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Published 1 year ago

Coinbase says it has about US$240 million cash balance with Signature Bank

Summary by Ground News
Coinbase Global has about US$240 million in corporate cash balance with Signature Bank, the US crypto exchange said in a tweet. The closure comes just two days after California authorities shuttered Silicon Valley Bank, in a collapse that roiled global markets. Traders have been on guard this week for signs of contagion in the financial sector and beyond.

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