Silvergate Capital is a bank that provides services for the crypto market. It provided -- and still provides -- depository services for other companies that are in the crypto space. One of these ...
Silvergate Bank will be wound-down and liquidated, the California-based Silvergate Capital said Wednesday. In a press release, Silvergate said it thought the "best path forward" was the wind-down and ...
(Bloomberg) -- Silvergate Capital Corp.’s woes deepened on Thursday, a day after the bank raised questions about whether it can stay in business, with the shares plummeting to a record low and key ...
Shares of the crypto bank Silvergate Capital (NYSE: SI) popped as much as 18% earlier today after the hedge fund Citadel Securities, which is run by Ken Griffin, disclosed a 5.1% stake in the ...
The significant outflow of Silvergate deposits, that the company has experienced, is indicative of a significant crisis of confidence. Along with the deposits, Silvergate will almost certainly lose ...
Silvergate Capital has announced that it will wind down operations at Silvergate Bank and liquidate that branch of the overall company. Silvergate was one of the major crypto banking giants still in ...
The Silvergate Bank headquarters in La Jolla, California, US. Silvergate Capital Corp. announced its intent to wind down operations and voluntarily liquidate Silvergate Bank. Photographer: Ariana ...
Layoffs announced after Silvergate Bank takes $8B hit related to failure of cryptocurrency trader FTX. Silvergate Capital Corp., parent of Silvergate Bank, on Thursday announced it is laying off about ...
Silvergate Capital is a financial services business for cryptocurrency companies. It was roiled by the FTX scandal, causing shares to collapse in late 2022. This week, investors are bidding up the ...
Silvergate Capital was a bank for the fraudulent cryptocurrency exchange FTX. It is rapidly losing customer deposits and is hemorrhaging money. Shares are down 80% in the last six months. Silvergate ...