Ethereum

Before Silvergate and After Silvergate

March 3, 2023 0

Of course, not everyone was upset to learn Silvergate, important for getting dollars into the crypto economy, took out this Federal Home Loan Bank. Banks are banks, after all. But few will be happy to […]

Market Analysis

Chainlink Functions Aim to Onboard Web2 Developers

March 3, 2023 0

Chainlink Functions, a serverless developer platform, aims to simplify developers’ lives. But the degens call it a “stablecoin.” The Web3 oracle Chainlink announced – Chainlink Functions, which will seamlessly allow connecting smart contracts with any […]

Crypto Bank Silvergate to Miss Goal of Offering Stablecoin This Year
Regulation

Crypto Clients Flee Silvergate Bank, Stock Falls 50%

March 3, 2023 0

On Thursday, Coinbase, Circle, Paxos, Crypto.com, Bitstamp, Cboe Digital Markets, Galaxy Digital and Gemini all announced they would suspend Automated Clearing House (ACH) transfers and other business operations with the bank, days after crypto derivatives […]

Regulation

What Now for Crypto Banking?

March 3, 2023 0

But although payment and custody services are important banking functions, they are peripheral to the business model of a traditional bank. The business model of a traditional bank is to borrow at a low interest […]