THIS WEEK IN CRYPTO

  • Amazon Reportedly To Launch NFT Marketplace Next Month. The company will reportedly launch 15 NFT collections alongside its marketplace on April 24, according to anonymous sources. The report went on to say the marketplace will be available as a tab on Amazon’s main website titled Amazon Digital Marketplace. The platform will initially be available to U.S.-based customers.
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  • Crypto Bank Silvergate to Shut Down. The company said the decision to shutter operations was in light of recent industry and regulatory developments. According to the company, the Silvergate Bank liquidation plan included full repayment of all deposits.* With the future absence of Silvergate, it’s unclear what the impact will be on other crypto firms.

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