Por: MarketWatch Business March 04, 2023
Until recently, some major token issuers said they sometimes kept at least a portion of their reserves at La Jolla, Calif.-based Silvergate. The bank this week it would delay filing its annual report and warned about its ability to “continue as a going concern.” The disclosure, made in a securities filing late Wednesday, sent its stock crashing more than 55% to $5.77 at Friday’s close. Token issuers say that, for every token, there is at... + full article
Forbes USA Business March 10, 2023
The Silvergate Bank headquarters in La Jolla, California, US. Silvergate Capital Corp. announced its ... [+] intent to wind down operations and voluntarily liquidate Silvergate Bank. Photographer: Ariana Drehsler/Bloomberg© 2023 Bloomberg Finance LP Silvergate Capital... + más
For subscribers: San Diego’s Silvergate warns of more losses, viability of its business after crypto crisis | Los Angeles Times
Crypto-focused bank Silvergate is shutting operations and liquidating after market meltdown | CNBC
Fox Business USA Business March 09, 2023
Bitcoin Foundation Chairman Brock Pierce argues America and its principles were built to be 'very much aligned' with cryptocurrency. Silvergate Bank will be wound-down and liquidated, the California-based said Wednesday. In a , Silvergate said it thought the best path... + más
CNBC USA Tech March 09, 2023
In this articleOmar Marques Lightrocket Getty Images, a central lender to the crypto industry, that it's winding down operations and liquidating its bank. The stock plunged more than 36% in after-hours trading.Silvergate has served as one of the two main banks for crypto... + más
Sen. Warren demands answers from Silvergate Bank about its business dealings with FTX | CNBC
MarketWatch USA Business March 07, 2023
The research firm also found that since 2017, the market share of dollar-to-tether trade volume, for Bitcoin trading pairs, had climbed from 3% to 92%, recently hitting an all time high in the aftermath of the FTX collapse. Investors are turning to Tether, which is owned by Hong... + más
Los Angeles Times USA Business March 03, 2023
San Diego’s crypto-friendly Silvergate Bank has disclosed that its financial health has taken a turn for the worse amid continued troubles plaguing the digital currency industry — raising questions about its ability to remain a going concern. Silvergate, which tailored its... + más
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
Sen. Warren demands answers from bank that dealt extensively with FTX | NBC News
Silvergate Earnings Finally Catching Crypto Winter Chill | Forbes
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