Silvergate Capital will liquidate after crypto collapse wipes out bank
Silvergate said late Wednesday it would wind down operations after a run on the bank caused by crypto outflows led to mounting losses for the firm.
Home >
TFf1BQzgiNUdUbn9YF5x1ig4GFMhAGUwHD >
TFf1BQzgiNUdUbn9YF5x1ig4GFMhAGUwHD
'Crypto Friendly' Bank Silvergate to Wind Down Operations
Citing regulatory headwinds and the bear market, Silvergate Capital announced it is shuttering Silvergate Bank.
Crypto Bank Silvergate Announces 'Voluntary Liquidation'
TVESdiMRuJC2Y9tXotMjoC925e3x4FmzQV
Silvergate Stock Crashes After Closing Crypto Bank
Silvergate's share price crashed more than 37% at Thursday's open after the firm said it will close its crypto bank operations.
Mon,01 Apr 2024-
Cathie Wood’s ARK reportedly ‘first in line’ for a spot Bitcoin ETF
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
-
Dogecoin Whales Fill Up Their Bags As Price Rallies – How Much DOGE Did They Buy?
Interestingly, the price surge was on the back of increased activity from whales, as indicated by on-chain data. The increased activity led to an increased"/>
-
Solana Surging Ahead Of Ethereum In This Particular Metric
Recent market dynamics have seen Solana struggling to break above the $200 mark. A notable bearish factor among these market fundamentals is the recent"/>
-
DOGE Day Afternoon: Open Interest Breaks $2 Billion, Setting New Records
DOGE, the internet's favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical"/>
-
12-Year Bitcoin Slumber Ends: Whales Signal Stormy Seas Ahead
TTy1G5cgA1pk67XLFpFbB81jSfo8G3pgxw
-
TL5iMbgJqwEWcXqGPY1eFKCizY46EaF6Wa
Co-founder of Tornado Cash Roman Storm has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ)."/>
-
Prisma Finance Hacker Continues On-Chain Tirade Following $11 Million Heist
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7"/>
-
Bybit’s MVP license in Dubai ‘very restricted,’ CEO says
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
