Silvergate

Silvergate Claims Limited Exposure To Genesis

Key Points: In line with Genesis's recently reported bankruptcy case, Silvergate Capital released an update on its operations. According to…

2 years ago

Binance Announces Signature Sets To Disrupt SWIFT Transfers Below $100,000

Key Points: As the bank reduces its exposure to digital-asset markets, Binance, the biggest cryptocurrency exchange in the world, announced…

2 years ago

Crypto Banks Borrowed Over $13 Billions To Resist The Effects Of A Surge In Withdrawals

Key Points: In an effort to stop a wave of client withdrawals, two of the largest crypto banks serving cryptocurrency…

2 years ago

FTX And Alameda Dealings Are The Subject Of DOJ Investigation Into Silvergate

Key Points: US Department of Justice's fraud unit is looking into the cryptocurrency bank Silvergate because of its connections to…

2 years ago

Crypto Bank Silvergate Reports A $1 Billion Net Loss For Q4 2022

Key Points: In the fourth quarter of 2022, Silvergate Bank will have a net loss of $1 billion that is…

2 years ago

Weekly Top Crypto News (Jan 9 – Jan 15)

A rather volatile week for the market as Bitcoin officially reclaimed the $20,000 mark after a long period of gloom.…

2 years ago

Silvergate, A “Crypto-Friendly Bank,” Has Been Sued For Securities Law Violations

Key Points: A class-action lawsuit has been filed against Silvergate Bank in the Southern District Court of Southern California, alleging…

2 years ago

Silvergate Declines In The Pre-market After Suspending The Preferred Dividend

Key Points: Before the market opened, Silvergate lost more than 6% of its value after reporting that it has stopped…

2 years ago

The ARK Fintech Innovation ETF Has Officially Sold Off 99% Of Silvergate Shares

Key Points: On Thursday, January 6, Cathie Wood's ARK Fintech Innovation exchange-traded fund sold around 404,000 shares of Silvergate, reducing…

2 years ago

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