Silvergate Uncertainties May Put TradFi Heavy Hitters’ Stakes in Jeopardy
Silvergate shares have tumbled 29% in after hours trading on Wednesday as the crypto-friendly lender raised a “going concern” issue in a regulatory filing.
Finance
Silvergate Loses a Bull as KBW Analyst Downgrades on Limited Visibility
Shares in the crypto-friendly lender are down about 90% over the past year.
Crypto Custodian Finoa Gets License Approvals From German Regulator BaFin
Finoa founders Chris May (left) and Henrik Gebbing (Finoa)
Bitcoin Core Developer Luke Dashjr Calls Out Unauthorized Ordinal NFT With His Name
The auction for the ordinal was being hosted at Scarce.City, a new ordinal marketplace.
Authorities in France Arrest Duo Involved in Platypus Exploit
Flash loan exploit drained protocol of over $9 million in assets and knocked Platypus USD (USP) off its peg.
Solana Validators to Make Second Restart Attempt as Transaction Freeze Drags On
Solana’s offices in New York City (Danny Nelson)
Oasis Exploits Its Own Wallet Software to Seize Crypto Stolen in Wormhole Hack
The High Court of England and Wales ordered the crypto platform to reclaim the stolen funds.
Tokenization and the Future of Crypto
Pedro Palandrani of Global X discusses where KKR, Starbucks and others are going with the tokenization movement.
Crypto Diversification Is Back in 2023
Bitcoin can be viewed as protection from inept central banks (and, yes, a tool for speculation, too).