Silvergate closes Alternate Network, releases $9.9M to BlockFi

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Crypto financial institution Silvergate announced on March 3 that it is discontinuing its digital resources' price network, claiming the termination is a "chance-based decision". The switch comes after the financial institution's stock fell over 59% prior to now five days attributable to fears of a seemingly chapter.

A disclaimer on Silvergate's web bid online acknowledged:

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