Cryptocurrency

Silvergate and Signature were the two main banks for crypto companies, while Silicon Valley Bank had a lot of crypto startups and VCs as customers.The failure of the crypto banking trifecta rippled into the stablecoin market over the weekend.By Sunday night, when the feds stepped in to backstop deposits at Signature and SVB, cryptocurrencies were rallying and the stablecoins had regained their pegs.A man entering Signature Bank in New York City on March 12, 2023.ReutersTwo of the banks that were friendliest to the crypto sector and the biggest bank for...