GM crypto fam, hope everyone is doing great.
I'm not sure if many of you have seen the news that Silvergate Capital Corporation has decided to voluntarily liquidate Silvergate Bank. As I'm fairly new to the world of crypto and this seems like a significant development in the crypto-banking industry, I'd like to hear your thoughts and opinions on it.
How big of an impact is this going to have on the industry as a whole? What do you think the implications of this decision are for the future of crypto-banking?
sources:
https://twitter.com/thetokenist/status/1633591603083325445