ghosty on Nostr: The effect of FTX’s bankruptcy continues to weigh on the space, with crypto lender ...

The effect of FTX’s bankruptcy continues to weigh on the space, with crypto lender Genesis filing for bankruptcy on January 20, and a key bank for crypto players Silvergate closing its doors on March 8. SVB has likewise collapsed, with significant ripple effects seen in the collapse of the crypto-friendly bank Signature Bank, which was previously home to the crypto central payments processing platform Signet.