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    • The U.S-based crypto mining firm Giga Watt filed for chapter 11 bankruptcy this past Monday, but it still owes creditors some $7 million.
    • Insurance coverage in the crypto space totals about $6 billion, a mere drop in the bucket for a market cap of $140 billion.
    • Six days after the bitcoin cash hard fork, it appears that the chains will be permanently split.
    • Silvergate Bank has 483 crypto startups as its clients, according to a filing it made as part of an initial public offering.

    Late Confirmation is a CoinDesk production.

    For more information, visit www.CoinDesk.com

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