March 8, 2023 Crypto-focused Silvergate Bank to shut down operations Silvergate Bank decides to liquidate its assets and close shop The bank claims it will make full repayment on deposits The cryptocurrency market sees…
March 8, 2023 DeFiChain Set To Sponsor The National Fighting Championship In Germany DeFiChain, a leading blockchain on the Bitcoin network, is elated to announce it will be sponsoring the National Fighting Championship (NFC). According to the…
March 8, 2023 Massive Gaming Launches Web3-Based Game, House Of Slots Massive Gaming, a blockchain-based gaming platform, recently announced the successful launch of its House of Slots game. Launched on March 6, House of Slots…
March 8, 2023 Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention to wind down the crypto-friendly bank’s operations and voluntarily liquidate the company’s assets. The…
March 8, 2023 Assessing the far-reaching effects of Compound III’s deployment on Polygon Polygon integration may positively impact Compound Finance’s TVL, despite some limitations COMP holders have reduced a significant portion of their asset holdings DeFi lending…
March 8, 2023 FCA officials tell UK parliamentary committee crypto regulation is unavoidable The CEO and chairman of the UK’s financial regulator took a grim tone as they discussed crypto regulation, but conceded that they’re the ones…
March 8, 2023 Silvergate Bank will halt operations and liquidate assets Silvergate Bank will wind down and see its assets liquidated, according to a March 8 press release from holdings company Silvergate Capital. Silvergate said…
March 8, 2023 Silvergate Capital Corporation will ‘voluntarily liquidate’ Silvergate Bank The company claimed that the bank’s voluntary liquidation is its best path forward due to recent industry and regulatory developments. The parent company of…
March 8, 2023 Coinbase Unveils “Wallet as A Service” To Drive Mass Web3 Adoption Coinbase, the largest cryptocurrency exchange in the U.S., has unveiled “Wallet as a Service” (WaaS) – a new wallet that seeks to onboard institutions…
March 8, 2023 CFTC chair Rostin Benham deems Ethereum, stablecoins to be commodities CFTC chair Rostin Benham said that various digital assets, including Ethereum and stablecoins, are commodities during a senate hearing on March 8. Rostin Benham…