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The collapse of Silvergate Bank, a crypto-focused institution, has sent shockwaves through the cryptocurrency world. This unexpected shutdown raises questions about the stability of the crypto ecosystem and its future. Dylan LeClair offers insights into the impact of Silvergate's failure, highlighting potential risks and opportunities in the wake of this seismic event.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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