Embattled banking institution Silvergate has closed down its crypto payments network, which once formed the backbone of institutional crypto transfers. “Effective immediately Silvergate Bank has...
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Crypto’s favourite bank, Silvergate, is sailing through a problematic financial storm following a wave of partnership terminations and rumoured investigation linked...
Companies throughout the digital assets industry distanced themselves from Silvergate Thursday after the crypto-friendly bank delayed the filing of its annual 10-K report with...
Crypto-friendly bank Silvergate is coming under increased scrutiny as the U.S. Department of Justice reportedly investigates the bank’s role in the collapse of the...
California-based crypto bank Silvergate has suspended dividend payouts to preserve its “highly liquid balance sheet.”In a Jan. 27 announcement, the firm stated that it...
U.S.-based cryptocurrency bank Silvergate Capital Corp., which saw clients withdraw more than US$8 billion late last year, on Tuesday reported a US$1 billion loss...
A digital asset-friendly bank known for serving crypto firms is announcing tremendous losses from the last quarter of 2022.
Silvergate Capital, which became a publicly...
Crypto bank Silvergate’s latest financials indicate the firm has been hit hard by the ongoing crypto crisis. The firm’s Q4 report indicated a $1 billion...
Silvergate Bank, which currently faces a class-action lawsuit over its FTX and Alameda Research dealings, has announced a $1 billion net loss attributable to...
A class-action lawsuit is now being brought against Silvergate Bank because of its interactions with FTX and Alameda Research. Silvergate Bank has declared that...