5min chapter

Crypto Critics' Corner cover image

Cryptocurrency Banks Give Up

Crypto Critics' Corner

CHAPTER

Cryptocurrency Is Now a Part of the Traditional Financial System

There's so many similarities between these two banks from the networks they were using, to the performance of their stock prices. I think looking at these two right now, in this moment, you were really seeing how this exposure to the crypto ecosystem has hurt these banks. And if you want to have an idea of exactly how, Signature is the perfect example now. Because what we had was essentially a bank run. We had a real-life bank run on a real life bank.

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