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Silicon Valley Bank Collapse: Relief Efforts Underway for Depositors as Multiple Sources Confirm Deposit Guarantees and Long-Term Recovery

Relief efforts are underway less than 72 hours after the collapse of prominent American tech bank Silicon Valley Bank (SVB), according to a post on Mar. 11 by Bob Elliot, a chief investment officer of Unlimited Funds. The collapse has affected prominent… 


Curve Finance Sets Record Trading Volume of Over $7 Billion in 24 Hours Amidst Depegging of USDC from the U.S. Dollar

Stablecoin swapping pool Curve Finance has hit its highest daily trading volume in history, with overĀ $7 billionĀ in the past 24 hours. The recent collapse of Silicon Valley Bank (SVB) triggered a wave of uncertainty across markets, depegging the USD Coin…