Just a day after covering Silicon Valley Bank stock (NASDAQ: SIVB) 60% dip after it announced it was raising funds to cover a loss it made after selling securities at a loss, the SVB closure is causing shockwaves in the crypto market. The California Department of Financial Protection and Innovation (DFPI) ordered SVB to close ... Read more <p>The post SVB closure spurs a crypto crisis: Coinbase and Binance suspend USDC conversions | Invezz first appeared on CCNC.</p>

SVB closure spurs a crypto crisis: Coinbase and Binance suspend USDC conversions | Invezz