March 6, 20233 min read, 636 words
Published: March 6, 2023 | 3 min read, 636 words
By November 16, EOS and Block.One founder Brendan Blumer had spent over $90 million to buy 9.27% of Silvergate stock. Since then, the crypto-friendly bank has collapsed by over 80% — Blumer has personally lost at least $74 million. In a press release announcing Block.One and Blu...
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The article presents a well-researched account of the personal investment of Brendan Blumer, the founder of Block.One, in the digital bank, Silvergate. The article utilizes reliable sources and financial data to support its claims and is presented clearly and coherently. The structure of the article is sound, and the information is conveyed logically.