Circle, Paxos, Bitstamp and Galaxy join Coinbase in scaling back partnerships with Silvergate Bank
Silvergate is reportedly facing an investigation from the United States Department of Justice over its alleged role in the FTX collapse, involving Sam Bankman-Fried's account.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Silvergate is reportedly facing an investigation from the United States Department of Justice over its alleged role in the FTX collapse, involving Sam Bankman-Fried's account.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Coinbase offers gold-backed loans powered by Morpho
Coinbase's gold-backed loans via Morpho highlight the growing trend of tokenizing real-world assets, offering new liquidity avenue...
Coinbase brings USDC to Samsung Wallet as the default dollar stablecoin for US Galaxy users
Coinbase's integration of USDC into Samsung Wallet could significantly boost stablecoin adoption, enhancing digital currency acces...
Ukraine Central Bank Refuses to Back Crypto Bill Cleared for Second Reading
Bitcoin Magazine Ukraine Central Bank Refuses to Back Crypto Bill Cleared for Second Reading Ukraine’s central bank will not suppo...
Claude AI Predicts and Backs Claver’s $10K XRP Price Prediction as Anthropic Faces Pompliano Backlash
Brad Garlinghouse wants XRP to become the institutional gold standard for crypto rails, while David Schwartz sees blockchain trans...
Coinbase Opens USDC Borrowing Against PAX Gold
The gold-backed token joins Coinbase’s collateral options, while its loan-health pricing updates only during gold-market hours.......
Nigeria’s Central Bank Now Requires Offshore Stablecoin Issuers to License Locally
Stablecoin issuers based abroad can no longer serve Nigerian users on the strength of a foreign license under a new rulebook from...