LedgerX supposedly cut ties with Silvergate and advised users to deal with Signature Bank.
LedgerX – cryptocurrency derivatives exchange and a subsidiary of the collapsed giant FTX – will reportedly cease its partnership with Silvergate Bank.Switching to Another Partner, LedgerX differentiated itself from the embattled financial institution focused on cryptocurrencies – Silvergate Bank. It advised customers to refrain from using it to receive domestic wire transfers from March 1.
Signature Bank said it will reduce its exposure to the cryptocurrency industry at the end of 2022 but not scrap it entirely. ItADVERTISEMENT
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kraken Pulling Back From Using Signature Bank: BloombergKraken is pulling back from using crypto-focused bank Signature Bank for some significant financial transactions, according to Bloomberg. By NelWang
Read more »
Silvergate Loses a Bull as KBW Analyst Downgrades on Limited VisibilityCrypto bank silvergatebank was downgraded to market perform from outperform by one of the few remaining bullish analyst on the stock, citing limited visibility. by SteveAlpher and Aoyon_A
Read more »
Bitcoin inches higher as prices continue in narrow range, Silvergate whipsaws after downgradeSilvergate shares were down 2.7% following a downgrade by KBW analysts to market perform from outperform.
Read more »
Stocks making the biggest moves after hours: Silvergate Capital, Salesforce, Snowflake, Okta and moreStocks making the biggest moves after hours: Salesforce, Snowflake, Okta and more
Read more »
Hate your signature? Try plastic surgery for autographsDo you hate the way you sign your name
Read more »
Hate your signature? Try plastic surgery for autographsNEW YORK (AP) — Doctors, lawyers, celebrities: There's a new cosmetic surgery, of sorts, that has snared them all. By that, we mean handing over money to hire a calligrapher for a fresh take on writing one's own name in cursive.
Read more »