Fears over Silvergate, $8B hole at FTX, senators seek Binance’s numbers: Hodler’s Digest, Feb. 26 – March 4
Delay in Silvergate’s financials sparks fears over bankruptcy, FTX reports $8.6B deficit and Binance’s balance sheet sought by U.S. senators.
Silvergate closes Exchange Network, releases $9.9M to BlockFi
Crypto bank Silvergate announced on March 3 that it is discontinuing its digital assets' payment network, claiming the termination is a "risk-based decision". The move...
Circle moves its USDC reserve deposits out of troubled Silvergate Bank
Silvergate bank in a filing on Wednesday said losses might leave it with less capital than it needs. The bank recently closed its SEN Platform...
Bitcoin price would retest $25K without Silvergate saga — analysis
Bitcoin (BTC) stayed lower into the weekend as ongoing problems at Silvergate bank pressured markets.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBad news holds Bitcoin backData...
India explores offline functionality of CBDCs: RBI executive director
India’s recently launched in-house central bank digital currency (CBDC), the e-rupi, is now being tested for offline functionality, revealed Ajay Kumar Choudhary, Executive Director at the...
Tether and City of Lugano launch Plan Business Hub celebrating Plan’s anniversary
The Plan Initiative was launched on March 03, 2022. The main objective of the Plan was to scale Lugano’s blockchain capabilities. Tether and the City...