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Crypto Shaken as SVB Risk Depegs Second-Largest Stablecoin
- linkweb3
- 2023-03-12
- 3805
- Newsletter
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Summary:(Bloomberg) -- The fallout from the failure of Silicon Valley Bank reached further into crypto, unhinging a key cog in the market that’s meant to be among the safest digital assets in the space.Most Read from BloombergStartup Bank Had a Startup Bank RunSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSVB’s Auction Block Includes VC-Focused Lender, Wealth UnitSilicon Valley Bank Swiftly Collapses After Tech Startups FleeFrom Santa Clara to Shoreditch, SVB Fallout Spreads Around W
(Bloomberg) -- The fallout from the failure of Silicon Valley Bank reached further into crypto, unhinging a key cog in the market that’s meant to be among the safest digital assets in the space.Most Read from BloombergStartup Bank Had a Startup Bank RunSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSVB’s Auction Block Includes VC-Focused Lender, Wealth UnitSilicon Valley Bank Swiftly Collapses After Tech Startups FleeFrom Santa Clara to Shoreditch, SVB Fallout Spreads Around W
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