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UBS has disclosed that the fund for the acquisition of Credit Suisse is roughly 3 billion Swiss francs, or $3.25 billion.
Finance and Business News

UBS Confirms Acquisition of Credit Suisse for $3B

Anisha -
Gold bull, Peter Schiff, claimed in a series of tweets that strict banking restrictions are a factor in the rising economic crisis. 
Finance and Business News

Peter Schiff Blames the US Government for Financial Crisis

Anisha -
BlackRock’s CEO, Larry Fink, thinks that tokenizing asset types like bonds and shares might increase capital market efficiency.
Finance and Business News

Blackrock CEO Believes Tokenizing Asset Classes Would Foster Efficiency in Capital...

Anisha -
Finance and Business News

More Banks Exposed to Similar Factors That Led to SVB Collapse

Godfrey Benjamin -
Silicon Valley Bank (SVB) Financial Group filed for Chapter 11 bankruptcy protection on Friday as regulators probed the bank's collapse.
Finance and Business News

SVB Financial Group has Filed for Chapter 11 Bankruptcy

Anisha -
Finance and Business News

Anchorage Digital Reduces its Employees by 20%

Godfrey Benjamin -
United States officials including the FDIC are making a second effort to find a buyer for the recently defunct Silicon Valley Bank.
Finance and Business News

FDIC will Hold Another Auction for Silicon Valley Bank

Anisha -
Finance and Business News

Circle CEO Promises to Resume USDC Operations on Monday

Godfrey Benjamin -
Finance and Business News

US Fed Floats Plan to Help Banks Avoid Future Liquidity Strain

Godfrey Benjamin -
SVB U.K. will “stop making payments or accepting deposits,” according to a statement made by BoE on March 10.
Finance and Business News

SVB UK Shut Down by the Bank of England

Anisha -
Finance and Business News

Bill Ackman Urges Government to Guarantee Deposits in SVB Soon

Godfrey Benjamin -
BlockFi has $227M in uninsured funds assigned to a money market mutual fund (MMMF) sponsored by the insolvent Silicon Valley Bank (SVB).
Finance and Business News

BlockFi has Uninsured $227M in Silicon Valley Bank MMMF

Anisha -
Finance and Business News

USDC Issuer Circle Reveals Exposure to Failed Silicon Valley Bank

Godfrey Benjamin -
Finance and Business News

Bakkt Holding Releases Q4 Earnings Lower than its Expectations

Godfrey Benjamin -
Marathon Digital, a bitcoin mining company, paid off its term loan and closed its financial assistance with Silvergate Bank. 
Finance and Business News

Marathon Digital Cuts Ties with Silvergate Bank

Anisha -
Finance and Business News

Silvergate is Liquidating its Assets as it Wind Down Operations

Godfrey Benjamin -
After four days of debate between Voyager and SEC, US Bankruptcy Judge Michael Wiles greenlit the Binance.US acquisition deal on March 7. 
Finance and Business News

Voyager Finally Wins the Court Approval for Binance.US Sale

Anisha -
Crypto bank Silvergate stated on March 3 that it is ending its network for exchanging digital assets, the Silvergate Exchange Network.
Finance and Business News

Silvergate Announces Closure of Exchange Network

Anisha -
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