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Crypto RLY -48.15%

CryptoSlate Wrapped Daily: Coinbase cuts ties with Silvergate; other firms join exodus

Coinbase was among the first companies to halt Silvergate Bank transfers today. Various other companies including Circle, Gemini, Crypto.com, and Bitstamp followed suit. These and other stories in today's edition of CryptoSlate Wrapped.

Mike Dalton 5 min read 4 years ago

Banking

Gemini, Crypto.com, Bitstamp, MicroStrategy distance themselves from Silvergate

Three exchanges have blocked transfers; Microstrategy has claimed minimal exposure.

2 min read 4 years ago

Web3 NEAR +7.04%

NEAR to transform into Blockchain Operating System

The announcement marks a significant move towards NEAR's vision of Web3, a move towards a common layer blockchain.

2 min read 4 years ago

Tokenization GMT -0.44%

Top crypto sector ‘move-to-earn’ is up 6% today, why?

Interest in STEPN's GMT token appear to have positively impacted the market cap of move-to-earn tokens over the last 24 hours.

3 min read 4 years ago

Stablecoins USDT +0.01%

Tether has no exposure to Silvergate, says CTO Paolo Ardoino

The news comes after the distressed crypto bank's ties with the USDC stablecoin are coming under increased scrutiny.

2 min read 4 years ago

Tokenization

RLY surges over 80% in a day as project team shares treasury holdings, future plans

The Rally token recorded an 83.73% increase in the last 24 hours, surging from $0.0149 to as high as $0.0313.

2 min read 4 years ago

Stablecoins USDC -0.01%

Circle says it is ‘sensitive’ to concerns around Silvergate as share prices crash

"We are sensitive to the concerns around Silvergate and are in the process of unwinding certain services with them and notifying customers."

2 min read 4 years ago

Regulation BTC -0.46%

Gensler says crypto trading, lending platforms not fit for custody; suggests adoption of new safeguarding rule

Gensler calls for new rules to prevent crypto exchages from acting as custodians.

2 min read 4 years ago

CBDCs

Australian central bank launches project to explore CBDC use cases

The Reserve Bank of Australia intends to analyze 14 different CBDC use cases in collaboration with multiple banks and the Digital Finance Cooperative Research Centre.

2 min read 4 years ago