Silvergate Capital files for bankruptcy amid crypto market turmoil
Silvergate Capital filed for bankruptcy on September 18, 2024, in Delaware. The bank, shuttered in March 2023, will not compensate common stockholders. Regulatory probes and the crypto market collapse blamed…
Report: Bitcoin trading at $38,000 in Nigeria, as Africa’s biggest economy in turmoil
Key Takeaways Bitcoin is trading at $38,000 in Nigeria, a premium of 66% The Nigerian central bank has implemented ATM withdrawal limits of $43 per day in push towards a…
Crypto is the ‘only stable thing’ amid financial turmoil, says Binance CEO
Changpeng Zhao discussed various cryptocurrency issues, including regulation and the ongoing bear market. The cryptocurrency space has been in a bear market for the last 12 months, with prices of…