There's no need to worry about your investments in the cryptocurrency industry.

avatar
(Edited)

silvergate-930x523-1.jpg
Source

In a recent development stakeholders in the cryptocurrency industry have reported that they have no exposure to Silvergate, a financial institution that has recently shuttered its doors.

This news comes as a relief to many investors who may have been worried about the potential impact on their portfolios.

Silvergate well-known financial institution in the cryptocurrency industry, announced last week that it would be shutting down due to financial difficulties.

This news raised concerns among investors who had assets invested in the institution, as well as those who had been using its services to facilitate their cryptocurrency trades.

However, according to reports from several prominent cryptocurrency stakeholders there is no need to worry.

They have confirmed that they have no exposure to Silvergate and that their investments are safe.

This is good news for the cryptocurrency industry which has seen a surge in interest and investment in recent years.

With many investors looking to get in on the action, it is important that they have confidence in the institutions and platforms they are using to manage their assets.



0
0
0.000
1 comments
avatar

Congratulations @iqhug! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You received more than 10 upvotes.
Your next target is to reach 50 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Keep Hive Buzzing - Support our proposal!
Our Hive Power Delegations to the February PUM Winners
The Hive Gamification Proposal
Support the HiveBuzz project. Vote for our proposal!
0
0
0.000