A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
53211 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
53211 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
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>"The stablecoin issuer has released a statement asserting that USDC “will remain redeemable” for US Dollars at a 1:1 ratio."
>"The stablecoin issuer has released a statement asserting that USDC “will remain redeemable” for US Dollars at a 1:1 ratio."
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"Many crypto firms, including Coinbase, Paxos, Gemini, BitStamp and Galaxy Digital, announced in March they would cut ties to the bank following an investigation into Silvergate’s alleged involvement in the collapse of FTX."
"Many crypto firms, including Coinbase, Paxos, Gemini, BitStamp and Galaxy Digital, announced in March they would cut ties to the bank following an investigation into Silvergate’s alleged involvement in the collapse of FTX."
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"After a troubled few months, Silvergate has finally given up. In an announcement yesterday, the crypto industry’s principal banking provider said it would “wind down operations and voluntarily liquidate Silvergate Bank”. _...Read More_
"After a troubled few months, Silvergate has finally given up. In an announcement yesterday, the crypto industry’s principal banking provider said it would “wind down operations and voluntarily liquidate Silvergate Bank”. _...Read More_
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>"Citing regulatory headwinds and the bear market, Silvergate Capital announced it is shuttering Silvergate Bank."
>"Citing regulatory headwinds and the bear market, Silvergate Capital announced it is shuttering Silvergate Bank."
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''So when FTX is your largest customer and you listen to FTX talk about Silvergate and say that without Silvergate they wouldn't have a business."
''So when FTX is your largest customer and you listen to FTX talk about Silvergate and say that without Silvergate they wouldn't have a business."
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>"Reports of a new Department of Justice probe come during a renewed push by regulators to clamp down on the crypto industry."
>"Reports of a new Department of Justice probe come during a renewed push by regulators to clamp down on the crypto industry."
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>"The comment came after the bank reported earnings that beat estimates, sending its shares up 13%."
>"The comment came after the bank reported earnings that beat estimates, sending its shares up 13%."
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>"The investment bank also sees headwinds for Coinbase and Silvergate Capital to show up in first quarter _...Read More_
>"The investment bank also sees headwinds for Coinbase and Silvergate Capital to show up in first quarter _...Read More_
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>"In its sale announcement, Diem made a “Trumpian” comment about a U.S. regulator praising its design. Here’s why that’s significant."
>"In its sale announcement, Diem made a “Trumpian” comment about a U.S. regulator praising its design. Here’s why that’s significant."
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>"The star-crossed project had been in discussions with investment bankers to sell its key assets and return money to investors."
>"The star-crossed project had been in discussions with investment bankers to sell its key assets and return money to investors."
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"Marathon Digital Holdings, a United States-based crypto mining company, has secured a $100 million revolving line of credit with Silvergate Bank using USD and Bitcoin."
"Marathon Digital Holdings, a United States-based crypto mining company, has secured a $100 million revolving line of credit with Silvergate Bank using USD and Bitcoin."
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"Morgan Stanley gave an "overweight" rating to stock in Silvergate, which provides commercial banking and lending services to crypto firms."
"Morgan Stanley gave an "overweight" rating to stock in Silvergate, which provides commercial banking and lending services to crypto firms."
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"Getting a full picture of the players involved has required piecing together various announcements and arguably has not been _...Read More_
"Getting a full picture of the players involved has required piecing together various announcements and arguably has not been _...Read More_
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Silvergate Bank, a major financial institution partnered with crypto exchanges ranging from Kraken to Coinbase, recently cut _...Read More_
Silvergate Bank, a major financial institution partnered with crypto exchanges ranging from Kraken to Coinbase, recently cut _...Read More_
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Signature's $10 billion in deposits from crypto businesses is now double that of rival Silvergate.
Signature's $10 billion in deposits from crypto businesses is now double that of rival Silvergate.