Top crypto tweets of the day – March 2nd

Coinbase announced that it is no longer accepting or initiating payments to or from Silvergate. Crypto friendly bank Silvergate said it would be unable to meet an extended March 16 deadline for submitting its annual report. Its stock price has down -45.37% on Pre-Market.

— Wu Blockchain (@WuBlockchain) March 2, 2023

NEW⚠️ Cryptocurrency exchanges cannot be relied on as qualified custodians – SEC Chair

We need transparent audits now‼️ pic.twitter.com/BLqWc96yXq

— Bitcoin Archive (@BTC_Archive) March 2, 2023

Ethereum developers are targeting March 14 for the Goerli test network to run through the Shanghai upgrade. If the launch of Shanghai on Goerli goes over smoothly, Ethereum stakeholders can expect a mainnet launch of the upgrade during the 2nd week of April. HT @christine_dkim

— Wu Blockchain (@WuBlockchain) March 2, 2023

Allowing $DAI to be minted with $MKR would be a huge mistake, opening up Maker and DAI to a bank run

If MKR is used as collateral for DAI, that MKR may have to be liquidated someday$MKR has awful liquidity at only $2m, worse than $AAVE and $LDO

Good luck liquidating $100m https://t.co/Rp3rmncy2j pic.twitter.com/HcyazCJs2Y

— Conor Ryder (@ConorRyder) March 2, 2023

🚨GEMINI STORED $GUSD BACKING DOLLARS WITH SILVERGATE, DID THE WINKLEVII GET RUG-PULLED AGAIN?

THEY ALSO MAKE THE CLAIM THAT $GUSD MAY BE ELIGIBLE FOR FDIC COVERAGE.

IS THIS TRUE @FDICgov? pic.twitter.com/pTGrVBrhuG

— DIRTY BUBBLE MEDIA: RUN. (@MikeBurgersburg) March 2, 2023

BREAKING:

U.S Senators including Elizabeth Warren accuse Binance of facilitating $10 Billion in payments to criminals

— whalechart 🐳 (@WhaleChart) March 2, 2023

Price down + Open interest down = Shorts opening.

If all those are shorts.. we will probably see a squeeze soon.$BTC pic.twitter.com/rqr7gIXZKy

— Inmortal (@inmortalcrypto) March 2, 2023

This wallet once reached as high as 1.2 Billion Dollars in 2021 when the ETH was at ATH.

Seems like he either have Golden Hands or Lost access to wallet or Lost access to this world !!!

Most probably the Second 2#Ethereum #ETH #Whale #ICO https://t.co/9at6pJCZXR pic.twitter.com/MQKpcP5IcR

— Yash ₿🛸(💙,🧡) (@yaswanthysr) March 2, 2023

BREAKING:

UK banking giants Santander and Lloyds in restricting customers' ability to buy Bitcoin and crypto

— whalechart 🐳 (@WhaleChart) March 2, 2023

JUST IN: 🇺🇦 20,000 Ukrainians have signed up to a free Cryptocurrency course sponsored by the government. pic.twitter.com/cO9DBYGi0x

— Bitcoin Archive (@BTC_Archive) March 2, 2023

Korean designer @heyproject7 has accused Binance’s new AI-generated NFT tool Bicasso of copying chatcasso, his product that just won the 1st prize winner at the BNB Chain Hackathon. So far, neither Binance nor CZ has responded. https://t.co/peomJkT16P https://t.co/zCZm5ujGul

— Wu Blockchain (@WuBlockchain) March 2, 2023

The AI is over worked for the moment. Maybe space out your requests for a bit later please, until more clones come online… 😂 https://t.co/BBRevAdIUc

— CZ 🔶 Binance (@cz_binance) March 1, 2023

The FTX Debtors Publish Second Presentation for Stakeholders; New Information Describes Magnitude of the Shortfalls Discovered at the https://t.co/UcxkZgYa2n and https://t.co/fCVvH9R9wu Exchanges: https://t.co/y7GlwmaSmy

— FTX (@FTX_Official) March 2, 2023

1/ We maintain relationships with several banking partners. We are sensitive to the concerns around Silvergate and are in the process of unwinding certain services with them and notifying customers. Otherwise, all Circle services, including USDC are operating as normal.

— Circle (@circle) March 2, 2023

USDC, GUSD, TUSD all hold some portion of USD reserves at Silvergate as of Dec 22

— db (@tier10k) March 2, 2023

I've made an animated mini-documentary about CZ and Binance using Midjourney AI. It took me MANY hours to depict CZ's facial expressions, and physical appearance to make it look just like the real CZ. But it was a really exciting and interesting process. Full vid link in comments pic.twitter.com/urrXgaNEX6

— Framer 🇺🇦 (@0xFramer) February 27, 2023

#PeckShieldAlert Scammer #MonkeyDrainer, who runs theft schemes for multiple clients (a sort of 'scam-as-a-service') announced to shut down their service
~200 $ETH has been transferred to Tornado Cash within the last 24 hours, while ~840 $ETH (~$1.4M) sits in their main address pic.twitter.com/1lg3KLRxhk

— PeckShieldAlert (@PeckShieldAlert) March 1, 2023

Silvergate keeps going; down 50% pre-market to new all-time low🫠 pic.twitter.com/pX8b5jYV6D

— db (@tier10k) March 2, 2023