* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, July 25, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

    Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

    AP Entertainment SummaryBrief at 1:51 p.m. EDT – Channel 3000

    Entertainment Highlights: Key Updates You Can’t Miss

    ‘Devil Wears Prada 2’ casts Anne Hathaway’s love interest replacing Adrian Grenier’s Nate – Entertainment Weekly

    Devil Wears Prada 2′ Casts New Love Interest for Anne Hathaway, Replacing Adrian Grenier’s Nate

    12 ‘Late Show’ Moments Proving Stephen Colbert Can’t Be Replaced – The Mountaineer

    12 Unforgettable ‘Late Show’ Moments That Prove Stephen Colbert Is Truly One of a Kind

    Canes owner Tom Dundon’s real estate firm eyes entertainment complex near RDU – The Business Journals

    Canes Owner Tom Dundon’s Real Estate Firm Unveils Plans for Thrilling New Entertainment Complex Near RDU

    Inspired Entertainment, Inc.’s (NASDAQ:INSE) Price Is Right But Growth Is Lacking After Shares Rocket 29% – simplywall.st

    Inspired Entertainment Soars 29% but Growth Momentum Falls Short

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Behind the Screens: The Impact of Technology on Real Estate – TRREB

    Behind the Screens: How Technology is Transforming the Future of Real Estate

    Sustainserv and Palau Announce Technology Partnership to Leverage Innovative AI Platform to Advance Sustainability Reporting – Business Wire

    Sustainserv and Palau Team Up to Transform Sustainability Reporting with Breakthrough AI Technology

    Morgan Adamski Joins PwC in Newly Created Cyber, Data & Technology Risk Division – HSToday

    Morgan Adamski Leads the Charge in PwC’s Cutting-Edge Cyber, Data & Technology Risk Division

    Transformative technology, support for food entrepreneurs spotlighted – University of Hawaii System

    How Cutting-Edge Technology and Strong Support Are Revolutionizing Food Entrepreneurs’ Success

    Cold Weather Alloy Opens New Possibilities for Space Technology – Universe Today

    Revolutionary Cold Weather Alloy Unlocks New Frontiers in Space Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

    Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

    AP Entertainment SummaryBrief at 1:51 p.m. EDT – Channel 3000

    Entertainment Highlights: Key Updates You Can’t Miss

    ‘Devil Wears Prada 2’ casts Anne Hathaway’s love interest replacing Adrian Grenier’s Nate – Entertainment Weekly

    Devil Wears Prada 2′ Casts New Love Interest for Anne Hathaway, Replacing Adrian Grenier’s Nate

    12 ‘Late Show’ Moments Proving Stephen Colbert Can’t Be Replaced – The Mountaineer

    12 Unforgettable ‘Late Show’ Moments That Prove Stephen Colbert Is Truly One of a Kind

    Canes owner Tom Dundon’s real estate firm eyes entertainment complex near RDU – The Business Journals

    Canes Owner Tom Dundon’s Real Estate Firm Unveils Plans for Thrilling New Entertainment Complex Near RDU

    Inspired Entertainment, Inc.’s (NASDAQ:INSE) Price Is Right But Growth Is Lacking After Shares Rocket 29% – simplywall.st

    Inspired Entertainment Soars 29% but Growth Momentum Falls Short

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Behind the Screens: The Impact of Technology on Real Estate – TRREB

    Behind the Screens: How Technology is Transforming the Future of Real Estate

    Sustainserv and Palau Announce Technology Partnership to Leverage Innovative AI Platform to Advance Sustainability Reporting – Business Wire

    Sustainserv and Palau Team Up to Transform Sustainability Reporting with Breakthrough AI Technology

    Morgan Adamski Joins PwC in Newly Created Cyber, Data & Technology Risk Division – HSToday

    Morgan Adamski Leads the Charge in PwC’s Cutting-Edge Cyber, Data & Technology Risk Division

    Transformative technology, support for food entrepreneurs spotlighted – University of Hawaii System

    How Cutting-Edge Technology and Strong Support Are Revolutionizing Food Entrepreneurs’ Success

    Cold Weather Alloy Opens New Possibilities for Space Technology – Universe Today

    Revolutionary Cold Weather Alloy Unlocks New Frontiers in Space Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

FDIC Documents Reveal Circle And Sequoia As SVB’s Top Depositors

June 23, 2023
in Business
FDIC Documents Reveal Circle And Sequoia As SVB’s Top Depositors
Share on FacebookShare on Twitter

Documents released by the FDIC revealed the top depositors at the failed Silicon Valley Bank. Venture capital giant Sequoia and stablecoin issuer Circle were among SVB’s top depositors. The FDIC went past its $250,000 deposit insurance and provided covers of up to $1 billion for the bank’s top clients. The latest revelations came after the regulator mistakenly released unredacted documents related to SVB’s collapse. 

Documents from the Federal Deposit Insurance Corporation (FDIC) have revealed the identities of the top depositors at Silicon Valley Bank, the ill-fated crypto-friendly bank that was shut down by the California Department of Financial Protection and Innovation (DFPI) in March this year following liquidity and solvency concerns.

FDIC Provided $1 Billion Backstop To Sequoia Capital

According to a report by Bloomberg, documents from the Federal Deposit Insurance Corporation showed that venture capital giant Sequoia Capital and stablecoin issuer Circle Internet Financial were among the top depositors at Silicon Valley Bank. Other high-profile clients in the failed bank’s top 10 list included Chinese tech firm Kanzhun, Altos Labs, Marqueta Inc, and Roku Inc. USDC issuer Circle was the largest depositor, with an exposure of over $3.3 billion. Sequoia held over $1 billion with the failed lender. 

The FDIC, which only insures deposits up to $250,000, decided to guarantee accounts over $250,000 when SVB was shut down by regulators. Interestingly, the regulator covered Sequoia’s $1 billion deposit with the failed bank. Kanzhun Ltd, which had a deposit of $902 million, also got a backstop for more than $900 million from the banking regulator. According to Bloomberg, the insurance to the deposits of high-profile SVB clients prevented a “catastrophic blow” to the tech and crypto sectors. However, the FDIC provided excessive insurance to high-profile clients that were “in no real danger”. 

The identities of Silicon Valley Bank’s top depositors were revealed after the FDIC accidentally released an unredacted document related to the bank’s collapse. The document was released in response to a Bloomberg News Freedom of Information Act request by the media house.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : EthereumWorldNews – https://en.ethereumworldnews.com/fdic-circle-sequoia-svb-top-depositors/

Tags: businessDocumentsReveal
Previous Post

SEC To BlockFi In $50 Million Settlement Saga – Pay Debtors First

Next Post

How is SoundCloud’s Experiment with “Fan-Powered Royalties” Going?

AdvaMed in Action: Digital Health in the Spotlight at The MedTech Conference 2025 – AdvaMed® – Advanced Medical Technology Association®

Digital Health Takes Center Stage at The MedTech Conference 2025

July 25, 2025
Netanyahu, weighing in on New York mayoral race, rips Mamdani’s proposals as ‘stupid’ – CNN

Netanyahu, weighing in on New York mayoral race, rips Mamdani’s proposals as ‘stupid’ – CNN

July 25, 2025
Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

July 24, 2025
The year of the women’s-sports bar – The Economist

The year of the women’s-sports bar – The Economist

July 24, 2025
Threat reduction must be coupled with targeted recovery programmes to conserve global bird diversity – Nature

Threat reduction must be coupled with targeted recovery programmes to conserve global bird diversity – Nature

July 24, 2025
Three Recent Texas Science Graduates Receive Fulbright U.S. Student Awards – College of Natural Sciences

Three Texas Science Graduates Honored with Prestigious Fulbright U.S. Student Awards

July 24, 2025
An Extra Sense May Connect Gut Bacteria With Our Brain – ScienceAlert

An Extra Sense May Connect Gut Bacteria With Our Brain – ScienceAlert

July 24, 2025
Nutrition and lifestyle hold the key to overcoming obesity risk – The Hans India

Unlock the Secret to Beating Obesity: How Nutrition and Lifestyle Transform Your Health

July 24, 2025
He ‘found his place in the world’ through football. Then came 15 years of suffering – The New York Times

From Football Dreams to 15 Years of Unyielding Struggle: One Man’s Journey to Finding His Place in the World

July 24, 2025
How Nuclear Fusion Could Revive This State’s Startup Economy – Inc.com

How Nuclear Fusion Could Spark a Revival in This State’s Startup Scene

July 24, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (737)
  • Economy (760)
  • Entertainment (21,642)
  • General (16,082)
  • Health (9,799)
  • Lifestyle (768)
  • News (22,149)
  • People (762)
  • Politics (770)
  • Science (15,976)
  • Sports (21,258)
  • Technology (15,743)
  • World (743)

Recent News

AdvaMed in Action: Digital Health in the Spotlight at The MedTech Conference 2025 – AdvaMed® – Advanced Medical Technology Association®

Digital Health Takes Center Stage at The MedTech Conference 2025

July 25, 2025
Netanyahu, weighing in on New York mayoral race, rips Mamdani’s proposals as ‘stupid’ – CNN

Netanyahu, weighing in on New York mayoral race, rips Mamdani’s proposals as ‘stupid’ – CNN

July 25, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version