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BREAKING: Silvergate Bank Enters Voluntary Liquidation
CoinMarketCap via Yahoo Finance· 1 year agoBREAKING: Silvergate Bank Enters Voluntary Liquidation Listen to the CoinMarketRecap podcast on...
Binance Moved Billions Through US Bank Accounts Controlled by CZ, Says SEC
Decrypt Media via Yahoo Finance· 11 months agoBillions of dollars of Binance-related funds routinely flowed through Signature Bank and Silvergate...
Why Silvergate Bank is Winding Down… and Why It's a Big Blow to Crypto
CoinMarketCap via Yahoo Finance· 1 year agoWhen mainstream banks were closing traders' accounts, Silvergate embraced cryptocurrency exchanges....
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...
Coinbase Halts Payments With Silvergate Bank
Decrypt Media via Yahoo Finance· 1 year agoCoinbase, the largest cryptocurrency exchange in the U.S. in terms of trading volume, today announced it is halting payments to and from Silvergate bank....
How Silvergate’s Crypto Collapse Differed From Silicon Valley Bank’s: No Bailout
CoinDesk via Yahoo Finance· 1 year agoFor all the angst this week about how troubles in the crypto industry are fueling a banking crisis,...
Silvergate Stock Drops Over 50% as Crypto Clients Flee Beleaguered Bank
CoinDesk via Yahoo Finance· 1 year agoThe vast majority of crypto-friendly Silvergate Bank's (SI) industry clients have left or are...
Looking at Some Unanswered Signature and Silvergate Bank Questions
CoinDesk via Yahoo Finance· 1 year agoIt seems the crypto industry still has some questions about Signature and Silvergate’s shutdowns....
Crypto Is the Solution to Bank Runs, Not the Cause
CoinDesk via Yahoo Finance· 1 year agoOver the last few weeks, we saw Silicon Valley Bank close and get taken over by the Federal Deposit Insurance Corporation, which guaranteed deposits and...
Bitcoin Miner Marathon Digital Terminates Credit Facility With Crypto Bank Silvergate
CoinDesk via Yahoo Finance· 1 year agoOne of the largest bitcoin miners, Marathon Digital (MARA), said it terminated its credit facilities...
