Crypto banking giant Silvergate is no more following NYSE delisting
Before Silvergate Bank closed, Block.One founder, Brendan Blumer, Citadel, and Cathie Wood’s ARK Invest all made doomed attempts to save it.
Before Silvergate Bank closed, Block.One founder, Brendan Blumer, Citadel, and Cathie Wood’s ARK Invest all made doomed attempts to save it.
Tether is following in the footsteps of Bitfinex operator iFinex, which has previously invested in bitcoin mining efforts led by Blockstream.
Bitcoin is trading for 20% less on Binance’s Australia platform thanks to low liquidity as users offload their holdings.
Last week’s raid caused an estimated $10,000 worth of damage but thieves failed to escape with the Bitcoin ATM.
Total stablecoin market cap has fallen for 14 consecutive months and currently sits at its lowest level since September 2021.