Silicon Valley
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Plug and Play Digital Asset Business to Expand to Paris
According to reports, the digital asset vertical business of the global innovation platform Plug and Play was launched in Silicon Valley in November 2022, with founding partners in
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#The Federal Reserve May Make Up for a Loophole in Covering Up Losses on Securities held by Banks in Silicon Valley
According to reports, the Wall Street Journal stated that the Federal Reserve is rethinking the loophole in covering up losses on securities held by banks in Silicon Valley; There
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Musk: Twitter has approximately 20% of its original staff size
On April 18th, Musk announced that Twitter\’s employee base was about 20% of its original size. (Golden Ten)
Musk: Twitter has approximately 20% of its original staff size
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Investigating Allegations of Debanking: Blockchain Association’s FOI Request
According to reports, the Blockchain Association has made a further request under the Freedom of Information Act (FOIA) to investigate allegations of de banking that may have impro
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Suspect arrested in the assassination case of CashApp creator, a technology entrepreneur who met Bob Lee
On April 14th, it was confirmed by San Francisco District Attorney Brooke Jenkins that the suspect in the assassination of Cash App creator Bob Lee, technology entrepreneur Nima Mo
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The Federal Reserve’s balance sheet has been shrinking for two consecutive weeks, with a total reduction of nearly $100 billion
On April 10th, according to the latest data on the Federal Reserve\’s official website, as of April 4th, the size of the Federal Reserve\’s balance sheet was $8.632 trillion, a decre
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The Federal Reserve Shrinks Its Balance Sheet for the First Time Since the Silicon Valley Bankruptcy
On April 3, according to the latest data on the official website of the Federal Reserve, as of March 28, the size of the Federal Reserve\’s balance sheet was $8706 trillion, a decre
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US regulators investigate whether the management of Silicon Valley banks and signature banks has engaged in misconduct
According to reports, the Federal Deposit Insurance Corporation (FDIC) of the United States has launched an investigation into the behavior of executives in the bankruptcy of Silic
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US Treasury Secretary Yellen: Will Carefully Investigate the Bankruptcy of Silicon Valley Banks
On March 16th, US Treasury Secretary Yellen said that banks in Silicon Valley had encountered a run, leading to liquidity problems; Silicon Valley banks have to sell assets, including treasury bond that have lost market value; What happened at the Bank of Silicon Valley will be carefully investigated. Interpretation of this information: The recent news of the run on banks in Silicon Valley has raised concern about the stability of the financial sector in the region. Reports suggest that the banks in the area have been experiencing a shortage of…
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Credit Suisse CEO: Silicon Valley Bank’s credit risk exposure is not large
According to the report, the CEO of Credit Suisse said that the credit risk exposure of banks in Silicon Valley was not large. The CEO of Credit Suisse said that the bank would cut 8% of its staff. Interpretation of this information: The statement made by the CEO of Credit Suisse regarding the credit risk exposure of banks in Silicon Valley has raised several questions. For starters, it suggests that the banks in the region are not heavily exposed to these risks, contrary to what some may have believed. This…
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Israeli Prime Minister: The government will assess the impact of the collapse of Silicon Valley banks on Israeli companies and decide whether to provide assistance
According to reports, Israeli Prime Minister Benjamin Netanyahu said that the government would assess the impact of the collapse of Silicon Valley banks on Israeli companies and decide whether to provide them with assistance, mainly in terms of cash flow. (Washington Post) Interpretation of this information: Israeli Prime Minister Benjamin Netanyahu has reportedly announced that his administration is looking to analyze the influence of the recent collapse of Silicon Valley-based banks on Israeli firms. This step could prompt Netanyahu to consider the possibility of providing financial assistance to Israeli companies…
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Billionaire Bill Ackman: Unless the government intervenes, SVB implosion is a mistake that will soon be irreparable
It is reported that Bill Ackman, a billionaire investor, believes that the US banking regulator has messed up and should pay more attention to the bank before the collapse of Silicon Valley. Ackman warned that if the government did not intervene at the weekend to guarantee the deposits of the bankrupt banks, it might have extensive and far-reaching consequences. Interpretation of this information: Bill Ackman, a billionaire investor, has expressed his concern regarding the US banking regulator’s lack of attention towards the banking system before the collapse of Silicon Valley….
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Some Silicon Valley bank depositors seek to sell deposits at a discount
On March 12, according to the Financial Times, some depositors of Silicon Valley banks are trying to sell their deposits at a large discount to raise cash. According to the data of Cherokee Acquisition, the quotation of bank deposits in Silicon Valley that are not covered by insurance is between 55% and 65% on the 10th. According to the report, for some start-ups, it is their last resort to sell their deposits at a discount in order to pay their employees’ wages. A number of VCs said that they had…
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McCarthy, the minority leader of the United States House of Representatives: The Biden government has the tools to deal with the banking problems in Silicon Valley
It is reported that McCarthy, the minority leader of the United States House of Representatives, said that the Biden government has the tools to deal with the banking problems in Silicon Valley. I hope to hear the announcement about Silicon Valley Bank today, which is attractive to any potential buyer. Interpretation of this information: The statement made by McCarthy, the minority leader of the United States House of Representatives, indicates that the Biden government has the resources and measures to tackle the banking issues plaguing the Silicon Valley region, whose…
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Members of Congress met with the Federal Reserve and the Federal Deposit Insurance Corporation to discuss the collapse of banks in Silicon Valley
It is reported that the members of the United States Congress met with the Federal Reserve and the Federal Deposit Insurance Corporation to discuss the failure of banks in Silicon Valley. Interpretation of this information: The recent meeting between the United States Congress, the Federal Reserve, and the Federal Deposit Insurance Corporation to address bank failures in Silicon Valley is an indication of serious concerns in the banking industry in the region. While Silicon Valley is known for its technological innovations and vibrant start-up culture, the meeting underscores the significant…
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Former Secretary of Finance of the United States: It is expected that the thunderstorm of the Bank of Silicon Valley will not pose a systemic risk to the financial system
On March 11, Lawrence Summers, the former US Treasury Secretary, said in an interview with Bloomberg that he believed that the thunderstorm of Silicon Valley banks would not pose a systemic risk to the financial system. Interpretation of this information: In a recent interview with Bloomberg, Lawrence Summers expressed his opinion on the nature of the current growth in Silicon Valley banks. He stated that the current trend of these non-traditional banking institutions would not pose a systemic risk to the financial system. According to Summers, these institutions may have…
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Yellen: The Ministry of Finance is monitoring several banks
According to reports, US Treasury Secretary Yellen said that the Ministry of Finance was monitoring several banks due to the bank incident in Silicon Valley. Interpretation of this information: The news that the US Treasury Secretary Yellen is monitoring several banks due to an incident in Silicon Valley has raised questions about what exactly has occurred and what implications it could have. The incident being referred to is likely the news that a number of banks in Silicon Valley, including both large and small institutions, have been experiencing a surge…