Silvergate Bank


Finance

Billionaire George Soros' Fund Dives Deeper on Crypto Bets

The fund purchased or added to positions in Marathon Digital, MicroStrategy and Silvergate Bank, according to an SEC filing.

George Soros (Sean Gallup/Getty Images)

Finance

President Herbert Hoover Saves the Day for a Crypto Bank? Yeah, That’s Weird

Silvergate got propped up by the Federal Home Loan Bank system created in 1932.

President Herbert Hoover as an NFT (Midjourney/CoinDesk)

Finance

Bitcoin Miner Marathon Digital Pays Off Silvergate Revolving Credit

The company also reiterated its expectation to have 23 exahash per second of computing power around the middle of 2023.

Marathon Digital CEO Fred Thiel, at the Bitcoin conference in Miami (CoinDesk)

Finance

Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren

"New and disturbing allegations about the [Silvergate's] business practices have continued to surface," says the letter from the Massachusetts Democrat and two Republican colleagues.

(CoinDesk)

Finance

Silvergate CEO Attempts to Address Concerns in Public Letter

Shares of the crypto-focused bank have been reeling in part due to links with failed crypto exchange FTX and sister company Alameda Research.

(CoinDesk)

Finance

Crypto Bank Silvergate Cut to Underweight at Morgan Stanley Following FTX Collapse

Already down more than 50% over the past month, the bank’s shares are lower by another 3% in premarket action Monday morning.

Morgan Stanley rebajó la calificación de las acciones del banco de criptomonedas Silvergate Capital para infraponderar desde igual valoración. (Unsplash)

Finance

Crypto Bank Silvergate Says Its BlockFi Digital-Asset Deposit Exposure Totals Less Than $20M

The bank's shares closed down 11% to $25.90 on Monday, after BlockFi bankruptcy filing.

(CoinDesk)

Markets

Wall Street Banks Seen as Unlikely Saviors as Crypto Firms Struggle

Blockchain true believers say the nascent industry represents an existential threat to traditional finance. But now's probably not the time for Wall Street to gobble up ailing crypto firms, analysts say.

Wall Street sign with American flags and New York Stock Exchange in Manhattan, New York City, USA. (Getty Images)

Finance

Crypto Bank Silvergate's Shares Continue to Fall Despite CEO’s Remarks

Traders seem to be anticipating Silvergate could be significantly affected by the collapse of FTX.

(CoinDesk)

Finance

Crypto Bank Silvergate Bucks Market Rally as FTX Exposure Is Questioned

Silvergate shares were down about 7% while other crypto-linked stocks rallied Tuesday.

Casa central de Silvergate Bank. (CoinDesk)