Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow

The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to reports. Final bids are due by Sunday afternoon. Unnamed sources indicate that the FDIC is seeking to close the deal promptly after California regulators closed the bank and placed it into FDIC receivership on [...]

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‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion

Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts have been pointed to. Some believe venture capitalists caused a bank run, while others [...]

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DWF Labs shifts base to Abu Dhabi to strengthen Middle East presence

DWF Labs is already a resident of Dubais Dubai Multi Commodities Centre. It wouldnt be the first crypto firm to have a presence in both emirates, however.

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Bitget Launches Web3 Fund

Bitget has launched a Web3 Fund to support venture firms and projects globally, with a focus on Asian projects solving real-world problems. Bitget plans to partner with venture capitalists and expand its products and services in 2023. (Read More)

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Crypto VCs reveal what theyre looking for in 2025

Political tailwinds in the US and anticipation of a friendlier regulatory climate are positive signs for the crypto industry.

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Venture capital's ICO gambits left Bitcoin ecosystem underfunded - Adam Back

Venture capitalists have favoured ICOs in recent years, but Bitcoin-related startups are seeing renewed interest from investors.

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