays Off 20 Percent of Its Staff Amid Shutdowns, Looming Uncertainties
Anchorage Digital has decided to trim its staff, adding another incident to the streak of fateful events that have shaken…
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Tech News
Silicon Valley Bank Resolution Will Bring Relief to Startups in Aftermath of Collapse: Ashwini Vaishnaw
Amid US administration’s move to backstop collapsed Silicon Valley Bank’s (SVB) despoits, IT minister Ashwini Vaishnaw has said the developments…
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Crypto Players Left in Lurch as Signature Bank, SVB, Silvergate Collapses Shake Up Financial Market
Crypto firms such as Coinbase and Paxos among others now stare at weeks of market re-shuffle and volatility after two…
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Tech News
MoS IT Rajeev Chandrasekhar to Meet Indian Startups to Assess Impact of Silicon Valley Bank’s Collapse
India’s state minister for technology said on Sunday he will meet start-ups this week to assess the impact on them…
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