Por: Forbes Business March 04, 2023
stock market, stablecoingetty While stocks gained ground this week and many seemed to be recovering from the late February sell-off, these 3 well-known names slumped to new 52-week lows. CVS Health (NYSE: CVS), Hormel Foods (NYSE: HRL) and Silvergate Capital (NYSE: SI) continued downward with little sign of bottoming. CVS Health in February reported decent 4th quarter revenues and earnings but that hasn’t stopped investors from selling the... + full article
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
For subscribers: San Diego’s Silvergate warns of more losses, viability of its business after crypto crisis | Los Angeles Times
Sen. Warren demands answers from Silvergate Bank about its business dealings with FTX | CNBC
MarketWatch USA 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... + más
Crypto-focused bank Silvergate is shutting operations and liquidating after market meltdown | CNBC
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
Fox Business USA Business March 03, 2023
Brown Rudnick partner Hailey Lennon gives her take on the cryptocurrency storm on 'Making Money.' Silvergate Capital is expressing doubts about its ability to say in business. The holding company that provides financial services to crypto firms issued a going concern... + más
Sen. Warren demands answers from bank that dealt extensively with FTX | NBC News
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
CNN USA Business October 01, 2022
New York CNN Business — Spam is cool. The 85-year-old canned block of meat has undergone a cultural . Hormel has sold a record amount of Spam for seven straight years, and 2022 is on pace for another such milestone. The conglomerate behind Skippy and Jennie-O turkey says... + más
Twitter Whistleblower Could Shake Up Trial With Elon Musk | Vanity Fair
Elon Musk’s War With Twitter Is Going Nuclear | Vanity Fair
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