Silvergate and Silicon Valley Bank Distress Sparks Major Fears for US Economic Outlook

Silvergate and Silicon Valley Bank Distress Sparks Major Fears for US Economic Outlook

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As if things weren’t bad enough for the crypto industry, an impending U.S. banking crisis could be the tip of the iceberg. Two major American banks failed in the same week. Earlier this week, crypto bank Silvergate went into voluntary liquidation following a customer exodus. Just a few days later,…

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