Silvergate Capital to liquidate Silvergate Bank
Big news yesterday from Silvergate Capital that it was liquidating Silvergate Bank. Law makers in Illinois appear to hate crypto. Gemini says its banking relationship is still strong. Coinbase launches a new product aimed at making wallets easier for projects.
Welcome to Daily Digest. We surface trending news in crypto based on conversations found on Twitter, news publications, blog posts, and other social media, powered by the Coinfeeds platform.
Below are some of the top sentiment changers and news
Projects Sentiment Rankings:
Top
These are the top of mind coins today for crypto twitter.
This is the ranking snapshot at time of writing. It is updated hourly on the Twitter sentiment ranking page
Bottom
These are the most negative coins today on crypto twitter.
FTX proposed a $4M bonus program to stop specialized coders from quitting
Algorand has seen a decrease of over $50M in TVL since MyAlgo wallet was hacked at the end of February
Forta, a real time network security detection software, identified the bug two days before the attack on FEG, but the FEG team didn’t subscribe to Forta.
Projects Sentiment Movers:
Big sentiment moves alway have news behind it, here’s the biggest movers and why. Here is how we find these movers.
Sand (+119): Announced a couple of partnerships yesterday including Charles & Keith Haus and AIMC
Ripple (+310): CEO Brad Garlinghouse compared XRP to Amazon and said they will be Amazon in 5 years and the people went bananas
Rocket Pool (+162): Multiple people stating Rocket Pool won the busiest booth at Eth Denver along with their TVL increasing from $20M to $50M in last 3 months
These are a few of the top sentiment movers for yesterday. To see all of the sentiment movers click the links above
Trending from yesterday 👍
News
Here’s the trending news items over the last 24 hours. If you’d like to see even more updated news, you can also find trending tweets updated hourly, and trending news updated in real time on our website.
Silvergate Capital to Voluntarily liquidate Silvergate Bank, ending the bank’s reign it had as the go-to bank for crypto companies
Always knew lawmakers in Illinois were wrong
Gemini and JP Morgan are still in a banking relationship
Coinbase launched Wallet as a Service, which enables companies to easily create onchain wallets for their users and apps
House Representative reintroduce bipartisan legislation fix to digital asset reporting requirements
Appears there could be a huge W for Ripple in suit with SEC
