CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

silicon valley

Conceptual business illustration of risk zone metaphor with businessman silhouette standing like between a rock and a hard place. Minimalistic vector illustration

Consensus Magazine

This Crisis Will Define the Future of Money

The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion, the echoes of crises in 2008 and 2013 are loud.

By Michael J. Casey

Mar 17, 2023 at 6:11 p.m. UTC

Mar 17, 2023

CDCROP: OpenSea Mobile Smartphone NFT (Unsplash)

Web3

Nft

SVB Collapse Tanked NFT Trading Volumes, DappRadar Report Suggests

The day after Silicon Valley Bank collapsed, the number of active NFT traders dropped to its lowest point since November 2021.

By Cam Thompson

Mar 16, 2023 at 6:28 p.m. UTC

Mar 16, 2023

NFTMoonbirdsDappRadarYuga LabsSilicon Valley

Finance

Silvergate bank

Crypto Must Do Better to Be Banked, Say Industry Executives

The downfall of Silvergate, Signature and Silicon Valley banks have wounded digital assets. But crypto might one day work with big banks if the industry can mature, WAX CEO William Quigley and Maicon CEO Alex Liu suggested.

By Sam Reynolds

Mar 15, 2023 at 2:14 a.m. UTC

Mar 15, 2023

Silvergate BankSilvergateSignature BankSilicon ValleySilicon valley bankBinanceTaiwan

Podcasts

4 Potential Winners of the Silvergate Unwind

On today’s show we’re taking a look at how the collapse of crypto's most visible bank could be an opportunity for stablecoins and other financial-services providers, courtesy of Daniel Kuhn, CoinDesk deputy managing editor for features and opinion.

By Adam B. Levine Adrian Blust

Mar 11, 2023 at 11:08 a.m. UTC

Mar 11, 2023

PodcastsMarkets DailySilvergateSvb financialSilicon ValleySilicon valley bankBank RunStablecoins

Podcasts

Crypto Update | Silicon Valley Bank Collapse, Regulatory Scrutiny and Contagion

With crypto markets bleeding in the wake of the collapse of Silicon Valley Bank, plus a big picture look at what this means for the future of crypto, CoinDesk’s “Markets Daily” is back with its latest news roundup.

By Adam B. Levine Adrian Blust

Mar 10, 2023 at 6:07 p.m. UTC

Mar 10, 2023

PodcastsMarkets DailySvb financialSilicon ValleySilicon valley bankBank Run