In the face of the risk of some central banks in the U.S. collapsing (Silvergate, Silicon Valley Bank, or most…
The collapse of Silvergate and Silicon Valley Bank has thrown the banking industry into crisis, potentially impacting stablecoins. Proposed changes…
Silvergate Bank's said it would "voluntarily liquidate" the bank's assets depositors and scale down operations.
Key Points: Dapper Labs removed the ACH withdrawal option because its payment partner Circle has discontinued the service. Bank transfers…
Key Points: BCB Group, a UK-based payments processor for crypto companies, is launching a BLINC dollar component to fill the…
Key Points: Circle made the announcement that it will be transferring a little amount of USDC reserve deposits held by…
Key Points: Citadel Securities is said to be considering bailing out the troubled bank Silvergate. Citadel will likely pour more…
Key Points: Silvergate Capital Corp has suspended Silvergate Exchange Network (SEN) services. The bank, which cautioned this week about its…
Key Points: Silvergate Capital ($SI) experienced a significant decline of 58% in its stock value today. A group of new…
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