Silvergate Capital Corp said on Friday it made a “risk-based

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Silvergate Capital Corp said on Friday it made a “risk-based decision” to discontinue the Silvergate Exchange Network, after the crypto-focused bank raised going concern doubts earlier this week. #Silvergate #cryptonews #crypto2023 #BTC

Silvergate Capital Corp said on Friday it made a “risk-based decision” to discontinue the Silvergate Exchange Network, after the crypto-focused bank raised going concern doubts earlier this week. 
#Silvergate  #cryptonews  #crypto2023  #BTC  

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Bridge mixes in $300M of North Korean and other tainted crypto. The Avalanche Bridge has retail users firmly in mind and has been widely promoted by Ava Labs. However, for reasons we shall explore, bad actors including North Korean hackers and Russian spies, have deposited almost $300M in tainted and stolen assets into the Avalanche Bridge. Oftentimes the assets have been transferred from dark net markets, mixers, or accounts that are banned by OFAC (Office of Foreign Assets Control). These assets have become co-mingled with bonafide user assets in the pool of assets that Ava Labs maintains. #hackers #avalanchebridge #avalabs #bridges

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El Salvador President officially signs bill eliminating all taxes on income, property, and capital gains for technology innovations. #ElSalvador #bitcoin #tax

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