Por: Los Angeles Times Business January 06, 2023
San Diego’s Silvergate Capital made one of the U.S. banking world’s biggest bets on crypto. Now it’s reeling from a run on deposits and a massive loss, intensifying fears the collapse of crypto exchange FTX may seep elsewhere into the financial system. “The worst-case scenario seems to have come to pass” for Silvergate, Jared Shaw, an analyst at Wells Fargo, said in a note after the company’s announcement. Silvergate shares cratered... + full article
CNBC USA Tech January 06, 2023
In this articlePavlo Gonchar Lightrocket Getty ImagesShares of sank 42.7% on Thursday after the crypto-focused bank released preliminary fourth-quarter results that showed massive customer withdrawals.Total deposits from digital asset customers declined to $3.8 billion from... + más
Sen. Warren demands answers from Silvergate Bank about its business dealings with FTX | CNBC
Sen. Warren demands answers from bank that dealt extensively with FTX | NBC News
Los Angeles Times USA Business December 14, 2022
San Diego’s Silvergate Capital made its name in recent years as one of a few traditional banks providing deposit, fund transfer, security and other services for the cryptocurrency trading market. But two-high profile crypto exchange bankruptcies — one of which is alleged to... + más
For subscribers: San Diego’s Silvergate warns of more losses, viability of its business after crypto crisis | Los Angeles Times
NBC News USA Business December 06, 2022
When it came to pitching banking services to the crypto community, Silvergate Bank held an ace card: an endorsement from none other than Sam Bankman-Fried, the celebrity founder of FTX, a large and popular crypto exchange. “Life as a crypto firm can be divided up into before... + más
Andrew Warren’s chief of staff undercuts argument in DeSantis lawsuit | Orlando Sentinel
FTX confirms 'unauthorized transactions' as $1B in crypto reportedly vanishes | Fox Business
CNBC USA Tech December 06, 2022
When it came to pitching banking services to the crypto community, Silvergate Bank held an ace card: an endorsement from none other than Sam Bankman-Fried, the celebrity founder of FTX, a large and popular crypto exchange.Life as a crypto firm can be divided up into before... + más
Silvergate Earnings Finally Catching Crypto Winter Chill | Forbes
MarketWatch USA Business December 05, 2022
A team of banking analysts led by Manan Gosalia at (MS) downgraded the bank to Underweight from Equal Weight, saying continued stress in crypto markets may weigh on Silvergate’s ability to make money. Silvergate didn’t immediately respond to a request for comment. Wall... + más
MarketWatch USA Business November 17, 2022
While some crypto enthusiasts may be pleased to see regulators and incumbent financial players take interest in the industry, others players in the industry may be threatened. Silvergate has been looking to launch its own stablecoin—a digital asset whose value is pegged to the... + más
Forbes USA Business October 18, 2022
Slivergate CEO Alan Lane, second from right, is applauded as he rings the New York Stock Exchange ... [+] opening bell before his bank's IPO begins trading, Thursday, Nov. 7, 2019. (AP Photo/Richard Drew)Copyright 2019 The Associated Press. All rights reserved Crypto winter... + más
Silvergate Capital Stock Falls After Earnings Miss. The Crypto Winter Is Biting. | MarketWatch
Can Your Financial Advisor Give Advice On Crypto? | Forbes
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