Bailout

U.S. Treasury Secretary Janet Yellen has ruled out a government bailout of the collapsed Silicon Valley Bank (SVB), which was shut down by regulators on Friday. Yellen explained that the reforms put in place after the 2008 financial…

Yellen sought to ease concerns that the bank’s collapse could lead to a domino effect.

FTX crypto exchange announced on Friday that its plans to give Voyager Digital’s customers access to some of their funds. According to a joint proposal between FTX and Alameda Ventures, a trading firm founded by Bankman-Fried, Voyager…