Liquidity trouble? | Illustration by William Joel / The Verge Update, March 8th, 7PM ET: Silvergate has announced it is shutting down, the original story follows below. Silvergate, one of the most important banks in crypto, is in big trouble. Maybe existential trouble. Silvergate didn’t start in crypto. It started in real estate. But in […]
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Illustration by Alex Castro / The Verge Silvergate Bank, which had been a cornerstone in the crypto world, announced it’s closing and returning deposits. In a press release, the bank’s holding company, Silvergate Capital Corporation, said it made the decision to shut down “in light of recent industry and regulatory developments.” It’s been clear for […]
Among the wave of Spotify announcements coming out of today’s Spotify Stream On event, the company also shared some exciting news with podcast listeners — in particular, Batman fans. Spotify is launching a new podcast series “The Riddler: Secrets in the Dark,” starring comedian-actor Hasan Minhaj as The Riddler. As part of Spotify’s exclusive multiyear […]
March 8, 2023
Daily Crunch: Twitter CEO expresses regret after using his platform to call disabled employee ‘the worst’
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Happy International Women’s Day! Did you know that the holiday was adopted by the UN 46 years ago? We read the Wikipedia article about IWD, and learned stuff. Try it — you […]
As funding into web3 projects cools down during the crypto winter, startups in the space are increasingly focused on building bridges for mass adoption and exploring revenue opportunities to stay afloat. The key to driving mass adoption? Offer experiences that are so seamless that users don’t realize blockchain is involved. One company that is demonstrating […]
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