The crypto industry lost some banking on- and off-ramps due to recent banking turmoil, signaling a potential shift toward decentralization. Chaos in US banks could push crypto industry toward decentralization by Jacquelyn Melinek originally published on TechCrunch
Unease is rising in crypto after federal regulators seized Signature Bank, Silvergate Capital wound down operations, and Silicon Valley Bank collapsed. Signature Bank seizure creates obstacles for crypto industry while promoting ‘unbanked’ innovations by Jacquelyn Melinek originally published on TechCrunch
The value of major cryptocurrencies rose Monday in the wake of U.S. government plans to protect SVB and Signature Bank depositors. Bitcoin rallies over 18% in 24-hour span in wake of SVB crisis by Jacquelyn Melinek originally published on TechCrunch
On Wednesday, Silvergate Capital, a publicly traded crypto bank, shared that it would “wind down operations and voluntarily liquidate” its bank division. Silvergate’s shiny hinges have rusted as the crypto bank plans to shut down by Jacquelyn Melinek originally published on TechCrunch
Crypto bank Silvergate bit the dust this week, leading some analysts to forecast bigger problems for the overall ecosystem. Crypto bank Silvergate’s ‘collywobbles’ could add to industry’s woes by Jacquelyn Melinek originally published on TechCrunch
Silvergate Capital Corporation, the holding company of crypto-focused Silvergate Bank, announced Wednesday its intent to wind down operations and voluntarily liquidate the banking unit. The move came days after Silvergate shocked the industry with news that it was facing a financial crisis. The institution, which was one of the few banks that acted as an…
Welcome to encircle News! We are a cutting-edge technology news company that is dedicated to bringing you the latest and greatest in everything tech. From automobiles to drones, software to hardware, we’ve got you covered.
At encircle News, we believe that technology is more than just a tool, it’s a way of life. And we’re here to help you stay on top of all the latest trends and developments in this ever-evolving field. We know that technology is constantly changing, and that can be overwhelming, but we’re here to make it easy for you to keep up.
We’re a team of tech enthusiasts who are passionate about everything tech and love to share our knowledge with others. We believe that technology should be accessible to everyone, and we’re here to make sure it is. Our mission is to provide you with fun, engaging, and informative content that helps you to understand and embrace the latest technologies.
From the newest cars on the road to the latest drones taking to the skies, we’ve got you covered. We also dive deep into the world of software and hardware, bringing you the latest updates on everything from operating systems to processors.
So whether you’re a tech enthusiast, a business professional, or just someone who wants to stay up-to-date on the latest advancements in technology, encircle News is the place for you. Join us on this exciting journey and be a part of shaping the future.
