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Cryptocurrency Market

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  • Market Cap: $2,405,826,510,824.14
  • 24h Vol: $55,513,512,005.34
  • BTC Dominance: 56.55%

US Securities and Exchange Commission

chia-network-files-for-ipo-with-the-sec,-eyes-public-listing

Chia Network Files for IPO With the SEC, Eyes Public Listing

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On Friday, Chia Network Inc. announced that it had submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC), requesting an initial public offering (IPO). The blockchain network company, founded by Bittorrent creator Bram Cohen, will initiate the IPO after the U.S. securities regulator approves the filing. Bittorrent Creator’s […]

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Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist

Leave a Comment / asset preservation, bank operations, banking giant JPMorgan, Bitcoin, Circle, Coinbase, crypto exchange FTX, Crypto Hacked, crypto-friendly banking, Crypto.com, Cryptocurrency, deposit repayment, Ethereum, Financial Troubles, Gemini, industry developments, large crypto firms, liquidation plan, News, Paxos, payment platform, proprietary technology, regulatory scrutiny, residual value, SEC, SI, SI stock, Silvergate Bank, Silvergate Capital Corporation, stock downgrade, tax assets, US Securities and Exchange Commission, USD value, voluntary liquidation, wind down plan / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention to wind down the crypto-friendly bank’s operations and voluntarily liquidate the company’s assets. The news follows significant financial troubles the bank faced, and the firm’s stock plummeted in value. Details of Silvergate’s Wind Down and Liquidation Plan Over the last six months, Silvergate Capital Corporation’s

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