Silvergate capital

Silvergate Bank will "voluntarily liquidate" its assets and wind down operations, its holding company, Silvergate Capital (SI), said Wednesday. Bianco Research, L.L.C. President and Macro Strategist Jim Bianco discusses the latest blow to the crypto industry and its impact on the markets. Plus, his reaction to CoinDesk reporting that JPMorgan is ending its banking relationship with Gemini, the cryptocurrency exchange owned by Cameron and Tyler Winklevoss.

9 mar 2023

Federal Deposit Insurance Corp (FDIC) officials have been consulting with executives of troubled crypto-focused bank Silvergate Capital (SI) on how to keep the company in business, according to a report from Bloomberg, citing sources familiar with the matter. "The Hash" panel discusses the latest in the fall of Silvergate.

8 mar 2023

Mercati

L'action Silvergate a chuté d'environ 90 % au cours de l'année écoulée en raison du marché baissier des Crypto et de sa relation de dépôt avec FTX.

Di Stephen Alpher31 gen 2023

A bipartisan group of U.S. senators is pushing Silvergate Capital (SI) to provide more details about what it knew about FTX’s alleged misuse of customer funds, according to a Bloomberg report. Plus, Bitzlato's co-founder reportedly said in an interview that the crypto exchange plans to resume operating and allow partial withdrawals of user funds.

31 gen 2023

Crypto-focused bank Silvergate Capital (SI) suspended dividend payments on its preferred stock to preserve capital. "The Hash" panel discusses the latest fallout of crypto winter as contagion effects continue to ripple across the industry.

27 gen 2023

Crypto bank Silvergate Capital (SI) reported a net loss of $1 billion for Q4, compared with a net income of $40.6 million for Q3. HashKey Capital, the investment arm of HashKey Group, has closed its third fund with $500 million in committed capital. Fidelity Investments-backed crypto exchange OSL is reportedly cutting staff and reducing its overall costs by about a third.

17 gen 2023

Shares of crypto bank Silvergate Capital (SI) plunged after announcing it has cut 40% of its staff, or about 200 employees. This comes after the bank was forced to sell assets at a steep loss to cover some $8.1 billion in withdrawals. "The Hash" panel discusses the latest fallout of crypto winter.

5 gen 2023