30% of YC companies exposed through SVB can’t make payroll in the next 30 days.
If you or your company are affected, I recommend that you reach out to your local congressman to get this on their radar TODAY.
— Garry Tan 陈嘉兴 (@garrytan) March 10, 2023
Stay on top of crypto news, get daily updates in your inbox.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
- Source: https://decrypt.co/123197/silicon-valley-banks-crypto-extinction-level-tech-startup-turmoil
- :is
- $UP
- 000
- 1
- 10
- 2012
- 7
- 8
- 9
- a
- Able
- abruptly
- Absolute
- Account
- Accounts
- acquired
- activity
- actually
- against
- All
- already
- always
- and
- answers
- appointed
- approximately
- arbitrum
- ARE
- around
- AS
- Assets
- At
- await
- back
- backing
- ball
- Bank
- Bank run
- Banking
- Bankruptcy
- Banks
- BE
- Bears
- because
- behind
- being
- Big
- Billion
- blow
- Bonds
- Books
- buy
- by
- california
- called
- capital
- Cash
- ceo
- Chance
- Changes
- choice
- Circle
- circulating
- clarity
- clear
- client
- clients
- Coin
- Companies
- company
- completely
- Congressman
- Connections
- conservative
- considering
- continue
- CORPORATION
- could
- Course
- crypto
- crypto companies
- crypto exchange
- crypto failure
- crypto firms
- Crypto Industry
- Crypto Market
- Crypto News
- crypto-friendly
- cryptocurrency
- customer
- Customer Funds
- Customers
- Cut
- daily
- Dark
- day
- Days
- decade
- December
- decentralized
- Decrypt
- deposit
- DEPOSIT INSURANCE
- depositors
- deposits
- Development
- Development Company
- different
- diligence
- Doesn’t
- doing
- Dollar
- dollars
- down
- draw
- during
- Earlier
- elizabeth warren
- Environment
- ethereum
- Event
- EVER
- exchange
- experience
- exposed
- external
- extinction
- Face
- facilitated
- FAIL
- Failure
- fallout
- Falls
- famous
- fdic
- Federal
- Federal Deposit Insurance Corporation
- federal reserve
- few
- field
- Figure
- File
- Filecoin
- fill
- financial
- firms
- First
- For
- For Startups
- Forte
- founders
- Friday
- from
- FTX
- fully
- funds
- get
- Go
- going
- Have
- Held
- holds
- House
- How
- How To
- HTML
- HTTPS
- i
- idea
- identified
- Illegal
- Impact
- importance
- in
- increasingly
- industry
- Infrastructure
- Innovation
- institutions
- insurance
- interest
- Interest Rates
- internal
- Interplanetary File System
- investment
- involvement
- Issuer
- IT
- ITS
- itself
- Jumped
- Keen
- Labs
- large
- larger
- largest
- Last
- latest
- lawmakers
- Led
- Level
- like
- Liquidity
- liquidity provider
- liquidity providers
- local
- Long
- long-term
- loss
- Lot
- Low
- Macro
- made
- make
- maker
- managing
- managing partner
- many
- March
- mark
- Market
- market maker
- might
- million
- minting
- Momentum
- Monday
- money
- Monitor
- Month
- Moonbeam
- more
- Morning
- moves
- NARRATIVE
- Nasdaq
- network
- news
- next
- normally
- of
- on
- ONE
- operate
- operates
- operational
- Operations
- Optimism
- Options
- Other
- Outlook
- part
- partner
- partners
- Payroll
- People
- plato
- Plato Data Intelligence
- PlatoData
- Polygon
- portfolio
- Predictable
- president
- press
- probably
- Problem
- provider
- providers
- put
- radar
- raising
- Rates
- rather
- RE
- reach
- Read
- realize
- recommend
- redemptions
- Regulators
- reinforce
- released
- report
- research
- research and development
- Reserve
- reserves
- responsibility
- rising
- Risk
- Risky
- Rolling
- Rumors
- Run
- running
- runway
- s
- Said
- Second
- secretary
- Sectors
- seeking
- seemed
- seems
- sell
- Senate
- service
- set
- settle
- severe
- shared
- Shares
- short-term
- should
- show
- signet
- significant
- Signs
- Silicon
- Silicon Valley
- Silvergate
- SILVERGATE BANK
- since
- SIX
- Slump
- Software
- some
- somewhat
- spokesperson
- started
- startup
- Startups
- State
- stems
- Step
- Stephen
- Still
- Story
- Struggling
- suspicious
- system
- Take
- tech
- tech companies
- tech startup
- tech startups
- terms
- that
- The
- their
- Them
- themselves
- three
- Through
- Ties
- time
- to
- today
- Tokens
- top
- Total
- Transactions
- transfers
- Treasuries
- treasury
- trouble
- true
- Tuesday
- u.s.
- U.S. Dollars
- U.S. Treasuries
- Updates
- USD
- USD Coin
- USDC
- USDC reserves
- Valley
- Valuations
- value
- VC
- venture
- venture capital
- View
- wait
- warren
- Way..
- Wednesday
- week
- Weeks
- WELL
- What
- whether
- which
- while
- white
- White House
- WHO
- whole
- will
- Winter
- with
- Withdrawals
- without
- wondering
- Worst
- worth
- years
- You
- Your
- zephyrnet