Bitcoin rallies over 18% in 24-hour span in wake of SVB crisis

The value of major cryptocurrencies rose Monday in the wake of U.S. government plans to protect Silicon Valley Bank and Signature Bank depositors. The Federal Reserve issued a pair... Read more »

Rivian in talks with Amazon to remove exclusivity clause of EV van agreement

Rivian is in discussions with Amazon to dissolve the exclusivity piece of their commercial EV van deal, the WSJ reported this morning, citing unnamed sources. If successful, Rivian would... Read more »

Etsy begins processing seller payments via alternative partners after delays caused by SVB implosion

Etsy is starting to process seller payments via its other payment partners this morning following the collapse of Silicon Valley Bank, the company confirmed to TechCrunch. On Friday, the... Read more »

First Republic Bank shares plunge, prompting trading halt as startups process SVB crash

Shares of First Republic Bank fell sharply in early trading this morning, which caused trades of the company to be paused due to volatility, implying investor discomfort with the... Read more »

Hackers steal around $200 million from crypto lender Euler Finance

On Monday, the blockchain monitoring firm PeckShield sent an ominous tweet directed at the crypto lending platform Euler Finance, simply saying: “Hi […] you may want to take a... Read more »

As the SVB dust begins to settle, what’s ahead for startups, VCs, and the banking industry?

The public and private markets are busy digesting a frenetic weekend kicked off by the failure of Silicon Valley Bank late last week. After a run on SVB, an... Read more »

SVB Financial is looking for a buyer for SVB Securities and its SVB Capital VC division

Frenetic buyer interest in SVB Bank may have cooled a little this morning after the U.S. government announced a backstop, with existing deposits covered while SVB Bank remains under... Read more »

Life360, Sezzle, Unity and AppLovin disclose exposure to SVB in new statements

Though the Federal Reserve stated on Sunday that Silicon Valley Bank’s depositors, both uninsured and insured, will be made whole, several more tech firms disclosed their exposure to SVB... Read more »

Here’s how to stream March Madness 2023

We hope you’ve filled out your brackets by now because the madness is officially here. Last night kicked off NCAA Selection Sunday, where the full March Madness schedules were... Read more »

Netflix nabs six Oscar wins, including ‘All Quiet on the Western Front’

Although A24’s “Everything Everywhere All at Once” stole the show this year with seven Oscar wins, Netflix was close behind with six wins thanks to the German war movie... Read more »
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