FDIC bidding for Silicon Valley Bank is in progress: Report
The FDIC has reportedly started an auction process on late Saturday for Silicon Valley Bank. Bids are open for just a few hours. Go to Source Powered by WPeMatico
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UK regulators moving “at pace” to deliver a plan for tech firms hurt by SVB collapse
An emergency plan to rescue startups and tech companies affected by the Silicon Valley Bank collapse is underway in the United Kingdom. Go to Source Powered by WPeMatico
Over 100 VCs, investors voice solidarity with Silicon Valley Bank
Approximately 125 VCs and investors signed a statement supporting Silicon Valley Bank as a way to limit the fallout of the bank’s collapse and subsequent extinction of tech companies. Go to Source Powered by WPeMatico
CoinGecko reveals the US state most interested in Bitcoin and Ethereum
Behind this western U.S. state, Illinois and New York were the next states most interested in the two major cryptocurrencies. Go to Source Powered by WPeMatico
‘Pig slaughtering’ crypto scams reap millions on Silicon Valley dating apps
“I never thought it could happen to me because I use tech. I’ve written software,” a victim of the pig slaughtering scam noted. Go to Source Powered by WPeMatico
Netscape creator says Web3 really is like the rise of the early internet
Billionaire tech entrepreneur Marc Andreessen says that the current proliferation of Web3 and blockchain technology looks just like the internet in the late 1990s. Go to Source Powered by WPeMatico
Crypto advocate mounts challenge to longtime Silicon Valley Congresswoman
Greg Tanaka is an entrepreneur and DeFi developer who wants to make crypto a legal tender. Go to Source Powered by WPeMatico
Andreessen Horowitz aims to raise $4.5 billion to invest in crypto funds
Last week, A16z reportedly said it would raise $3.5 billion for its VC fund, as well as another $1 billion for web3 seed investments. Go to Source Powered by WPeMatico
Actress Gwyneth Paltrow Invests in Bitcoin Mining Operation Terawulf
The American actress and businesswoman Gwyneth Paltrow has participated in an investment round involving the bitcoin mining operation Terawulf. According to reports, Paltrow and a group of investors made a “substantial, 8-digit equity investment” in the company. Paltrow is well known for her involvement with cryptocurrencies and joined the crypto firm Abra in 2017 as … Read more
Apple seeks to hire ‘alternative payments’ manager with crypto experience
“The Apple Wallets, Payments, and Commerce (WPC) team is seeking an experienced Business Development Manager to lead Alternative Payments Partnerships,” the job post reads. Go to Source Powered by WPeMatico
