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Silvergate Bites The Dust, Down 35% As Crypto-Friendly Bank Ceases Operations

Silvergate Capital Corporation, the holding company for crypto-friendly Silvergate Bank, announced on Wednesday its decision to cease operations and voluntarily liquidate its bank.   Shares of Silvergate (SI) have taken a significant hit, trading down over 35% on the Nasdaq in the last seven days, in light of the recent regulatory approach by authorities to the industry. дальше »

2023-3-9 02:03


Australia’s Central Bank Selects CBDC Use Cases As It Prepares For Pilot Study

The Reserve Bank of Australia (RBA) published a report on Wednesday outlining its selected use case proposals of a central bank digital currency (CBDC) alongside their respective providers. This report serves as a follow-up to a collaborative research project with the Digital Finance Cooperative Research Centre (DFCRC), exploring the possible use cases of a CBDC […] дальше »

2023-3-2 12:03


MetaMask Expands L2 Network Support, Adds Optimism And Arbitrum

The flagship hot wallet, MetaMask, is adding network and bridge support for two new major networks this week, according to an official announcement on Wednesday. Optimism and Arbitrum, two growing networks in the crypto ecosystem, are now supported on MetaMask – bringing the signature browser wallet’s bridging network count up to six in total. The […] дальше »

2023-2-23 22:41


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Coinbase Supports SEC’s Proposed Crypto Custody Rules, But Not Everyone Is Happy

The U.S. Securities and Exchange Commission (SEC) has proposed introducing rules to address how investment advisers safeguard client crypto assets. According to a Wednesday statement, the SEC plans to ask Congress to broaden its oversight mandate under the current investment adviser custody rule beyond client funds and securities to include “any client assets”. This means […] дальше »

2023-2-18 23:47


Crypto Market Still Reeling As Bitcoin’s Break Above $24,000 Triggers Liquidations

On Wednesday, the crypto market received favorable news in form of the FOMC announcement and the price of Bitcoin eventually broke above $24,000. With the Fed turning dovish after being hawkish all through 2022, it has been a beacon for the crypto market to rally and the liquidations have ramped up as the market took advantage of this. дальше »

2023-2-2 16:00