Silvergate

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…

1 year 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…

1 year 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…

1 year 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…

1 year 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.…

1 year 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…

1 year 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…

1 year 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…

1 year ago

Silvergate Reduces Headcount By 40%, Takes An Impairment Charge Of $196 Million

Key Points: As a result of consumers withdrawing deposits in Q4, Silvergate Capital announced it is taking a $196 million…

1 year ago

This website uses cookies.