Altcoin News by Thebittimes.Com

California officials recently shut down the Silicon Valley Bank (SVB). It all started when multiple concerns regarding the bank’s inability to obtain capital appeared. When the bank considered a possible sale, this shortcoming gradually became a source of anxiety. The bank has now closed as a result of the chain of events. Also read: Circle Joins Hands with Cross River Bank Post-Silicon Valley Bank Downfall The event was also considered one of the largest banking crises after the 2008 financial turmoil triggered by Lehman Brothers. The White House recently stated that the Silicon Valley Bank , “is not a bailout.” JUST IN: 🇺🇸 White House says Silicon Valley Bank $SIVB "is not a bailout." — Watcher.Guru (@WatcherGuru) March 13, 2023 Biden stated that Silicon Valley Bank will not get a government bailout President Joe Biden recently stated that SVB will not receive a government bailout. This is after the regulators seize...

The U.S. Department of Homeland Security (DHS) and the Federal Bureau of Investigation (FBI) are reportedly working closely with major social media platforms, like Facebook and Twitter, to police “disinformation.” Leaked documents further show their plans to expand censorship. Leaked Documents Reveal How Department of Homeland Security Plans to Police Disinformation Leaked documents and court records have revealed the Department of Homeland Security (DHS)’s plans “to police disinformation,” according to an article published Monday by The Intercept. The DHS “is getting involved in social media content moderation in a big way,” tweeted Ken Klippenstein, one of the two authors. The other author, Lee Fang, detailed: Docs show Facebook and Twitter closely collaborating w/ Dept of Homeland Security, FBI to police ‘disinfo.’ Plans to expand censorship on topics like withdrawal from Afghanistan, origins of Covid, info that undermines trus...