Paxos recently made an announcement on Twitter regarding its relationship with Silvergate, a prominent cryptocurrency bank.
Silvergate Capital had to rely on the help of US regulators to maintain the bank's operations amid mounting difficulties.
Key Points: Brendan Blumer, the founder of EOS and Block.One, spent nearly $90 million to acquire 9.27% of Silvergate shares.…
Key Points: BCB Group, a UK-based payments processor for crypto companies, is launching a BLINC dollar component to fill the…
Key Points: If Silvergate Capital Corp. fails, it may be the first bank to die because of bad debts rather…
A rather bearish week for the crypto market, with Bitcoin turning around at the $25,000 resistance area. Besides, Silvergate's crisis…
Key Points: Silvergate is still under scrutiny by the SEC and the bank, but it's still in the midst of…
Key Points: On Friday, a U.S. bankruptcy judge announced that Silvergate Bank must pay $9.85 million to crypto lender BlockFi.…
Key Points: Circle made the announcement that it will be transferring a little amount of USDC reserve deposits held by…
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