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Silvergate Bank noted that they have initiated action to maintain the cash liquidity including the selling of debt securities and wholesale funding.Since the collapse of the crypto exchange FTX, crypto bank Silvergate Capital has come under major fire. As per the latest report, the Silvergate crypto bank has attributed $1
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The liquidators of Alameda Research have reportedly incurred at least $11.5 million in losses since taking control of Alameda's trading accounts.On Jan. 16, a Twitter thread from Arkham Intelligence reported that one wallet under the control of liquidators has seen a string of "significant losses" due to liquidations, some of
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Bitcoin (BTC) starts a new week at new 2023 highs but still dividing opinion after a blistering price rally.In what is shaping up to be the antidote to last year’s slow bleed lower, January has delivered the volatility Bitcoin bulls were hoping for — but can they sustain it?This is
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Meanwhile, crypto funds such as QCP Capital see a strong breakout above $18,000 for bitcoin as a key indicator of recovery, with the next such level being $28,000. “Despite the mini-rally, BTC is still trading in an extremely tight falling wedge – with $18,000 the key breakout level to the
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According to a Jan. 5 report published by Chinese blockchain security firm LianAn Technology, decentralized finance (DeFi) exploits across blockchains worldwide totaled $3.64 billion in 2022. This represented a rise of 47.4% compared with the loss of $2.44 billion in 2021. The incidents increased in quantity despite a steep 80%
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MATIC’s price looks to be holding up quite well in the market given current circumstances, but given how much the crypto’s price has fallen from its 2021 all-time high price, the vast majority of its holders are still nursing losses from their investments. 80% Of MATIC Investors Suffer Losses Data from the
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