{"id":975,"date":"2023-03-09T10:23:00","date_gmt":"2023-03-09T02:23:00","guid":{"rendered":"https:\/\/insights.digift.io\/?p=975"},"modified":"2025-08-15T16:54:10","modified_gmt":"2025-08-15T08:54:10","slug":"crypto-focused-bank-silvergate-plans-to-wind-down-following-blow-from-ftx-ethdenver-teases-spin-off-plans-as-conference-winds-down","status":"publish","type":"post","link":"https:\/\/insights.digift.io\/zh\/crypto-focused-bank-silvergate-plans-to-wind-down-following-blow-from-ftx-ethdenver-teases-spin-off-plans-as-conference-winds-down\/","title":{"rendered":"Crypto-focused bank Silvergate plans to wind down following blow from FTX, ETHDenver teases spin-off plans as conference winds down"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Weekly Update: 09 Mar 2023<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1) Crypto-focused bank Silvergate plans to wind down following blow from FTX [<a href=\"https:\/\/www.reuters.com\/technology\/crypto-focused-bank-silvergate-plans-wind-down-operations-2023-03-08\/\">Reuters<\/a>]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; It planned to wind down operations and voluntarily liquidate after it was hit with losses following the dramatic collapse of crypto exchange FTX, sending its shares down 35% in after-hours trade.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2) ETHDenver teases spin-off plans as conference winds down[<a href=\"https:\/\/www.coindesk.com\/business\/2023\/03\/05\/ethdenver-teases-spin-off-plans-as-conference-winds-down\/\">CoinDesk<\/a>]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; After a successful week of hacking, networking, and partying, conference co-founder John Paller revealed he is in talks to organize satellite events in other countries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">3) Amazon NFTs will be tied to real-world assets, tokens possible [<a href=\"https:\/\/blockworks.co\/news\/amazon-nfts-real-world-assets-token\">Blockworks<\/a>]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; Amazon\u2019s marketplace will tie digital ownership to physical goods delivered to customers\u2019 doors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">4) Bybit halts deposits via USD bank transfer, citing partner &#8216;service outages&#8217;&nbsp;[<a href=\"https:\/\/www.theblock.co\/post\/217159\/bybit-halts-deposits-via-usd-bank-transfer-citing-partner-service-outages\">The Block<\/a>]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; Bybit stopped USD deposits via bank transfer, citing \u201cservice outages\u201d from a partner. Withdrawals via SWIFT or U.S. bank wire transfer are available until March 10 at midnight UTC.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">5) DOJ seeks to narrow Sam Bankman-Fried\u2019s bail terms, use only flip phones&nbsp;[<a href=\"https:\/\/cointelegraph.com\/news\/u-s-attorney-seeks-to-narrow-sam-bankman-fried-s-bail-terms-use-only-flip-phones\">Cointelegraph<\/a>]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; The proposal restricts Sam Bankman-Fried\u2019s communication to a flip phone or another non-smartphone device without internet access.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">6) India explores offline functionality of CBDCs \u2014 RBI executive director&nbsp;[<a href=\"https:\/\/cointelegraph.com\/news\/india-explores-offline-functionality-of-cbdcs-rbi-executive-director\">Cointelegraph<\/a>]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; In addition to offline functionality, RBI is gauging CBDC\u2019s potential for cross-border transactions and linkage with legacy systems of other countries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">7) Uniswap wants to launch mobile wallet, but Apple won\u2019t greenlight its launch&nbsp;[<a href=\"https:\/\/cointelegraph.com\/news\/uniswap-wants-to-launch-mobile-wallet-but-apple-won-t-green-light-it-s-launch\">Cointelegraph<\/a>]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; The new self-custodial mobile wallet will allow users to swap on layer-1 or layer-2 networks without having to switch blockchain.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">8) Yuga Labs&#8217; Bitcoin NFT collection TwelveFold to be auctioned Sunday&nbsp;[<a href=\"https:\/\/www.theblock.co\/post\/217198\/yuga-labs-bitcoin-nft-collection-twelvefold-to-be-auctioned-sunday\">The Block<\/a>]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; The auction for Yuga Labs\u2019 first Bitcoin NFT collection, TwelveFold, will begin at 3 p.m. PT Sunday. Of the 300 NFTs on offer 288 will be available for sale.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">9) US legislators renew call for EPA investigation of crypto mining emissions data [<a href=\"https:\/\/cointelegraph.com\/news\/senators-renew-call-for-epa-investigation-of-crypto-mining-emissions-data\">Cointelegraph<\/a>]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; Senator Edward Markey and Representative Jared Huffman want miners to disclose emissions data and the EPA to lead an investigation of their impact.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">10) Few and Far raises $10.5 million in funding round led by Pantera Capital to expand its one-stop destination for digital collectibles&nbsp;[<a href=\"https:\/\/medium.com\/few-and-far\/few-and-far-raises-10-5-fcf1c7fa40a7\">Medium<\/a>]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; Few and Far, a leading digital collectibles web3 platform, has announced that it has raised $10.5 million in a funding round led by Pantera Capital.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon NFTs will be tied to real-world assets, tokens possible <\/p>","protected":false},"author":256897716,"featured_media":961,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_oasis_is_in_workflow":0,"_oasis_original":0,"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"page_builder":"","_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false,"_links_to":"","_links_to_target":""},"categories":[1,132582],"tags":[],"class_list":["post-975","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","category-market-decoded"],"acf":[],"jetpack_shortlink":"https:\/\/wp.me\/pg7Ide-fJ","jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/insights.digift.io\/wp-content\/uploads\/2024\/10\/bg-weekly-1.jpg?fit=740%2C400&ssl=1","_links":{"self":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/users\/256897716"}],"replies":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/comments?post=975"}],"version-history":[{"count":1,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/975\/revisions"}],"predecessor-version":[{"id":976,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/975\/revisions\/976"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/media\/961"}],"wp:attachment":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/media?parent=975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/categories?post=975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/tags?post=975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}