in

What does the Silvergate collapse mean for crypto?

Earlier this week, the parent company of Silvergate Bank announced plans to wind down operations and liquidate the bank. The announcement came after the crypto-friendly bank suffered $1 billion worth of losses in the last quarter of 2022 as a consequence of the collapse of crypto exchange FTX, one of Silvergate’s leading clients.

Continue Reading on Coin Telegraph


Source: Cryptocurrency - investing.com

AAVE DAO votes for ‘rescue plan’ to save lost tokens

UK’s Sunak says upcoming budget to cut debt, not taxes