via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/106m5in/us_bank_silvergate_hit_with_8bn_in_crypto/ TLDR: Customers of US bank Silvergate, which provides cryptocurrency services, have withdrawn over $8bn (£6.7bn) of their crypto-linked deposits in the final 3 months of 2022. The bank ha sold $5.2bn in assets to cover the cost and to not get liquidated. During the crypto "peak" it tried to launch its own stablecoin, and […]

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via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/102flax/crypto_whale_just_moved_35m_worth_of_ethereum_eth/ submitted by /u/FldLima [link] [comments]