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