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Here's what could happen next to crypto-friendly bank Silvergate Capital
Yahoo Finance· 1 year agoOnce a crucial banking partner for the crypto firms, Silvergate Capital (SI), is now on the cusp of...
Crypto-focused bank Silvergate plans to wind down following blow from FTX
Reuters via Yahoo Finance· 1 year agoCrypto-focused bank Silvergate Capital Corp said on Wednesday it planned to wind down operations and...
Crypto-Friendly Bank Silvergate Is Most Shorted Stock
Decrypt Media via Yahoo Finance· 1 year agoCrypto-friendly Silvergate Bank has clinched the title of most shorted stock on Wall Street—a strong...
Crypto Bank Silvergate Announces 'Voluntary Liquidation'
CoinDesk via Yahoo Finance· 1 year agoThe Federal Deposit Insurance Corporation has taken over Silvergate Bank, which saw prominent...
Was Silvergate on Borrowed Time as Regulators Backed Banks Away From Crypto?
CoinDesk via Yahoo Finance· 1 year agoSilvergate Bank is being hollowed out as its customers retreat following the disclosure that it has...
Crypto Bank Silvergate Hit With Class Action Lawsuit Over FTX, Alameda Dealings
Decrypt Media via Yahoo Finance· 1 year agoA class action lawsuit against Silvergate Bank, Silvergate Capital Corporation, and Silvergate CEO...
Board Member of Crypto-Friendly Silvergate Bank Leaves for Polygon
Decrypt Media via Yahoo Finance· 1 year agoA member of Silvergate’s board of directors resigned Thursday, the crypto-friendly bank disclosed in...
Silvergate Talking With FDIC About How to Save Crypto-Focused Bank: Bloomberg
CoinDesk via Yahoo Finance· 1 year agoFederal Deposit Insurance Corp (FDIC) officials have been consulting with executives of troubled...
Coinbase, Galaxy Digital abandon Silvergate after bank warns about its viability
Reuters via Yahoo Finance· 1 year ago(Reuters) -Cryptocurrency heavyweights including Coinbase Global Inc and Galaxy Digital on Thursday...
The Rise and Fall of Silvergate’s Crypto Business
CoinDesk via Yahoo Finance· 1 year agoSilvergate Bank lost more than $8 billion in deposits from its crypto customers in the final months of 2022 as its core block of business crumbled under...
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