US banks’ collapse: what impact on the crypto space?
dcenter.substack.com
One week ago, the crypto space was worrying about Silvergate, which indeed announced its liquidation last Wednesday. Silvergate’s failure has since been eclipsed by a similar event unfolding on a much bigger scale: the Silicon Valley Bank, known for its mostly tech and startup clientele (including crypto firms), has collapsed too💥
US banks’ collapse: what impact on the crypto space?
US banks’ collapse: what impact on the crypto…
US banks’ collapse: what impact on the crypto space?
One week ago, the crypto space was worrying about Silvergate, which indeed announced its liquidation last Wednesday. Silvergate’s failure has since been eclipsed by a similar event unfolding on a much bigger scale: the Silicon Valley Bank, known for its mostly tech and startup clientele (including crypto firms), has collapsed too💥