Crypto Bank Silvergate to Shut Down, Repay Deposits
The California lender, one of the crypto market’s top banks, said it would wind down and return all deposits following a run that forced it to sell off assets at a steep loss to cover billions of dollars of withdrawals.
#fintech #silvergate #bank #banking #finance #defi #web3 #crypto #crytpocurrency
https://www.wsj.com/articles/crypto-bank-silvergate-to-shut-down-repay-deposits-4bc2a469
@mjharmon
Added to OP.
It is tricky to get information on the #age encryption scheme because search engine returns indicate they think you are searching on schemes to validate 18+ content and others think you are into #crytpocurrency scams, which is not what you meant by #crypto.
Here is another link that goes straight to it:
"the mechanics of how age builds up a shared secret between U and V, without either of those parties having previously exchanged any secret information"
Which is fascinating, like a magic trick but real.
BTW thanks for the hit because I checked your TL and learned about #CyberMentoringMonday which I am now following and recommending.
https://www.kula.tproa.net/lnt/2020/06/x25519-encryption-in-age/
New essay! "The Dot Plot Against America" in Blockchain & Society: Political Economy of Crypto (a crit. inq. pub on blockchain).
This essay focuses on Trump's plot, The Fed's dot plots & escalating societal inequality.
#history @histodons #sociology #inequality #federalreserve #interestrates #poverty #crypto #interestrates #recession #blockchain #crytpocurrency #btc #ethereum #scams #fraud #crime #terror #ftx #terra #luna #anthro #economics #politicaleconomy
Who's ready for SBF to get dragged back to the US and locked up already?
#FTX #LockSamUp #Bitcoin #CryptoCrash #Crypto #Binance #CryptoMastodon #AltCoins #Crytpocurrency
“At some level, the fall of FTX is not a crypto story at all,” said Adam Levitin, a Georgetown University law professor and a principal at Gordian Crypto Advisors, a firm that provides advice regarding crypto bankruptcies. “People invested billions in an unregulated financial institution based in a Caribbean island. How could this end well?”
https://www.washingtonpost.com/business/2022/11/16/ftx-collapse-crypto-exchanges-regulation/
Episode 62 of Generational Wealth with Cryptocurrency released this morning!
The CFA and How Developing Countries Get Scammed
This is the second part of a two part series on French colonial Africa and economic colonialism.
https://player.captivate.fm/episode/1e7f2ccc-fd28-40dc-b2ec-b50ea0632648
Quickly and easily listen to Generational Wealth with Cryptocurrency for free!
All the news about crypto this week...
it's not been a good week for the markets -where do we go from here?
The next episode of Generational Wealth with Cryptocurrency is now available!
https://player.captivate.fm/episode/dcb564b7-a9c9-4938-8cc9-c4cf78ff4b9e
Quickly and easily listen to Generational Wealth with Cryptocurrency for free!
😂🤣🔥🌽👑
---
RT @thecryptoc0up1e
Lord of the Coins for our fellow(ship) nerds 🧡
#Bitcoin #BTC #crypto #money #crytpocurrency #cryptocomedy
https://twitter.com/thecryptoc0up1e/status/1429936744925827106