Does Signature failing mean crypto in the US is finally dead? Silvergate and Sig... | Hacker News

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		celestialcheese on March 12, 2023 \| parent \| context \| favorite \| on: Joint statement by the Department of the Treasury,... Does Signature failing mean crypto in the US is finally dead? Silvergate and Signature both going to $0 is a strong signal. Why would any bank want to work with crypto after this?

0xDEF on March 13, 2023 [–]

The Feds just saved a lot of crypto startups by doing this bailout. The crypto scam industry will be around for a few years more unfortunately.

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