Silvergate Capital posts $1B loss in Q4’22
Silvergate Capital posts $1B loss in Q4’22Silvergate reported a net loss of $1 billion and a decrease in digital asset customers and customer-related fee income.
Happy Tuesday!The global crypto market cap is $991.93 billion with a 24-hour volume of $49.97 billion. The price of Bitcoin is $21,202.88 and BTC market dominance is 41.2%. The price of Ethereum is $1,574.48 and ETH market dominance is 19.4%. The best performing cryptoasset sector is Yield Farming, which gained 13%.
Latest NewsSilvergate Capital posts $1B loss in Q4’22
Silvergate reported a net loss of $1 billion and a decrease in digital asset customers and customer-related fee income. Hashkey Capital commits $500M to advance crypto, blockchain initiativesHashkey's Fund III will focus on infrastructures, toolings, and applications with mass adoption potential. Bitcoin mining emissions down 10% as Kazakhstan’s hash rate share decreasesZero-emission energy resources account for 52.2% of the network's energy usage. Meanwhile, Kazakhstan now represents only 6.4% of the global hash rate. Circle: USDC stablecoin is always 1:1 redeemable for US dollarsCircle published a recap of 2022 and said it had kept its promise of dollar parity and the future for digital dollars looks bright. Thailand’s SEC mandates exchanges to establish digital wallet management systemDigital asset providers in Thailand are required to have contingency plans in case of events that compromise their digital wallets. CryptoSlate Daily wMarket Update: Bitcoin breaks $21,000 in sustained bull market performanceThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Binance burns $600M BNB in 22nd burn eventBinance reported that 2.05 million tokens were burnt through its auto-burn program — the Pioneer Burn Program accounting for 7,181 BNB. Ethereum mainnet hits record-breaking 32B weekly gas expenditureEthereum L2 networks spent a record-breaking 32 billion gas to validate transactions and activate bridges between Jan. 9 and Jan. 15. SushiSwap to launch DEX aggregator and decentralized incubator in Q1Head Chef Jared Grey said that by properly executing its vision, SushiSwap intends to increase its market share by 10x in 2023. Alameda liquidators lose $11.5M due to liquidations over 2 weekOver $4 million of losses were preventable if liquidators closed positions instead of pulling collateral, according to Arkham Intelligence.
Read CryptoSlate in the app Listen to posts, join subscriber chats, and never miss an update from CryptoSlate.
|
Key phrases
Older messages
Bitcoin sinks 4% to $20,400 as US producer prices show inflation easing
Friday, January 20, 2023
The leading cryptocurrency tanked after news of better than expected producer inflation data.
Research: On-chain metrics continue signaling a Bitcoin bottom
Friday, January 20, 2023
On-chain Bitcoin metrics continue to suggest a market bottom, but it remains to be seen if the current cycle plays out the same as past cycles.
How to Make Profit in Bear Market?
Friday, November 11, 2022
Ad: Earn 22.2% APY guaranteed with MIDAS token.
Excited for the World's First Live Web3 Esports Event?
Thursday, October 20, 2022
Get FREE tickets online and reserve your spot now before it's too late 🔥
Get Excited for Istanbul Blockchain Week 2022
Monday, August 22, 2022
You'll never guess who's speaking at this event...
UK looks to launch digital pound by 2030, roadmap to be released soon
Sunday, February 5, 2023
The Bank of England and the Treasury believe that the UK will "likely" need a digital pound amid declining cash usage.
Asia's weekly TOP10 crypto news (Jan 30 to Feb 5)
Sunday, February 5, 2023
Author：Lily Editor：Colin Wu 1. Kazakhstan's weekly summary 1.1 Kazakhstan Parliament adopts law regulating crypto mining and exchange link Lawmakers in Nur-Sultan have approved the final version of
Binance helps Hong Kong police to fight ....🙊
Sunday, February 5, 2023
February 05, 2023 What we call wisdom is the result of all the wisdom of past ages. Our best institutions are like young trees growing upon the roots of the old trunks that have crumbled away. -Henry
Innovation or attack? Sorting out the "NFT Big Block" on the Bitcoin Network
Sunday, February 5, 2023
Written By：Liu Changyong On February 1, 2023, Bitcoin Network mined the largest block in the history of nearly 4M, containing a nearly 4M largest transaction in the history, and the transaction fee is
Saturday, February 4, 2023
UNDRGRND ARTIST: PEGi NFTjoe — February 4, 2023 View original post #9 Camp FEBRUARY 4TH, 2023 Each week 100 NFTs are minted and randomly airdropped to UNDRGRND Membership Cardholders. To find out how
London tops crypto hub rankings with 2nd highest number of crypto companies in the world
Saturday, February 4, 2023
The city of London was praised for having over 800 crypto companies.
Saturday, February 4, 2023
1. ETH's weekly summary a. Ethereum's first public withdraws testnet to launch 1st of Feb link Parithosh, DevOps at the Ethereum Foundation, tweeted that the first public withdrawals testnet
Vitalik Buterin Is a DAOpunk | BanklessDAO Weekly Rollup
Saturday, February 4, 2023
Catch Up With What Happened This Week in BanklessDAO
Saturday, February 4, 2023
CRYPTODAY 109
Friday, February 3, 2023
How can we tell when it's over? By Mike Featherstone, CFO.