Market Analysis

Silvergate to shut down crypto bank, shares fall 50%

March 9, 2023 0

Silvergate shares fell sharply after news the crypto-friendly bank would be winding down operations. The company says it will issue full repayments of all customer deposits. Silvergate has been in trouble since late 2022 following […]

Bitcoin

Silvergate Shutters in Latest Blow to Crypto

March 9, 2023 0

The collapse of Silvergate Bank is dragging down bitcoin volume. CryptoQuant data shows that transfer volume, denominated in BTC, is down 35% over the last 24 hours. At the same time, the total number of […]

Moody’s to Introduce Scoring System for Stablecoins
Market Analysis

Stablecoin System Based on Swaps Proposed by BitMEX’s Hayes

March 9, 2023 0

BitMEX Co-founder Arthur Hayes promoted a stablecoin mechanism in his blog post, stressing that the sector doesn’t have a centralization problem. Arthur Hayes, a frequent commentator on the cryptocurrency industry, explained the need for stablecoins […]