Deposits

Silvergate shares fall as crypto bank reveals $8.1 billion drop in deposits

Silvergate shares fall as crypto bank reveals $8.1 billion drop in deposits

Customers withdrew $8.1 billion in deposits from Silvergate during a ‘crisis of confidence’ late last year, forcing the crypto-focused U.S. bank to sell assets and underscoring how the implosion of FTX has reached the regulated financial sector. The California-based group’s Thursday disclosure showing its digital asset customer deposits fell to $3.8 billion on December 31, …

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First Perseverance Sample Tube on Martian Surface

NASA’s Mars Perseverance Rover deposits first sample on Martian surface for possible return to Earth

NASA’s Perseverance rover deposited the first of several samples on the Martian surface on December 21, 2022, the 653rd Martian day, or sol, of the mission. Credit: NASA/JPL-Caltech/MSSS The sample tube, which is filled with rock, will be one of 10 forming a deposit of tubes that the March Mars is the second smallest planet …

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Some Homebuyers Lose Deposits of $10,000, $20,000 or More Due to High Mortgage Rates

Some Homebuyers Lose Deposits of $10,000, $20,000 or More Due to High Mortgage Rates

Paulo Echeverry and Dahianara Lopez Zapata, in their food truck in Kissimmee, Florida. Michelle Bruzzese for NPR hide caption toggle caption Michelle Bruzzese for NPR Paulo Echeverry and Dahianara Lopez Zapata, in their food truck in Kissimmee, Florida. Michelle Bruzzese for NPR Dahianara Lopez and her husband Paulo Echeverry run a food truck outside Orlando. …

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Crypto.com Commits to Providing Proof of Reserves After Halting Certain Deposits and Withdrawals

Crypto.com Commits to Providing Proof of Reserves After Halting Certain Deposits and Withdrawals

Kris Marszalek, CEO of cryptocurrency exchange Crypto.com has become the latest crypto firm to promise to release “audited proof of reserves”, amid the fall of rival exchange FTX. “We share the belief that it should be necessary for crypto platforms to publicly share proof of reservations,” Marszalek said, adding that his company “will release our …

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