Elsewhere, Jonathan Zeppettini, technique Lead at Decred, mentioned: “The scenario with Silvergate, Silicon Valley Financial institution, and Signature is a mix of some issues; banks failing to correctly hedge rate of interest danger, a traditional financial institution run stemming from that illiquidity as they’re pressured to appreciate losses if they don’t maintain these belongings to maturity, and opportunism by regulators to power the unwind of banks which are seen as “crypto-friendly.”
