Crypto-friendly Signature Bank (SBNY) announced that it would shrink its deposits tied to crypto assets by $8 – $10 billion. SBNY’s decision indicates that the bank might be distancing itself from the...
Tag: 810B
Ethereum wipes out $8.10B while eagerly awaiting ‘The Merge’
The Ethereum blockchain has burned 2.35 million ether since the implementation of the Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over nine months, and during the l...