Following a shakeup in the U.S. banking system over the past week, crypto exchanges and wallets gained momentum as some look for bankless alternatives. The top 10 crypto applications for exchanges and wallets have risen about 15% since Silicon Valley Bank’s stock fell 60% last week, according to a chart from real-time app data provider…
A lot has happened with SVB, and unless it’s your job to edit the news, it’s possible you missed a slice of the saga, if not the entire story. Here’s what went down. Everything you need to get caught up on the SVB crisis by Ram Iyer originally published on TechCrunch
Artifact, the new personalized news app from Instagram’s co-founders, is another startup whose funding was caught up in the Silicon Valley Bank failure, and co-founder Kevin Systrom believes there could be more trouble to come for Silicon Valley. The founder disclosed in a recent interview the team had 100% of Artifact’s funds at SVB prior…
Amid the chaos, there are rays of good news: PagerDuty and UiPath posted impressive earnings reports, and software valuations bounced off recent lows. Bummed out from the last week? Here’s some bullish news for software companies by Alex Wilhelm originally published on TechCrunch
The collapse of Silicon Valley Bank (SVB) last week sent ripples in startup ecosystems around the world, and it is emerging that millions of dollars held by African startups and venture capital funds at the bank were at stake, until the U.S. Federal Reserve acted to save the day. In the wake of the bank’s…
The collapse of Silicon Valley Bank (SVB) last week sent ripples in startup ecosystems around the world, and it is emerging that millions of dollars held by African startups and venture capital funds at the bank were at stake, until the U.S. Federal Reserve acted to save the day. In the wake of the bank’s…
Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single person, think about their work and unpack the rest. This week, Natasha interviewed Series CEO Brexton Pham, who has been building a…
The social impact of Silicon Valley Bank was ‘unparalleled.’ ‘Trust is a hard thing to earn’: SVB’s closure could disproportionately affect Black founders by Dominic-Madori Davis originally published on TechCrunch
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. Daily Crunch: Meta’s ‘year of efficiency’ continues as CEO announces plans to dismiss 10,000 more workers by Christine Hall originally published on TechCrunch
The crypto industry lost some banking on- and off-ramps due to recent banking turmoil, signaling a potential shift toward decentralization. Chaos in US banks could push crypto industry toward decentralization by Jacquelyn Melinek originally published on TechCrunch
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