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Cointime News Wrapup-Afternoon Version: Crypto Bank Silvergate to Close, Return all Deposits; Becomes Latest Victim of 2022 Crypto Turmoil

Cointime Official

To smooth and facilitate the reading experience for all users, we hereby compose this wrapup, especially for users who cannot check out what’s going on in a timely manner.

Highlights:

1. SBF’s Lawyers Signal Need to Push Back October Criminal Trial

2. Crypto Mining Rig Maker Canaan Shares Slump After Q4 Revenue Sank 82%

3. Crypto Bank Silvergate to Close, Return all Deposits; Becomes Latest Victim of 2022 Crypto Turmoil

4. Biden Wants to Double Capital Gains and Clamp Down on Crypto Wash Sales: Reports

5. Stablecoins and Ether are ‘Going to be Commodities,’ Reaffirms CFTC Chair

6. UK Widens Crackdown on Unauthorized Crypto ATMs

7. AirBit Club Execs Face Decades in Prison After Pleading Guilty to $100M Fraud

8. Yuga Labs’ Otherside Metaverse to Launch Second Trip on March 25

9. Marathon Digital Terminates Credit Facilities with Silvergate Bank

10. Lido Finance Weighs Sunsetting Liquid Staking on Polkadot, Kusama

Stay with Cointime for the latest news in the web3 world.

Get the latest news here: Cointime channel—https://t.me/cointime_en

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