Silvergate Bank Company in North America Silvergate is a Federal Reserve member bank and the leading provider of innovative financial infrastructure solutions and services for the growing digital currency industry, based in La Jolla, California. More about Silvergate Info Twitter LinkedIn
Ad CFTC chair Rostin Benham said that various digital assets, including Ethereum and stablecoins, are commodities during a senate hearing on March 8. Rostin Benham on ETH, stablecoins During a hearing before the Senate Agriculture Committee, Benham said: “I’ve made the argument that Ethereum is a commodity…it’s been listed on CFTC exchanges for quite some…
Ad On the first day of the city-wide crypto event that was EthDenver, Steven Fluin, Head of Developer Relations at Axelar, put the onus of developers to build a more connected web3 by stating that “dApps developers have the responsibility to unify.” Talking at the InterOp Summit, Fluin began by asking the audience to join…
Ad Miners that use sustainable energy sources accounted for 91.3% of Bitcoin (BTC) mining during the first two months of the year, according to data shared by Climate Tech Vice President Daniel Batten. Batten noted that Marathon Digital migrated around 300 Megawatts from thermal power to wind power in January, which made a significant contribution…
Ad A new study by the blockchain infrastructure company Paxos shows that crypto owners see cryptocurrency as an investment and desire mainstream financial service providers to offer products and services that support it. Top 5 Reasons Respondents are Interested in Crypto According to the survey released on March 7, three of the top five most…
Ad Crypto exchange Gemini has denied reports that its banking relationship with U.S. banking giant JPMorgan has ended. In a March 8 tweet, Gemini said: “Despite reporting to the contrary, Gemini’s banking relationship remains intact with JPMorgan.” Coindesk previously reported that JPMorgan had ended its relationship with the Winklevoss twins-led crypto exchange. The media outlet…
Ad The United Kingdom Financial Conduct Authority(FCA) cracked down on crypto ATMs in the country and moved on to the east London region with the investigation, Reuters reported. The FCA has been working with the police force from West Yorkshire to deal with the unregistered ATM installations in the city of Leeds. The FCA said…
Russia suspended from FATF In a first for the FATF, it has suspended another member state — the Russian Federation. The decision was made by the FATF due to Russia’s failure to comply with a demand from the United Nations General Assembly Resolution ES-11/1, which called for the removal of its armed forces from Ukraine’s…
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Ad The total value of assets locked (TVL) on Cardano in terms of the ADA token reached a new all-time high of 341.42 million on March 7, according to DeFillama data. The ADA token TVL has fallen to 333.16 million as of press time. Source: DeFillama In US Dollar terms, Cardano’s DeFi TVL sits at…