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Crypto-focused bank Silvergate is shutting operations and liquidating after market meltdown

Por: CNBC Tech March 09, 2023

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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 companies, along with New York-based . Silvergate has just over $11 billion in assets, compared with over $114 billion at Signature. Bankrupt crypto exchange FTX was a... + full article



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