Crypto Investor Jitters Linger Amid Silvergate Turmoil; ConsenSys to Roll Out zkEVM Public Testnet

The most valuable crypto stories for Friday, March 3, 2023.

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ABOUT

"The Hash" team discusses the crypto market reaction to a growing group of crypto firms ending its relationship with Silvergate. Plus, ConsenSys, a top software firm working on the Ethereum blockchain, is rolling out a zero-knowledge Ethereum Virtual Machine (zkEVM) public testnet on March 28, intensifying the race among top crypto firms to be first to go fully live with the fast-emerging technology.

Was Silvergate on Borrowed Time as Regulators Backed Banks Away From Crypto?

Crypto Bank Silvergate Downgraded by JPMorgan, Canaccord Amid Doubts of Firm’s Solvency

MicroStrategy Says It Doesn’t Have Any Assets Custodied With Silvergate

This episode has been edited by Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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HOSTS

Christie Harkin

Christie Harkin is CoinDesk's managing editor of technology. Prior to joining CoinDesk, Christie was the managing editor at Bitcoin Magazine. A graduate of the University of Toronto with a specialist degree in English and Linguistics, she also completed post-degree courses in publishing at Ryerson University. Before diving into Bitcoin and blockchain tech in 2015, Christie was a children's book editor and publisher. She co-founded Clockwise Press where she edited and published the Canadian Children's Book of the Year award winning picture book, Missing Nimama.
Christie holds some bitcoin and non-material amounts of other crypto tokens.

Benjamin Schiller

Benjamin Schiller is CoinDesk's managing editor for features and opinion. Previously, he was editor-in-chief at BREAKER Magazine and a staff writer at Fast Company. He holds some ETH, BTC and LINK.

David Z. Morris

David Z. Morris was CoinDesk's Chief Insights Columnist. He has written about crypto since 2013 for outlets including Fortune, Slate, and Aeon. He is the author of "Bitcoin is Magic," an introduction to Bitcoin's social dynamics. He is a former academic sociologist of technology with a PhD in Media Studies from the University of Iowa. He holds Bitcoin, Ethereum, Solana, and small amounts of other crypto assets.