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Silvergate Exchange Network
BCB Group CEO Reacts to Recent Banking Sector Jitters
BCB Group, a payments processor that links crypto companies to the banking system, is accelerating plans to add U.S. dollar capabilities to help fill the hole left by the recently shuttered Silvergate Exchange Network. BCB Group CEO and founder Oliver von Landsberg-Sadie discusses the company's plans given the recent banking sector concerns, saying, "we will face the same scrutiny, but we're building this in a different way."
Crypto Banking Firm BCB Prepares U.S. Dollar Payments to Fill Silvergate Void
BCB Group is accelerating plans to add U.S. dollar capabilities to help fill the hole left by the recently shuttered Silvergate Exchange Network or SEN. The London-based crypto banking firm's CEO, Oliver von Landsberg-Sadie, discusses the role of crypto companies in the banking industry. Plus, whether recent collapses and scandals are politicized against crypto.
Signature Bank’s Signet Platform Still Works, but Some Clients Have Moved On
The real-time payments platform, popular with crypto businesses, will continue to be offered under the newly established Signature Bridge Bank entity, a source told CoinDesk.
Replacing Silvergate’s Network Is a Challenge for Crypto Industry: JPMorgan
Some of the services provided by Silvergate will migrate to other banks such as Signature Bank, Provident Bancorp, Metropolitan Commercial Bank and Customers Bancorp, the report said.
Crypto.com Faces Difficulty Maintaining Fiat On-Ramps in the Face of Crypto Banking Crisis
The exchange’s current EUR banking partner is only accessible to users based in the European Economic Area (EEA).
Signature Bank, Stablecoins Might Benefit From Silvergate Exchange Network's Demise
The bank’s exchange network, SEN, had a simple premise and played a crucial role from its inception in 2018 through its shutdown on Friday. Analysts and experts are handicapping what might fill the void.
Dapper Removes ACH Withdrawal Option, Citing Circle
Wire transfer and USDC remain an option for Dapper users.
Crypto Bank Silvergate Bucks Market Rally as FTX Exposure Is Questioned
Silvergate shares were down about 7% while other crypto-linked stocks rallied Tuesday.
Crypto Bank Silvergate’s Stock Defended By Analysts Amidst FTX Concerns
Shares have fallen this week on broader crypto market worries, including the fact that FTX is a customer.
Silvergate Shares Drop as USD Transfers, Digital Deposits Slowed in Q3
The digital asset bank grew its customer base to 1,677 during the third quarter.
