Market bottom being tested?; Zipmex in buyout talks.
Silvergate issues warnings about the crypto winter. Meanwhile, Zipmex considers a buyout by FTX and Alameda Research.
Welcome to The Daily Forkast – July 25, 2022 – presented by Joel Flynn.
Coming up on today’s show:
Silvergate CEO warns crypto market pain will continue, but is still bullish on Bitcoin lending.
Meanwhile, DeFi total value locked plunged 67% in Q2.
Over in the markets, Zipmex is in talks with potential buyers.
FTX proposes liquidity plan for Voyager Digital customers.
And finally, FTX reportedly in talks to buy South Korean crypto exchange Bithumb.
We’ll have more on those stories — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast July 25.