Tag: Silvergate
Silvergate: Bankrupt crypto bank lays off hundreds of employees
In March, an important bank for the crypto space went bankrupt. Now Silvergate Capital Corporation will no longer be listed on the New York Stock Exchange. Source: BTC ECHO…
MicroStrategy repaid its secured Bitcoin (BTC) loan to Silvergate
MicroStrategy has announced that it has repaid its $205 million loan collateralized in Bitcoin, contracted with Silvergate Bank. In addition, the company also acquired new BTCs. https://cryptoast.fr/feed/ MicroStrategy a remboursé…
bankruptcy of the Silvergate bank, new earthquake in the cryptos
One of the main traditional banks supporting decentralized finance has just announced its liquidation. After a snowball effect, the American financial institution threw in the towel, leaving its customers on…
Crypto: Silvergate bank, collateral victim of FTX, goes out of business
Several months later, the FTX scandal is still creating a stir in the cryptosphere. Silvergate, one of the main banks to bet on cryptocurrencies with Signature Bank, has announced that…
Bitcoin Plunges Below $20,000, Silvergate, Fed & SEC Freak Cryptos Out
© Reuters Investing.com – The has largely accelerated its decline since late Thursday, with the cryptocurrency bottoming at $19,797 around 2am. This is the cryptocurrency’s first foray below the key…
Binance Claims No Exposure to Silvergate, But Cryptocurrency Continues to Fall
© Reuters By Geoffrey Smith Investing.com — The world’s largest cryptocurrency exchange, Binance, said it had no exposure to Silvergate Capital (NYSE:), hoping to calm the nerves of clients rattled…
Silvergate, life and death of a bank addicted to cryptos
Published on : 03/09/2023 – 16:47 Silvergate Bank announced on Wednesday that it was preparing to liquidate its activities. It would be the first failure of a traditional financial institution…
Crypto: Silvergate ceases operations and goes into liquidation
© Reuters Investing.com – Silvergate Capital, a cryptocurrency lender, announced on Wednesday that it is ceasing operations and liquidating its bank. The stock plunged more than 36% in trading after…
Silvergate, in difficulty, will end its activities and liquidate its bank
© Reuters. By the staff of Investing.com Shares of struggling crypto bank Silvergate Capital (NYSE:) plunged after hours on Wednesday after the company said it would cease operations and voluntarily…
Bitcoin: Silvergate makes BTC plunge again, another blow for cryptos
© Reuters Investing.com – After putting pressure on the $22,000 level with several tests during the day on Wednesday, the finally broke this support in the evening, pulling back to…
Silvergate: Crypto bank throws in the towel
The Silvergate bank is financially ailing. The company has now announced that it will cease operations. Source: BTC ECHO The post Crypto bank Silvergate throws in the towel appeared…
Industry heavyweight: Battered crypto bank Silvergate wants to close
industry heavyweight Battered crypto bank Silvergate wants to close 03/09/2023, 00:25 The collapse of the FTX crypto exchange also brought severe turbulence to the US bank Silvergate. To avoid bankruptcy,…