Is Silvergate Bank failing an isolated incident limited to crypto stuff? Or is it just the first in a series of bank failures as part of the recession, similar to bank failures in 2008?

VCs are being told to pull their money out of Silicon Valley Bank now too, expecting its imminent failure.

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SVB already shutdown by regulators and taken over by FDIC as of under an hour ago

Credit Suisse reported biggest annual loss in 2022 since GFC. Today they delayed their annual report following SEC request. First Republic and 3 other bank stocks were halted today.