Silvergate

Paxos Shields From Silvergate And SEN Network Failures

Paxos recently made an announcement on Twitter regarding its relationship with Silvergate, a prominent cryptocurrency bank.

2 years ago

Silvergate Is Seeking FDIC Help To Avoid Company Closures

Silvergate Capital had to rely on the help of US regulators to maintain the bank's operations amid mounting difficulties.

2 years ago

Block.One Founder Lost Over $70 Million Due To Holding Silvergate Stock

Key Points: Brendan Blumer, the founder of EOS and Block.One, spent nearly $90 million to acquire 9.27% of Silvergate shares.…

2 years ago

BCB Group To Replace Silvergate, Now Ramps Up USD Capabilities

Key Points: BCB Group, a UK-based payments processor for crypto companies, is launching a BLINC dollar component to fill the…

2 years ago

Expose: Silvergate Capital Corp. Bad Debts Are Its Deposits, Not Assets

Key Points: If Silvergate Capital Corp. fails, it may be the first bank to die because of bad debts rather…

2 years ago

Weekly Top Crypto News (Feb 27 – March 5)

A rather bearish week for the crypto market, with Bitcoin turning around at the $25,000 resistance area. Besides, Silvergate's crisis…

2 years ago

Will Silvergate Hit A Crypto Dead End?

Key Points: Silvergate is still under scrutiny by the SEC and the bank, but it's still in the midst of…

2 years ago

Silvergate Bank Must Pay Back $9.85 Million To BlockFi In Reserve Account

Key Points: On Friday, a U.S. bankruptcy judge announced that Silvergate Bank must pay $9.85 million to crypto lender BlockFi.…

2 years ago

Circle Will Transfer A Part Of Silvergate’s USDC Reserve Deposits

Key Points: Circle made the announcement that it will be transferring a little amount of USDC reserve deposits held by…

2 years ago

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