Bybit suspends U.S. dollar bank transfers, possible link to Silvergate shuttering crypto banking network

Bybit suspended U.S. dollar deposits and withdrawals via wire and bank transfers due to “service outages from a partner.”

• 2023-03-06
• Silvergate Capital bank transfers bank transfer service outage Silvergate Exchange Network crypto exchange service outages Coinbase cutting ties Silvergate

Bitcoin treads water below US$22,500, Ether dips with other top 10 cryptocurrencies

Bitcoin and other top 10 cryptocurrencies fell on Monday morning amid concern about the troubled crypto bank Silvergate.

• 2023-03-06
• Jerome Powell Fed Chairman Silvergate Bank Bitcoin cutting ties