Nearly $1B Moved Out of FTX, As A Single Whale Withdraws $247M+ Amidst Insolvency Concerns

– Advertisement – FTX has witnessed nearly $1B in outflows in the past week, with a whale withdrawing over $247M within a day as insolvency concerns gain steam amidst exchange’s clash with...

Silvergate Bank Earns Nearly $60m in Q1, Net Income Hits $24.7m

American Commercial bank Silvergate Capital, a bank focused on digital currencies, reports financial results for the first quarter of 2022. According to the financial report, the company’s Q1 re...