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

  • Posted on March 13, 2023

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 financial institution despite

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  • Posted on March 13, 2023

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 look.” What the firm was suggesting

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  • Posted on March 13, 2023

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 institution where a great many venture capitalists and

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  • Posted on March 13, 2023

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 the control of the FDIC. But in

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  • Posted on March 13, 2023

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 over the weekend. Among

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  • Posted on March 13, 2023

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 of statements on Sunday with one

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  • Posted on March 13, 2023

123 Baby Box delivers for parents seeking children’s products without the hassle

The internet is a big place, and there are millions of recommendations for products tailored to babies. So how do you find the right products? And why would you trust a 20-something person with no children to help

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  • Posted on March 13, 2023

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 “All Quiet on the Western Front” (4), an

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  • Posted on March 13, 2023

Hear from Sequoia Capital and Kleiner Perkins this week on TechCrunch Live

You’re not going to want to miss this week’s TechCrunch Live events. The startup industry is experiencing unprecedented headwinds, and we want to talk about it. There are two events scheduled, and we’re working on

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  • Posted on March 13, 2023

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 finalized for the NCAA men’s and

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