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Silvergate Bank Loses Clients as Gemini, Crypto.com, Bitstamp, and MicroStrategy Distance Themselves

Source Node: https://zephyrnet.com/gemini-crypto-com-bitstamp-microstrategy-distance-themselves-from-silvergate/
Time Stamp: March 2, 2023 5:13 PM - Modified On: March 2, 2023 - Published By:
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Published by Plato

The cryptocurrency industry is in a state of flux, with many companies and banks vying for a share of the market. One of the most prominent players in the space is Silvergate Bank, which has been providing banking services to cryptocurrency companies since 2013. However, in recent months, several major players in the industry have decided to distance themselves from Silvergate Bank, citing concerns about its business practices. Gemini, Crypto.com, Bitstamp, and MicroStrategy have all announced that they are no longer working with Silvergate Bank. The reasons for this decision

Tesla Investor Day Fails to Excite Investors

Source Node: https://zephyrnet.com/if-tesla-investor-day-was-about-exciting-investors-then-boy-did-it-fail/
Time Stamp: March 2, 2023 4:33 PM - Modified On: March 2, 2023 - Published By:
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Published by Plato

Tesla recently held its highly anticipated investor day, but the event failed to excite investors. Tesla CEO Elon Musk had promised investors that the event would be a "game changer," but the event ended up being a disappointment. The event was supposed to be a chance for Tesla to show off its new technology and plans for the future, but instead Musk spent much of the time talking about the company's past successes and current challenges. He also spent a lot of time talking about Tesla's stock price, which has