Ordinals, Inscriptions, and Nostr . . . Oh my! Ep665
Bitcoin And . . .
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FTX Silvergate - The Federal Home Loan Bank
Silvergate sold roughly $5.2 billion in debt securities as well as drew a $4.3 billion loan from the federal home loan bank to shore up its accounts. The letter concludes with an extensive questionnaire to gather more information about the relationship between FTX Alameda research and Silvergate. This is not what the home loan bank was created for, now the FDIC is getting dragged into it.
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