Silvergate Capital plans to wind down operations and voluntarily liquidate Silvergate Bank, including “full repayment of all deposits”; SI drops 40%+ to ~$5
- Silvergate Capital Corporation said it will wind down operations and voluntarily liquidate Silvergate Bank in accordance with applicable regulatory processes.
Filings: the US charges Avraham Eisenberg with commodities fraud and manipulation for trying to steal ~$110M in October by rigging DeFi platform Mango Markets
U.S. prosecutors have filed criminal charges of commodities fraud and manipulation against a man accused of trying to steal …
[Thread] Coinbase says Apple “blocked our last” Wallet iOS app release until the exchange disabled sending NFTs, claiming Apple wanted a 30% cut from gas fees
You might have noticed you can't send NFTs on Coinbase Wallet iOS anymore. This is because Apple blocked our last app release until we disabled the feature. 🧵
BlockSec: a buggy smart contract on Mirror Protocol, a Terra DeFi app for betting on stocks using synthetic assets, was exploited for ~$90M over seven months
Quick Take — The exploit was accidentally discovered by a Terra community member last week. — It has been confirmed by security analysts BlockSec.
Tether's accounting firm says Tether holds $20.1B in commercial paper, down 17% QoQ; Tether had $82.4B+ in total assets on March 31 and $82.2B in liabilities
but it's worth noting that Tether has a $100k USD transaction minimum, so this wasn't a universal option... https://www.bloomberg.com/... Mindao / @mindaoyang : Tether (USDT) relea...