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Tag: Silvergate

Silvergate CEO Alan Lane to Step Down Amid Bank’s Liquidation

Silvergate Bank’s CEO and two other key executives will leave their roles amid the firm’s ongoing liquidation proceedings. Photo...

Silvergate CEO Departs With Benefits as Bank Shutdown Continues – Decrypt

Silvergate CEO Alan Lane and Chief Legal Officer John Bonino left the company on Tuesday as the firm, once known for its crypto-friendly bank,...

Growing Regulatory Concerns Push US Bank Stocks Downward

The stocks of US banks stumbled today (Tuesday) amidst fears of stricter regulations and possible additional downgrade of several lenders in the country. Specifically, the S&P 500...

US Banking System Faces Crypto-Asset Risks, FDIC Warns in 2023 Review

The Federal Deposit Insurance Corporation (FDIC) has highlighted potential risks associated with crypto-assets to the U.S. financial framework. This insight emerged from the FDIC's...

OctaFX Turns 12: Here are a Dozen Most Crucial Financial Market Events of the Past Year

The past year thoroughly shook the financial markets and had a lasting impact on the Forex market. As OctaFX celebrates its 12th anniversary, the...

Bitcoin slips but remains in ‘bullish scenario’ above US$27,500; Ether, most top 10 cryptos slide

Bitcoin and Ether fell during Friday afternoon trading in Hong Kong, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization. Despite its...

StashAway’s private-markets product gains traction

StashAway has publicly landed a multi-family office that is using it to source a variety of asset classes, including private equity and venture capital....

Moody’s Mulls Downgrades For Top U.S. Banks Citing Funding Risks

Big Three credit rating agency Moody’s has downgraded numerous regional banks in the United States due to weak earnings last quarter and sizable...

Data Shows 97 Crypto Funds Have Collapsed This Year

Join Our Telegram channel to stay up to date on breaking news coverage 2023 has been tumultuous for the crypto industry, as 13% of all...

Bitcoin Massively Outperforms Crypto Hedge Funds in 2023: Report

According to data from Switzerland-based investment adviser 21e6 Capital AG, around 13% of crypto hedge funds have shut down so far this year....

Utopia Labs Enables USDC ‘Transfers’ to US Bank Accounts

Utopia Labs, a Paradigm-backed payments firm, launched a new service allowing U.S-based firms to send USDC to domestic bank accounts on July 20.The new...

Marathon Digital Mined 21% Less BTC in June due to Extreme Weather Conditions in Texas

One of the leading cryptocurrency mining companies – Marathon Digital – produced 979 BTC in June, 21% less than the 1,245 BTC mined...

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