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The Chopping Block: Arthur Hayes on Why Crypto Needs to Ditch the Banks - Ep. 466

Unchained

CHAPTER

Silvergate's Struggle: A Crypto-Crisis Deep Dive

This chapter explores the collapse of Silvergate Bank and its implications for the crypto investment landscape. It discusses the challenges the bank faced due to its involvement with volatile crypto deposits and the subsequent liquidity crisis precipitated by rising interest rates. The conversation also highlights the broader risks posed to traditional finance by crypto-related bank failures, reflecting on the future of decentralized finance.

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