The new rules of venture debt are already being written

Venture debt, in many ways, used to be an afterthought. But in the post-SVB world, raising this kind of debt is going to look very different.

The new rules of venture debt are already being written by Rebecca Szkutak originally published on TechCrunch

SVB former CEO ties collapse to rumors, Fed Reserve’s interest rate hike

Silicon Valley Bank former CEO Greg Becker blamed the bank’s failure on an unprecedented bank run following rumors about the bank and the Federal Reserve’s interest rate hikes. In a May 16 testimony before the US Senate Banking Committee, the former bank executive claimed that social media fueled the bank run — adding that no financial […]

The post SVB former CEO ties collapse to rumors, Fed Reserve’s interest rate hike appeared first on CryptoSlate.

Digital asset exposure cited in GAO investigation of Signature Bank implosion

According to Michael Clements, the U.S. Government Accountability Office (GAO) is reviewing “large deposits from the digital asset space” to determine if cryptocurrency played a role in Signature Bank’s collapse.