Multiple companies end relationship with SilverGate Bank

March 03, 2023

SilverGate Bank took several major blows yesterday as it saw its stock plummet 50%. Appears crypto devs from the US are leaving the industry or country. Aurora announces a major development release. Bankless announces a new fund. Metis announces their Eth Hybrid rollup. Have a great weekend!

Welcome to Daily Digest. We surface trending news in crypto based on conversations found on Twitter, news publications, blog posts, and other social media, powered by the Coinfeeds platform.

Below are some of the top sentiment changers and news

Projects Sentiment Rankings:

Top

These are the top of mind coins today for crypto twitter.

This is the ranking snapshot at time of writing. It is updated hourly on the Twitter sentiment ranking page

Bottom

These are the most negative coins today on crypto twitter.

  • FTX debtors decline ‘massive shortfall’ in FTX Assets, FTX US also in red

  • SilverGate Bank had a bad day and Paxos announced it was pulling funds from SI

  • Rumors circulating at Celsius was dumping whatever coins they had leftSee most negative projects updated hourly.

Projects Sentiment Movers:

Big sentiment moves alway have news behind it, here’s the biggest movers and why. Here is how we find these movers.

Auora (+50): Announces Aurora Cloud, a turnkey business solution built on innovations to help accelerate mass adoptionOak Network (+159): Announced they are teaming up with Dwellir to create a higher performing infrastructure provider for Web3Litecoin (+286): The newest version of Litecoin Core is out

These are a few of the top sentiment movers for yesterday. To see all of the sentiment movers click the links above

Trending from yesterday 👍

News

Here’s the trending news items over the last 24 hours. If you’d like to see even more updated news, you can also find trending tweets updated hourly, and trending news updated in real time on our website.

Coinbase and Circle announce they are dropping SilverGate as their USD Banking Partner

US is losing developers from the crypto space at an alarming rate

Aurora announced Aurora Cloud designed at giving innovative tools to

Gitcoin announces the launch of Gitcoin Grants Stack, a protocol-enabled suite of tools making it easier for communities to allocate capital to fund shared needs

Metis announces their Eth Hybrid Rollup which is first-of-its-kind combination of Optimistic and Zero-Knowledge rollup

BanklessHQ founds are raising an early stage venture capital fund