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The crypto market is down today after fallout from Silvergate Bank and a U.S. regulator-led lawsuit against KuCoin weighed on investor sentiment.

Silvergate’s closure may increase risks related to banking concentration and introduce new challenges for venture capital firms, sources claim.

The company claimed that the bank’s voluntary liquidation is its best path forward due to recent industry and regulatory developments.

In a brief and straightforward message, crypto exchange Gemini denied rumors, saying its banking relationship with JPMorgan remains intact.

Cointelegraph spoke with women from different backgrounds, projects, countries, and generations about career, diversity, and their journeys in crypto.

The Lummis-Gillibrand bill is expected to offer regulatory clarity for many crypto projects and determine whether they fall under the purview of the SEC or CFTC.

An NFT generator powered by artificial intelligence was recently launched by crypto exchange Binance, with 10,000 mints in 2.5 hours.

The strength in the U.S. dollar suggests that the risky assets may remain under pressure in the near term, but Bitcoin and select are showing signs of resilience.

Challenges women face within the industry include the lack of representation and toxic ”bro culture.“

Significant headwinds continue to batter BTC price, and this week’s options expiry is unlikely to provide any relief.