silvergate bank

US Regulators Causing Panic of Crypto Banking Services, Former Solicitors General AccusesUS Regulators Causing Panic of Crypto Banking Services, Former Solicitors General Accuses

US Regulators Causing Panic of Crypto Banking Services, Former Solicitors General Accuses

Former U.S. Attorney General Donald Verrilli criticizes federal regulators for allegedly blocking crypto banking services.

6 months ago
FDIC Flags Complex Risks For US Banking Amidst Digital Asset SurgeFDIC Flags Complex Risks For US Banking Amidst Digital Asset Surge

FDIC Flags Complex Risks For US Banking Amidst Digital Asset Surge

The Federal Deposit Insurance Corporation (FDIC) has sounded a cautionary note about the potential risks that cryptocurrency-related activities pose to…

1 year ago
Shareholders Of Marathon Digital To Launch Legal Battle With Allegations Of BreachShareholders Of Marathon Digital To Launch Legal Battle With Allegations Of Breach

Shareholders Of Marathon Digital To Launch Legal Battle With Allegations Of Breach

Shareholders sue Marathon Digital's CEO and executives, alleging breach of duties and mismanagement.

1 year ago
Silvergate Agrees With The Fed With A Self-Liquidation Plan Within 10 DaysSilvergate Agrees With The Fed With A Self-Liquidation Plan Within 10 Days

Silvergate Agrees With The Fed With A Self-Liquidation Plan Within 10 Days

Silvergate Bank has agreed to the Federal Reserve's order and will submit a self-liquidation plan to the California financial regulator…

2 years ago
Ceffu Takes Against Reuters’ Allegations That Client Asset Never CommingledCeffu Takes Against Reuters’ Allegations That Client Asset Never Commingled

Ceffu Takes Against Reuters’ Allegations That Client Asset Never Commingled

Ceffu, Binance's crypto custody platform, said that customers' digital assets in cold wallets are never commingled.

2 years ago
Binance Fights Allegations Of Abuse Of Client FundsBinance Fights Allegations Of Abuse Of Client Funds

Binance Fights Allegations Of Abuse Of Client Funds

Binance has responded to a Reuters special investigation alleging that the crypto exchange mixed consumer cash with company income.

2 years ago
FDIC Chair: Signature Bank Didn’t Understand Crypto’s Risks Leads to Its Rapid FailureFDIC Chair: Signature Bank Didn’t Understand Crypto’s Risks Leads to Its Rapid Failure

FDIC Chair: Signature Bank Didn’t Understand Crypto’s Risks Leads to Its Rapid Failure

FDIC chair said at a hearing on "Oversight of Prudential Regulators" that bad management was the primary reason for Signature…

2 years ago
NYSE Suspends Silvergate, 230 Jobs Will Be CutNYSE Suspends Silvergate, 230 Jobs Will Be Cut

NYSE Suspends Silvergate, 230 Jobs Will Be Cut

Key points: Silvergate Capital shares are suspended from trading on the New York Stock Exchange (NYSE). Failed bank declares shut…

2 years ago
RBI Governor: The US Bank Crisis Highlights Crypto RisksRBI Governor: The US Bank Crisis Highlights Crypto Risks

RBI Governor: The US Bank Crisis Highlights Crypto Risks

According to the governor of RBI, the current US banking crisis plainly highlights the threats cryptocurrencies present to the financial…

2 years ago