Cryptoverse: Bitcoin successfully passes banking crisis stress test
Infamously volatile cryptocurrency seems strong, just as a banking meltdown drives markets into recession
Source: geo.tv
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Cryptocurrencies: Silvergate Capital exodus worsens after bank questions its own survival
The bank’s shaky status is poised to vindicate regulators and potentially make mainstream banks all the more reluctant to work with crypto ventures.
Source: afr.com
Silvergate's Big Crypto Feed Dispels Watchdogs' Worst Fears
(Bloomberg) -- For months, U.S. officials have raced to sever ties between banks and risky crypto ventures, fearing the financial system could one day
Source: ganderbeacon.ca
Silvergate's big crypto losses feed watchdogs' worst fears
FOR months, US authorities have been racing to sever ties between banks and risky crypto ventures, worried the financial system could someday suffer serious losses. They may have been too late. In the starkest warning yet by a US bank catering to the sector, Silvergate Capital Corp. said Wednesday it…
Source: businessmirror.com.ph
US crypto staking crackdown a 'huge gift' for DeFi services
Decentralised finance apps may benefit from the US Securities and Exchange Commission’s crackdown on crypto staking services — if they avoid a similar clampdown.
Source: techcentral.co.za