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President Herbert Hoover Saves the Day for a Crypto Bank? Yeah, That’s Weird
15.1.2023
Silvergate got propped up by the Federal Home Loan Bank system created in 1932
Crypto Bank Juno Chooses Zero Hash to Be New Custodian
6.1.2023
The company's former custodian, Wyre, is scaling back its services
MicroStrategy, Marathon Digital Shares Fall Amid Crypto Bank Silvergate's Woes
5.1.2023
Silvergate also cut 40% of its staff and has written off the $196 million related to its Diem acquisition
Silvergate in Trouble: Crypto Bank Cuts Staff by 40% Amid a 68% Decline in Crypto Deposits
5.1.2023
Trouble is brewing for crypto bank Silvergate as the company cuts staff by 40% and sells assets at a loss to cover $8.1 billion worth of customer withdrawals. Furthermore, the company's crypto-related deposits saw a 68% decline in the fourth quarter of last year.
According to a Thursday report by...
Crypto Bank Juno Tells Customers to Self-Custody or Sell Amid Custodian Wyre's Turmoil
5.1.2023
Juno's current custodian, Wyre, will liquidate in January
Approach with caution: US banking regulator’s crypto warning
9.12.2022
The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management
Crypto Bank Signature Suffers Another Analyst Downgrade; Shares Fall
7.12.2022
Raymond James is the latest Wall Street firm to cut its rating on the stock, following Morgan Stanley’s move earlier this week
Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren
6.12.2022
Senator Elizabeth Warren (D-Mass) and two GOP senators have asked crypto-friendly bank Silvergate (SI) for answers over its supposed role in facilitating transfers between bankrupt exchange FTX and its sister firm Alameda Research, NBC reported Tuesday
Crypto Bank Silvergate Cut to Underweight at Morgan Stanley Following FTX Collapse
5.12.2022
Already down more than 50% over the past month, the bank’s shares are lower by another 3% in premarket action Monday morning
Silvergate denies recent FUD, confirms minimal exposure to BlockFi
29.11.2022
Silvergate Capital has been quick to distance itself from the now-bankrupt crypto lender BlockFi
Crypto Bank Silvergate Says Its BlockFi Digital Asset Deposit Exposure Totals Less Than $20M
29.11.2022
The bank's shares closed down 11% to $25.90 on Monday, after BlockFi bankruptcy filing
Founder of EOS Developer Block.One Buys 9.3% of Crypto Bank Silvergate
23.11.2022
The purchase make Brendan Blumer the largest holder of Silvergate
Bank of England Deputy Governor: FTX Collapse Highlights Urgent Need for Tighter Crypto Regulation
23.11.2022
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, says the collapse of cryptocurrency exchange FTX has highlighted the urgent need for tighter crypto regulation. “We should not wait until it is large and connected to develop the regulatory frameworks necessary...
Shares of Crypto Bank Silvergate Continue to Fall Despite CEO’s Remarks
18.11.2022
Traders seem to be anticipating Silvergate could be significantly affected by the collapse of FTX
Crypto Bank Silvergate Bucks Market Rally as FTX Exposure Is Questioned
15.11.2022
Silvergate shares were down about 7% while other crypto-linked stocks rallied Tuesday
Crypto Bank Silvergate Capital Surges on Lack of FTX Exposure
11.11.2022
The lender said it has no outstanding loans nor investments in the bankrupt crypto exchange
Crypto Bank Silvergate’s Stock Defended By Analysts Amidst FTX Concerns
9.11.2022
Silvergate shares have fallen this week on broader crypto market worries, including the fact that FTX is a customer of theirs
FTX Token, BNB and Solana soar after Binance CEO inks potential deal to acquire FTX
8.11.2022
Solana and FTX token saw a sharp rebound after headlines announced that Binance would acquire FTX due to liquidity issues, but will the upside last?
Swiss-Based Crypto Bank SEBA Offers Custody for 'Blue Chip' NFTs
26.10.2022
SEBA is extending its digital asset custody services to blue-chip NFTs such as Bored Apes and CryptoPunks
German Crypto Bank Nuri Asks Clients to Withdraw Funds as It Goes Out of Business
20.10.2022
Digital asset platform Nuri has told customers to withdraw their funds in the next two months, after taking a hit from the crypto winter. Formerly known as Bitwala, the Berlin-headquartered cryptocurrency bank filed for insolvency earlier this year and failed to find a buyer. Nuri to Maintain...